Will Tesla reach 1000?
Get set for electric car maker Tesla, Inc.’s (TSLA) stock to accelerate.
Billionaire investor Ron Baron predicted that the electric car maker’s stock will reach $1,000 by 2020 in an interview with CNBC this morning.
According to Baron, Tesla’s stock will trade between $500 and $600 next year.
Is Tesla a Good Investment 2020?
It’s true that Tesla is executing very well, with deliveries soaring and profitability improving. In addition, the automaker looks poised to grow its business rapidly yet again in 2020 — and 2021 looks promising as well.
Will Tesla rise again?
Shares of Tesla (NASDAQ:TSLA) are surging yet again, rising to another all-time high. This put shares at about $730. The stock’s gain follows more bullish commentary from analysts. Two analysts think there’s still room for significant share price appreciation in the electric car maker’s stock.
Is Tesla stock worth buying?
Tesla stock is currently not a buy. At current levels, Tesla stock is still at risk of a pullback. It’s not a good time to buy shares with the market in a correction. Wait for the stock to settle down and develop a clear area of resistance, thus establishing a new buy point.