Could TSLA Stock Keep Falling? Here's One Take
If you follow the stock market, you've probably seen that shares of TSLA have dropped quite a bit recently. But one analysis suggests this dip might not be over, and the stock could potentially head lower. According to this view, even after the recent price drop, the stock's value is still quite high compared to how much the company is earning. The analysis points to concerns about the company's growth slowing down and increasing competition from other carmakers. The core idea is that the stock price might not fully reflect these challenges yet. While the company has exciting future plans, this particular analysis believes the current stock price is still too optimistic and predicts a continued decline. It's important to remember this is just one opinion among many in the financial world. Stock prices can go up and down for many reasons, and different experts have different ideas about where they are headed.