Analysts see the EV giant Tesla as the best investment in 2023
On Wednesday, Baird Equity Research's Ben Kallo set his Tesla price target to 252.
“Ben Kallo's new price target puts Tesla stock price more than 130% above Tuesday closing price, and Kallo touted Tesla as a "Best Idea" stock for investors in 2023.”
2022 has been a horrendous year for Tesla with it's stock dropping more than 70%.
There several reasons why the stock has gone down so much this year, including
the Fed raising interest at an unprecedented rate, and the war between Russia and Ukraine, to name a few, but a great deal of investors point to Elon Musk's acquisition of Twitter as the main trigger of the huge decline.
Tesla 2023 Outlook
See the complete Investor's Business Daily article including Wedbush analyst Daniel Ives's take on the Tesla current "soap opera" and his view on Tesla's chances in 2023.
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