Where Will Tesla Be in 10 Years?
When looking at some of the best performing stocks of the past decade, there's no question that (NASDAQ: TSLA) is among the top companies on that list. Thanks to rapidly rising sales, its shares have skyrocketed 1,200% in the past decade.
But macro headwinds have crushed this electric vehicle (EV) company's fundamentals. Revenue growth turned negative in the latest quarter, with profits under serious pressure. Shares currently sit 57% below their all-time high (as of May 8).
Where will this top EV stock be a decade from now?
Source Fool.com
Tesla Inc Stock
€262.75
-1.700%
Currently there is a rather positive sentiment for Tesla Inc with 185 Buy predictions and 50 Sell predictions.
As a result the target price of 285 € shows a slightly positive potential of 8.47% compared to the current price of 262.75 € for Tesla Inc.
