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Elon Musk Predicts TSLA Will Hit $690 as Analysts Raise Price Targets Despite Overbought Signals

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Topic review: Elon Musk Predicts TSLA Will Hit $690 as Analysts Raise Price Targets Despite Overbought Signals Expand view

Elon Musk Predicts TSLA Will Hit $690 as Analysts Raise Price Targets Despite Overbought Signals

by Teslaguy » Tue Dec 17, 2024 6:40 pm
Elon Musk predicts TSLA will hit $690. Serious question: Is this realistic given the current market conditions and the stock’s already substantial climb this year? The recent analyst upgrades are intriguing, especially given the overbought technical indicators. Is this pure speculation fueled by the Trump connection, or are there underlying fundamentals justifying this optimism? What's your price target for TSLA in 2025, and what factors are driving your prediction? The PE ratio compared to competitors is staggering. Is Tesla truly that much more valuable, or is a correction inevitable? I'm curious to hear diverse perspectives on this.

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