Tesla Stock in 2027: Why I Think It Still Has Room to Run
Tesla has dipped a bit and it faces near-term challenges, but its growing full self-driving, energy, and AI businesses could give it significant long-term growth potential.
Overview
When friends ask me if they should sell their shares in Tesla (NASDAQ: TSLA), I always get snarky and start by asking a different question: Do you still believe Tesla is one of the companies shaping the next decade of transportation, energy, and automation, or do you see it now as just another carmaker that had a good run?
Sure, I often ask if they think the ticker will run more, but my answer, looking out to 2027, is that the stock still has room to run, and that selling it just because the last couple of quarters were messy would miss what is actually happening inside the business.
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Originally published at www.fool.com.