Tesla stocks are currently hovering around the $241 mark, but saw a 5% DIP on Wednesday as the market crashed. Dow Jones scored 700 points, which wiped out nearly $1.75 trillion worth of wealth from the US stock market. TSLA is one of the stocks that have been a terrible hit as its price has fallen almost 37% since the start of the year. The 50% YTD had fallen, but we were able to recover a bit as the 90-day tariff suspension began this month.
With Tesla down this year, analysts are buying dip and it will be the best time. The stocks exceeded 100% of the all-time high range in late 2024. Along with Dip, many disappointing news hit the EV makers, including founder Elon Musk’s political moves and the threat of US tariffs. Musk still feels that Tesla can one day beat Apple for the most valuable company in the world. So when is it a good time to buy stocks?
What price is Tesla stock (TSLA) worth buying?
Tesla stocks are likely to be lower than the current $240 price tag, so now is not the best time to buy. While it is difficult to pinpoint the exact low stock, the next revenue report is the decision date that could affect its trajectory.
Tesla’s revenue calls are scheduled for April 22, 2025, and Wall Street is closely watching the development. First quarter revenue calls had poor results along with lower production, sales and revenue. Production fell by 16%, while car delivery fell by 13%. Additionally, its annual revenues saw a major dip that slowed Tesla stock performance.
If things don’t change, Tesla stock could face another round of sale, causing prices to plummet on the charts. If revenues are disappointing this time, TSLA is likely to fall into the $220-$200 range. This suggests that experts could potentially be the cheapest Tesla stocks.
Several companies, like Bank of America and Wedbush, are still confident in their future TSLA outlook. The latest revised price target offered by three Tesla stock companies is $315. This is an increase of about 30% from the current price of $241 and a return on investment (ROI). So, if you reach TSLA’s shares of $200 or more and cash them over $300, you can provide the largest profits of the shares in 2025.
