Wall Street Analysts' Projections on Tesla Stock Price Growth in the Next 12 Months
Monday, 13 May 2024, 10:45
Tesla Stock Price Prediction Analysis
Tesla Motors (NASDAQ: TSLA) has been having a peculiar 2024 so far with a string of good, bad, and frequently odd developments. After reporting weak delivery figures for the first quarter, TSLA stock experienced an unexpected surge following Musk's promises of a fully autonomous taxi.
Key Highlights:
- The stock price rallied from $142 to $194 in a week.
- Analysts project a 2.86% increase over the next 12 months.
- Expert opinions range from $22.86 to $310 per share.
Despite the volatility, Wall Street remains divided on Tesla's future performance, indicating significant uncertainty in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.