Why Tesla Stock Fell Today
Shares of (NASDAQ: TSLA) fell on Monday, declining as much as 5.4% at the day's lows, before recovering to a 3.8% decline as of 2:40 p.m. ET.
Yes, the broader Nasdaq Composite (NASDAQINDEX: ^IXIC) was down as well today, as traders appeared to rotate out of large-cap tech stocks that have already gained an impressive amount this year.
Tesla is certainly in that camp, having roughly doubled in 2023, even after today's decline. However, its decline on Monday was exacerbated by a downgrade from a major Wall Street firm.
Source Fool.com
Tesla Inc Stock
€162.08
0.170%
Currently there is a rather positive sentiment for Tesla Inc with 55 Buy predictions and 25 Sell predictions.
As a result the target price of 250 € shows a very positive potential of 54.24% compared to the current price of 162.08 € for Tesla Inc.
