Tesla's stock has been on a remarkable run recently, hitting a 52-week high of $358. Analysts have varying opinions on its future performance2. Some analysts have set price targets as high as $400 for Tesla in 2024. However, the consensus price target is around $220 to $350, with a significant number of analysts rating it as a "Hold".
As for whether to take profit at $330 or add more when it pulls back, it really depends on your investment strategy and risk tolerance. If you're looking to maximize gains, you might consider holding or adding more if there's a pullback. However, if you're more risk-averse, taking profit at $330 could be a safer option.
FSD Support! Will Tesla Restart Uptrend to $400?
Tesla jumps 5% as President-elect Donald Trump's transitionteam plans to make a federal framework forfully self-driving vehicles a priority, benefiting Elon Musk and his bet on self-driving technology.
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At what price would you add Tesla?
Would Tesla hit $400 this week?
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