Tesla Motors, Inc. is an American company internationally renowned for its electric vehicles and electric powertrain components.
Recently, while the company has experienced consistent growth for the last two years, share prices temporarily dipped in response to problematic business for Tesla China, alongside lowered analyst estimates.
Despite this, Tesla Motors is a stock worth considering: while it may fluctuate in the short term, it restores itself via its business developments, unique organizational structure, and innovative leadership.
The I Know First algorithm predicts a bullish forecast for Tesla in the three-month time frame.
Recent & Current Events: The 2013 Boom, Continuing 2014 Success, and the December Drop
As our introduction suggests, then, the recent past has been relatively kind to Tesla Motors: share prices have been increasing consistently for over five years (Figure 1), and they have jumped most significantly over the course of the last two years. Despite a short-term tumble caused by comparatively disappointing third-quarter results, 2013 - now referred to by many investors as Tesla's "best year yet" - saw TSLA stock surge more than fivefold (Figure 1), culminating in a 350 percent increase (an increase, it should be noted, about ten times that of both General Motors Co. (NYSE: GM) and Ford Motor Co., each of which went up by only 30 percent or so in 2013).
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prices temporarily dipped in response to problematic business for Tesla China, alongside lowered analyst estimates.
