Why Cheaper Tesla Cars Will Be Terrible for the Stock
When (NASDAQ: TSLA) introduced the Model 3 and Model Y, it stopped the Model S and Model X in their tracks. Something similar will likely happen with the new low-cost Tesla expected in 2025, and the company's financials won't look any better, either.
Travis Hoium goes over the trends in the video below.
*Stock prices used were end-of-day prices of April 6, 2024. The video was published on May 7, 2024.
Source Fool.com
Tesla Inc Stock
€163.62
0.180%
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 27 Sell predictions.
As a result the target price of 248 € shows a very positive potential of 51.57% compared to the current price of 163.62 € for Tesla Inc.
