From Barchart:



Tesla’s stock has surged more than 100% in 2023, but analysts are forecasting a drop in the company’s stock value in 2024. Some key factors that could influence the stock’s performance include the electric vehicle market’s growth, Tesla’s ability to meet production targets, the company’s profitability, and competition from other automakers entering the electric vehicle space. Additionally, Tesla’s success in new ventures such as energy storage and solar power will also impact its stock performance. Overall, the 2024 forecast for Tesla is uncertain, with analysts predicting a potential decrease in the company’s stock value.



Original: Tesla Stock 2024 Forecast: Will the Elon Musk-Run Company Break Out to New Highs?