Where might the Tesla share price go in the next 12 months? Here’s what experts say
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The Tesla (NASDAQ:TSLA) share price has been on quite a volatile journey this year, surging and tumbling by double-digits repeatedly. Seeing severe price fluctuations is nothing new to this leading electric vehicle (EV) enterprise, especially since the stock’s long traded at lofty valuations.
Even though the shares still trade close to 40% below their 2021 peak, the price still puts Tesla at a price-to-earnings ratio of roughly 67. In other words, investors expect some impressive growth out of the EV business in the future. So the question now is, can Tesla deliver for shareholders?
Let’s see what the experts have to say.
Polarised opinions
Tesla’s always been a bit of a…
