Tesla: analysts believe that the price of a share of $1000 is too taragoola Blinkova | 13.06.2020
Analysts from Wall Street think that the company’s stock Tesla is overvalued two days ago, the price of one share of the automaker exceeded $1000. The analysts point to increased competition
among manufacturers of electric vehicles, that could theoretically push the Tesla and to reduce its cost.
So, many of the major automakers, including General Motors and Ford Motor, recently doubled its investment in developing electric cars, hoping for future profits and growth of demand in this
As a result, many stock analysts advise to sell shares of Tesla, yet they are so expensive. However, there are tips to “keep” and even “buy” the consensus among analysts is missing.
Over the last twelve months stock price of Tesla has increased 360%.
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