Tesla (TSLA) stock has surged by 247% in the last year. However, in the past six months, the stock has been largely sideways. After a correction from all-time highs of $900, TSLA stock seems to be in a zone of consolidation. Among the very optimistic commentators, Cathie Wood believes that Tesla stock can touch $3,000 by FY2025. It might seem difficult to talk about the long-term stock price outlook. At the same time, considering the industry tailwinds and several company specific factors, it seems very likely that Tesla stock will remain in an uptrend.
https://www.tipranks.com/news/article/tesla-could-be-geared-for-upside
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Jul 2021 to Aug 2021 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Aug 2020 to Aug 2021 Click Here for more Tesla Charts.