Could Tesla Stock Soar to $252?

Motley Fool2023-04-13

Following one analyst's bearish note last week on Tesla stock, another analyst is making the opposite assertion. An analyst from Baird said on Tuesday morning that shares could soar to $252. That ...

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Comments

  • sunshine138
    2023-04-14
    sunshine138
    Yes
  • runningjames
    2023-04-13
    runningjames
    Likely down below 170 before it can stay above support line of 217 for period of time
  • romanc9
    2023-04-13
    romanc9
    At the end of the day, after price cut, does Tesla still profit from the manufacturing cost to produce each vehicles after all the necessary cost, e.g, shipping, labour, operation, etc. If Tesla still making money, isn't that the most important point. As production move forward, means the more they can produced, the more profit they will accumulate. As long as, every car they sell and make a profit and not losing money, that will be great. Cutting prices, as long as, it don't hurt bottom line. 
  • alexj
    2023-04-13
    alexj
    tesla is good ev company
  • Take courage
    2023-04-13
    Take courage
    It can tumble down to less than 100 too. How about that??
  • Last one standing
    2023-04-13
    Last one standing
    Dominance is when you can charge a premium like Apple and still keep your market share. This EV price war is just the beginning, not the end. Sooner or later, this price war will extend to other markets as well because truth be told, Tesla doesn't has any real competitive advantage other than Elon Musk. Once every car maker comes into the EV market, competition is going to be endless and I don't see how Tesla first mover advantage is going to be a game changer. Good luck! 
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