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Tesla Stock Analysis: Insights and Future Projections

Ryan Hasson
Written by Ryan Hasson | Reviewed by Don Miller
April 22, 2024

Key Points

  • Tesla faces significant turbulence in 2024, diverging from its historical dominance in electric vehicles and technology.
  • Despite its esteemed status, Tesla's stock performance has plummeted by nearly 40% this year, making it the worst performer in the S&P 500.
  • The U.S. electric vehicle market is slowing down, leading to a decline in Tesla's sales and market share.
  • Interested in Tesla? Here are five stocks we like better.

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Ryan Hasson
About The Author

Ryan Hasson

Contributing Author

Technical Analysis, Momentum Trading, Risk Management

Learn More about Ryan Hasson
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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Tesla (TSLA)
4.3282 of 5 stars		$343.82+0.5%N/A168.54Hold$289.43
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