Tesla stock outlook for the next 6 months in 2023

Chri0031
2023-07-06

Based on the available financial data, it is difficult to predict the exact outlook for Tesla stock in the next 6 months of 2023. However, the TSLA Analyst Estimates document shows that analysts are forecasting a decrease in annual revenue, EPS, and EBITDA for 2023 compared to 2022.

Additionally, the Analyst Price Targets document shows that the consensus forecast for Tesla's stock price is a 9.84% upside from the current price. On the other hand, the Tesla, Inc. (TSLA) Model 3/Y Deliveries document shows that the number of affordable electric vehicles delivered to customers has been steadily increasing, with a 36.86% growth in fiscal year 2022.

The Model S/X Deliveries document also shows growth in the number of luxury electric vehicles delivered to customers, with a 167.03% growth in fiscal year 2022. Furthermore, the Tesla, Inc. (TSLA) Stock Price % Change document shows that the stock has had a cumulative return of 20.29% in the past month and 130.35% in the past 6 months.

Overall, while there are some indications of growth in Tesla's deliveries and stock price, the analyst estimates suggest a potential decrease in revenue, EPS, and EBITDA for 2023. It is important to keep in mind that the stock market can be unpredictable and subject to various external factors, so it is always important to do thorough research and consider all available information before making any investment decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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