Is Tesla (TSLA) Overvalued After Its Recent Share Price Momentum?
Tesla (TSLA) has quietly added some momentum, with the stock up about 3% in the last day and roughly 14% over the past month, even as broader markets stay choppy.
See our latest analysis for Tesla.
That recent burst of buying sits on top of a solid run, with a roughly 16% 3 month share price return and a powerful 3 year total shareholder return above 200%, suggesting momentum is still very much alive around Tesla at a share price of $458.96.
If Tesla’s move has you rethinking the whole EV and auto space, it is a good moment to explore other interesting names among auto manufacturers.
Yet with Tesla now trading above many analysts’ targets, despite still robust revenue and earnings growth, investors face a familiar…
