Thu, February 13, 2025
Wed, February 12, 2025

Is Tesla stock headed for $270?

  Copy link into your clipboard //stocks-investing.news-articles.net/content/2025/02/12/is-tesla-stock-headed-for-270.html
  Print publication without navigation Published in Stocks and Investing on by FXStreet
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  It's only Tuesday, and yet Tesla (TSLA) stock is already down 9.2% this week. In fact, if you include Friday, in just the last three sessions TSLA shares have given up 12.2% or $147 billion in market cap.


The article from FXStreet discusses the potential future price movements of Tesla Inc.'s stock, suggesting that it might be headed towards $270. Analyst Dan Ives from Wedbush has reiterated an Outperform rating on Tesla with a price target of $275, citing strong demand for Tesla's vehicles, particularly in China, and the company's advancements in autonomous driving technology. Despite a recent dip in stock price, Ives remains optimistic, pointing to Tesla's robust order backlog and the upcoming launch of the Cybertruck as positive indicators. The article also mentions that Tesla's stock has experienced volatility due to various factors including production challenges, but the long-term outlook remains bullish, supported by Tesla's innovation in electric vehicles and energy solutions.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/news/is-tesla-stock-headed-for-270-202502121331 ]