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Is Tesla stock worth buying? This is one of the main questions I am asked. The Tesla stock is priced at a very reasonable area right now. I see the future Tesla stock price predictions going higher based on the new technology that they will be rolling out over the next two years. Every since the Tesla Battery Day announcements, the Tesla stock price has been more volatile, but has been slowly dropping that volatility.
The Tesla stock price has started to recover nicely from the Tesla Battery Day price drop. The market had a rough one yesterday, which lead to further declines in the stock market. In looking at all the Tesla stock news out there, we can easily see that the Tesla stock price should have now problems moving higher over the next few months. I feel confident that by the end of 2021, that the Tesla stock price will reach $600 a share. If Tesla continues on with their current rate of R&D, they should stay years ahead of any competition.
I have included many Tesla charts in my videos covering Tesla for those that are interested. I will link to a few Tesla videos down below this for those looking to see other videos on my Tesla stock price predictions.
(Li vs Tesla vs NIO)
(Tesla Stock Price Update)
(NIO Stock Price Update)
I do have a Tesla stock price prediction out there of $500 a share by the end of this year. I still feel that this Tesla stock price prediction could come to fruition if the cards all lay down correctly. Right now with the stimulus plan on hold, we will probably have to wait until January for the full price to hit $500, but after that, the Tesla stock price should be able to continue up to the $600 range by the end of next year. This is a big chance for all of us Tesla stockholders to get in at some lower prices before the push towards new highs.
The latest Tesla stock news has been fantastic and I see no reason why the Tesla stock price won't continue to increase over the next few weeks and months. The only way that the Tesla stock price would start to fall is if the impact from Covid becomes large again and starts shutting down businesses again. (Which I do not see happening) The Tesla stock price has been very resilient since March and I have felt that the upside is limited in the 2020 and possibly 2021 to the above stated levels. I do think that once the new Tesla technology starts rolling out with the new Tesla batteries, you will see some massive gains in the Tesla stock price.
In summation, the Tesla stock price predictions in this video are based on no stimulus until January and with the stock market continuing to slowly recover. I did not take into consideration any black swan events that could ruin any Tesla stock price predictions that I made. The Tesla stock price is set to explode once the new technology and vehicles start rolling off the assembly line. It looks to be a good day to be a Tesla stockholder and I see nothing but good things down the road for the Tesla stock price.
There will be a Tesla earnings call soon that will help the Tesla stock price. Is Tesla worth it? I do believe so. Then we could always have another Tesla stock split. We will find out more at the next Tesla stockholder meeting, that I am sure of. The Tesla Plaid will be big as well.
All opinions expressed in the video and on the Patreon board and this description are for entertainment only. You should consult a licensed professional before buying any stocks. Everything in this YouTube channel is for entertainment only. I also have affiliate links in this description that I can earn money off of to help support the channel. From Stock Moe
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