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
€297.10
-0.470%
Currently there is a rather positive sentiment for Tesla Inc with 109 Buy predictions and 77 Sell predictions.
As a result the target price of 306 € shows a slightly positive potential of 3.0% compared to the current price of 297.1 € for Tesla Inc.
