Is Tesla Stock a Buy Now?
(NASDAQ: TSLA) shares are extremely volatile, but they have remarkably rewarded investors. Just in the past five years, they have climbed 530% (as of May 30). This is despite the pandemic, supply chain issues, inflationary pressures, and general economic uncertainty that have concerned investors since mid-2020.
Currently, this electric vehicle (EV) stock trades 27% below its all-time record. Does this dip make Tesla a buy?
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
€267.30
2.270%
Our community is currently high on Tesla Inc with 108 Buy predictions and 84 Sell predictions.
With a target price of 296 € there is a slightly positive potential of 10.74% for Tesla Inc compared to the current price of 267.3 €.
