Tesla Inc (TSLA) Shares Gap Down to $249.2599 on Oct 2

Core Insights - Tesla Inc (TSLA) shares experienced a decline of 3.40% on October 2, reaching an intraday low of $241.50 before slightly recovering to $249.26, which is 8.02% below its 52-week high of $271.00 and 79.58% above its 52-week low of $138.80 [1] - The trading volume for Tesla was 56,447,631 shares, representing 73.4% of the average daily volume of 76,860,688 [1] Analyst Forecasts - The average one-year price target for Tesla Inc, based on estimates from 43 analysts, is $210.71, indicating a potential downside of 15.47% from the current price of $249.26, with a high estimate of $310.00 and a low estimate of $24.86 [2] - The consensus recommendation from 53 brokerage firms gives Tesla an average rating of 2.7, which indicates a "Hold" status on a scale where 1 is Strong Buy and 5 is Sell [2] - GuruFocus estimates the fair value (GF Value) for Tesla Inc in one year to be $298.06, suggesting an upside of 19.58% from the current price of $249.26 [2]