Despite the global macroeconomic risks and market price volatility, Tesla (NASDAQ: TSLA) has been on an upward trajectory throughout 2023.
Wall Street analysts, however, worry about operating margins dropping and price cuts for Tesla vehicles, which is why they see a moderate price increase in the next 12 months.
The average analyst target price sees a 4% gain
Analyst consensus at TipRanks is a ‘hold’ based on 28 analysts, with an average target price of $253 for the next 12…
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