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Sohini Mondal

What Are Wall Street Analysts' Target Price for Tesla Stock?

Wall Street Tesla Inc. United States

The Austin, Texas-based Tesla, Inc. (TSLA) is a global leader in electric vehicles and clean energy solutions with a massive market cap of around $740.1 billion. Operating in the automotive and energy sectors, the company designs and manufactures electric vehicles, energy storage systems, and solar products, focusing on innovation and sustainability.

Shares of Tesla have significantly underperformed the broader market over the past 52 weeks. TSLA has declined 11.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.5%. In 2024, shares of TSLA are down 7.1%, compared to SPX's 15.8% gains on a YTD basis.

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