The EV maker’s shares have basically Best day trading stocks gone sideways since November 2021 — with plenty of ups and downs along the way. As I mentioned at the top, Tesla stock is down 31% from its all-time high already. But even if it plunged by another 50%, its P/E ratio would still be above 80.
Concerns about the company’s valuation and the sustainability of its growth rate have also led to market volatility. Furthermore, Tesla’s full self-driving technology has faced regulatory hurdles and safety concerns, which could impact its future profitability. According to the research reports of 38 Wall Street equities research analysts, the average twelve-month stock price forecast for Tesla is $326.50, with a high forecast of $550.00 and a low forecast of $24.86. In 2050, the Tesla stock will reach $21,500.10 and after achieving this target Tesla Stock Price will move towards its next target of $22,600.55.Tesla is working on many projects so they can provide a better experience to its customers.
The consensus rating for Tesla is Hold while the average consensus rating for “auto/tires/trucks” companies is Moderate Buy. Enter your email address below to receive the latest news and analysts’ ratings for Tesla and its competitors with MarketBeat’s FREE daily newsletter. In the table below you can see the Tesla Stock Price Prediction 2023, 2024, 2025, 2027, 2030, 2035, 2040, 2050, 2060, 2070, 2080.
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That’s because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Tesla stock has been on a roller coaster ride since its initial public offering (IPO) in 2010 when it was priced at $17 per share. The stock reached an all-time high of $313.80 in November 2021 after a five-for-one stock split in August 2021. However, the stock plunged by more than 65% in 2022, amid the COVID-19 pandemic, supply chain disruptions, quality issues, legal battles, and market volatility. In this article, we will look at Tesla Stock Price Prediction 2024, 2025, 2026, 2027, 2030.
Musk’s investment not only provided the company with needed capital but also attracted additional funding from outside investors, including venture capitalists. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Confidence has bounced back, with developments in full self-driving (FSD) capabilities https://www.forex-world.net/ and the unveiling of FSD-enabled Robotaxis in October 2024 helping drive the stock higher.
However, market volatility and fluctuating stock prices may present challenges. The company’s ability to navigate these financial pressures while scaling up production and innovation will be pivotal in shaping its 2024 performance. After its IPO, the stock price fluctuated but remained relatively low. A pivotal moment came in 2012 with the launch of the Model S, Tesla’s first mass-market electric vehicle (EV), which boosted investor confidence and put TSLA at a high of $2.66 in March 2012. Tesla was founded in 2003 by engineers Martin Eberhard and Marc Tarpenning, with the vision of creating electric vehicles that could rival traditional combustion-engine cars in performance and style. Elon Musk joined Tesla shortly after as a chief executive officer, leading a series of investments that would shape the company’s future.