Why Tesla Stock (Nasdaq: TSLA) Will Double in the Next 12 Months
Keith Fitz-Gerald has written an excellent article on why Tesla could double in the next 12 months. It was only last month that Tesla was around $220 per share, and it has gained $36 since then. Tesla's stock will continue to rise along with its car sales, battery charger installations, and its Gigafactory battery plant. Good news from each of these areas will push Tesla's price higher, and when they achieve their $35,000 electric car, the stock will go parabolic. Tesla is probably worth buying at any point around $256 per share or lower. The dips will probably be bought swiftly on Tesla, and your only mistake may be not getting in soon enough.
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The Tesla is having a hard time after losing BMW’s contract. But if the prediction is this then I would say that lets explore it.
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