west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 32,340
Those stock forecasts, whilst moderately positive, don't really back up this comment you made earlier:I actually haven't because I can't really afford any however with the £ strengthening vs the $ I can't say I'm not tempted. Ironically I do have a Tesla car on order though..
I don't think it's a terrible take because the same people said that of Tesla in 2020 and those who stuck by it and rode that wave are sat on 1000% gains, Musk is one of them and even more ironically that's after all partly how he's leveraged to buy Twitter. I still don't think he can go wrong at Twitter, he's been there a week and you can bet over time he'll accumulate some of the best people to help so it isn't going to just fail.
Either way I've never talked about investing in Tesla long term, there is no dividend so there's little point in doing so at this point. It's just a relatively decent punt vs the many punts available at the moment. At the end of the day the only way Tesla will fall and seriously fall is if big tech goes down with it and that would be pretty catastrophic.
Analyst Recommendations
The current consensus among 41 polled investment analysts is to buy stock in Tesla Inc. This rating has held steady since October, when it was unchanged from a buy rating.
TSLA Stock Forecast, Price Targets and Analysts Predictions - TipRanks
Tesla stock forecast & analyst price target predictions based on 30 analysts offering 12-months price targets for TSLA in the last 3 months.www.tipranks.com
And anyone with a brain will know this is a fantastic time to buy Tesla shares.
I think you're mistaken tying TSLA in with other big tech. It's heading towards being just another car company that's seeing its EV market leading position eroding month on month even though sales are still going up and are likely to continue rising as the EV market grows.