In this post, I will share with you some interesting information on Tesla Stock Price Prediction from 2022 to 2030.
If you are reading this post at the moment, you are certainly wondering how the Tesla stock will perform in times to come. Currently, Tesla seems to be a very promising stock and there’s a lot of anticipation going on over this stock. Are you one of those investors who are highly optimistic on this stock?
It’s never bad to be optimistic on any stock’s performance. However, it’s always wise to do some analysis based on historical data and current performance of a company. This is exactly what we are going to do in this post and by the time you reach the end of the post, I am sure you will have excellent clarity on how this stock may perform over time.
Tesla, Inc. is a multinational automotive company in the USA backed by an energetic CEO, Elon Musk. The company has been around since 2003 and is engaged in designing and manufacturing electric vehicles, battery energy storage, solar panels, and more.
Tesla, Inc. was established in 2003 by Martin Eberhard and Marc Tarpenning who were engineers. Tesla was launched to produce electric cars as a part of General Motors electric car experiment, the EV1. Elon Musk joined the company in 2004 and invested $30 in it.
The company had a tremendous success with Roadster, a car model in 2008, which could travel 250 miles with excellent speed using a single battery.
Tesla stock price was $1056.78 in the beginning of 2022. The stock is currently trading at $863.61. Hence, you can see that the price has declined by almost 19% from what it was in the beginning of the year. It’s expected that Tesla stock price will reach $1038 by the end of 2022, which is like 21%.
Experts think that the stock price can get to $1,263 in the first half of 2023. As far as the second half goes, there can be an addition of another $9, making the price $1,272, which is like a 48% increase from the current price.
If we consider the performance of Tesla stock in 2024, it can start at $1,272 and rise to $1,5404 in about six months. By the year’s end, the stock can reach $1,693, which will be about an increase of 97% from the current stock price.
If Tesla continues to do well, no wonder, you will see the stock price reach $1,947 in 2025 by mid-year and $2,208 by the year-end. Experts think that the Tesla stock can reach $3,005 by the 2030 mid year and $3,071 by the year’s end.
There are great expectations around the Tesla stocks and many experts think that the stock price may reach somewhere around $1038 by the end of 2022, which is around 21% from the price it started at the year’s start.
Tesla is one of those stocks that analysts and investors are very optimistic about. The company’s doing consistently well and experts think if Tesla continues to keep up with its good performance, the stock price may reach $3,005 by the 2030 mid year and $3,071 by the year’s end.
Tesla is undoubtedly one of those stocks that are highly reliable and the fact that it’s backed by Elon Musk makes it very reliable. On top of that, the company has done exceptionally well over the years. Even though the company had to face some hurdles during the Covid times, it has acclimatized to the situation really well and is back on track again.It certainly is not wrong to have high expectations about the stock.
Most analysts and investors are bullish on the stock and think it can reach $1038 by the end of 2020 and $3,071 by the end of 2030. Hence, if you are looking forward to having Tesla in your portfolio, you need to buy it from a long term perspective.
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