Why Tesla Stock Crashed Today
Shares of Tesla (NASDAQ: TSLA) plunged on Thursday after the Elon Musk-led tech titan reported earnings that fell short of investors' expectations.
Image source: The Motley Fool.
Tesla's revenue rose 26% year over year to $28.2 billion in the second quarter. The gains were fueled by a 23% jump in automotive sales to $20.5 billion, a 13% rise in energy generation and storage revenue to $3.1 billion, and a 50% surge in services and other revenue to $4.6 billion.
Source Fool.com
Tesla Inc Stock
€310.70
4.970%
Currently there is a rather positive sentiment for Tesla Inc with 106 Buy predictions and 39 Sell predictions.
As a result the target price of 409 € shows a positive potential of 31.64% compared to the current price of 310.7 € for Tesla Inc.
