Investor Bill Baruch buys more TSLA stock, optimistic about future performance

From Yahoo Finance: 2025-05-07 09:49:00

Investor Bill Baruch increased his stake in Tesla, predicting stock performance to improve in the second half of 2025. He bought more TSLA because of low exposure in his portfolio and a potential base forming. Other EV makers like BYD have seen significant rises recently.

Analysts expect Tesla’s EPS to decrease to $1.91 in 2025 from $2.42 in 2024, but rise to $2.91 in 2026. Over the past month, TSLA shares have increased by 1% but dropped by 27% in the last three months. Consider AI stocks for higher returns in a shorter timeframe.

For more promising AI stock options, check out Insider Monkey’s report on the cheapest AI stock available. The author owns shares of BYDDY but does not plan to trade them in the next 48 hours. This article was originally published on Insider Monkey.

Read more: Well-Known Investor Buys TSLA Stock