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Barchart
Barchart
Aditya Raghunath

This Analyst Says Tesla Stock Is Ready to Rip Higher. Should You Buy TSLA Now?

Tesla Inc. Elon Musk United States

22V Research has issued a bullish call on Tesla (TSLA) stock, setting a “Buy” rating with a $325 price target. The investment firm believes Tesla is positioned for a rally despite recent headwinds, including weak European sales and intensifying competition.

Tesla's European challenges deepened in July as new car registrations plummeted 40% year-over-year (YoY) to 8,837 vehicles. It was Tesla’s seventh consecutive monthly decline in the region. The downturn occurred despite overall European battery electric vehicle sales rising, highlighting Tesla's region-specific headwinds.

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