Tesla Stock Price Status and Outlook

Currently, Tesla (Tesla, TSLA) stock price is $220.32 as of the closing price on August 23, 2024. After the market closed, it slightly rose to $220.89.

Outlook until the end of 2024

The outlook for Tesla stock until the end of 2024 varies depending on the opinions of various analysts. The average target price is $257.26, which is expected to increase by about 16.77% compared to the current stock price. This prediction ranges from a high of $375.73 to a low of $138.80, reflecting the uncertainty of the market.

According to another analysis, the average target price for Tesla stock is estimated to be around $202.12, which is about 8.26% lower than the current stock price. Experts generally suggest a "Hold" opinion, meaning that Tesla stock is expected to perform similarly to the overall market.

Target Price

The 2024 target price varies depending on different analysts. The highest target price is $310.00, and the lowest target price is $24.86. These predictions suggest that Tesla's stock price could potentially rise significantly but also has the possibility of declining.

Conclusion

Tesla's stock price can fluctuate significantly depending on future market conditions and the company's performance. Investors should consider this uncertainty before selling or buying additional shares and it is important to refer to the opinions of experts.

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