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What's ahead for Tesla in the next decade?
So, there is a lot of work, and growth, ahead for Tesla in the next decade. Tesla's long-term growth won't solely be coming from selling EVs. The company has established itself as a disruptor, and it could continue living up to that image in the years to come. There are several other potential growth avenues for Tesla.What is the future price of Tesla stock?
In the case of Tesla, any corporate news can lead to a revision of the forecast. The consensus forecast from Refinitiv analysts on Tesla stock is at $711 per share, up 2% from the last closing price. What Is the Future Price of Tesla Stocks? Market Watch, citing Fact Set, notes that only 42 percent of analysts advise buying Tesla stock.Is Tesla stock below the 50-day & 200-day moving averages?
On the chart above, Tesla stock is below the 50-day as well as the 200-day Moving Averages. Added to it the 50-day MA is decreasing and the chances of it falling below the 200-day MA has increased. The 50-day MA for Tesla is $176.5 and the 200-day MA is $169.4. Tesla stock is however on the uptrend which means the bullish momentum is increasing.What does Tesla's future look like?
The company is more than confident about its future. In a call with investors in March, for example, Tesla said it expects a 50 percent compound annual growth rate in the supply of its cars, in which case by 2030 the company will be shipping 40 times as many electric cars as it does now. Whether such a plan is achievable is not yet very clear.