Is Tesla Stock Headed to $1,400 or $67? Why Predicting Auto Makers’ Performance Is Tricky.

1 year ago 236
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Updated Jan. 7, 2022 6:15 p.m. ET / Original Jan. 7, 2022 6:11 p.m. ET

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Ford Motor is readying to astir treble accumulation capableness of the all-electric F-150 Lightning pickup, to 150,000 vehicles a year, present astatine the Rouge Electric Vehicle Center successful Dearborn, Mich.

Courtesy of Ford

Who needs parody cryptocurrency erstwhile car stocks are this exciting? Ford Motor, General Motors, Tesla, and Rivian Automotive each had terms swings of much than 10% during the archetypal trading week of the year. This, aft immoderate heady gains for the radical past year.

Predicting show from present won’t beryllium easy. I precocious spoke with 1 expert who says Tesla banal (ticker: TSLA) is headed to $1,400, and different who says $67. You cognize what they say: Sometimes you person to hold to disagree by a origin of 20.


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