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And yet, as I write this today, shares of Tesla stock are up 100% in the past 12 months. The EV maker and technology company has crushed the market and trades at a market cap of $1.3 trillion.
The average price target is $215.52, which means that the average Tesla stock forecast calls for shares to reach $215.52 by Oct. 27, 2024. What Will Tesla’s Stock Price Be in 2025?
Back in 2019, Elon Musk made an astonishing claim for Tesla vehicles. Tesla cars, he said, would go up in value, not down, after they were purchased.
Meanwhile, the overall used car market is stabilizing according to iSeeCars.com, with overall prices down 3.6% year over year in June, following price drops of 2.9% in May and 3.6 % in April.
The specifications promised in late 2019 could not be even remotely reached.. Instead of costing $70,000 in the tri-motor version, the Cyberbeast, as it is now known, costs $100,000, and for that ...
The move, which prompted a 4.5% fall in Tesla's shares in pre-market U.S. trade, came after CEO Elon Musk warned that the prospect of recession and higher interest rates meant it could lower ...