Is Tesla’s Stock Predicted to Increase or Decrease in 2015?
Tesla’s stock is predicted to increase in value in 2015, according to Forbes. In January 2015, Forbes noted that Tesla Motors, Inc. had lost a third of its value but explained that it is a good time for investors to take advantage of the investment opportunity due to the quality of the vehicles and the growth potential in global markets.
However, in July 2015, International Business Times (IBT), stated that Tesla’s stock is currently decreasing in value by 4.72 percent and mentioned that one Wall Street analyst had advised investors to sell stock. The stock was expected to drop to around $48 per share, according to IBT. In order for Tesla’s stock prices to maintain the current level, the company would need to sell 1.5 million electric cars by 2025, which would require the construction of two more plants.
