Why Tesla Stock Raced Higher Today
Shares of Tesla (NASDAQ: TSLA) gained 4.7% Tuesday on a report showing strong China sales for the electric vehicle (EV) maker in August.
Additionally, The Wall Street Journal reported Monday that Tesla was well-positioned to win federal grant money for building out its charging network, opening up another revenue stream for the EV leader.
Our community is currently high on Tesla Inc with 38 Buy predictions and 23 Sell predictions.
On the other hand, the target price of 208 € is below the current price of 226.45 € for Tesla Inc, so the potential is actually -8.15%.