TSLA stock price prediction as Tesla picks next plant location

Following a tumultuous 2022, electric vehicle (EV) behemoth Tesla (NASDAQ: TSLA) has experienced a remarkable resurgence in 2023. Fueled by improved macroeconomic conditions and a resurgent tech market, the company’s shares soared to triple-digit gains, briefly touching nearly $300 in July. A minor pullback followed a less-than-stellar earnings report in late October, which showed that the carmaker’s price cuts ate into its profitability. At press time, TSLA was sitting at $261.44, up 1.88% in the past 24 h ...