Tesla stock has dropped 35% this year but is still up 40% in the last two years.

From Nasdaq: 2025-03-07 20:28:00

Tesla’s stock, TSLA, has fallen 35% this year but remains up over 40% in the last two years. Despite concerns of slower EV growth and price cuts, the stock is still trading 89% above its 52-week low. Investor sentiment, impacted by Elon Musk’s political ties, has led to a polarizing view on TSLA.

With an Average Broker Recommendation of 2.79, TSLA is seen as both a buy and a sell. While the stock is trading below its high P/E ratio, it remains slightly above the median. Analysts project double-digit growth for Tesla in the future, with a Zacks Rank of #3 and a price target of $348.61, indicating 32% upside potential.

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Read more at Nasdaq: Is it Time to Buy the Drop in Tesla Stock Yet?