Why Tesla Stock Popped Today Despite Sliding Sales
(NASDAQ: TSLA) shares are quickly rebounding from a drop last week. The stock fell 3% last week, ending a four-week winning streak. It's starting the week off strong, though.
Shares jumped over 5% early Tuesday morning, even as data from Europe shows its electric vehicle (EV) sales continue to slump. As of 10:40 a.m. ET, Tesla stock is still trading up by 4.9%.
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
€392.75
0.590%
Currently there is a rather positive sentiment for Tesla Inc with 112 Buy predictions and 41 Sell predictions.
As a result the target price of 408 € shows a slightly positive potential of 3.88% compared to the current price of 392.75 € for Tesla Inc.
