Quote:
Originally Posted by GordonBlue
wonder at what point investors are going to wait before they see Tesla stock as a good buy.
I glanced at an article the other day that suggested waiting until it's down to $150 and then getting in. (this was when the stock was at about $170)
As a person who knows nothing about the markets, I'm guessing it's probably safe to wait longer as it should just keep going down.
|
https://www.benzinga.com/quote/TSLA/...nga%20Insights
Here are some analyst targets, most seeing lots of upside. The problem is, Tesla stock behaves pretty irrationally due to cult-like status. The best move Tesla could make now would be to ditch Musk and provide some stability. Keeping him around? Who knows where it goes, depending what he does. I'd definitely sit on the sidelines on this one until it finds a floor, maybe around $140. If it bust through that level...