Can Tesla stock reach $200 after mega crash?

2023 was a lackluster year for Tesla (NASDAQ: TSLA). The growing competition from other EV producers seems to have taken its toll, which continued into this year.Even after multiple price cuts to increase competitiveness, which drove the deliveries up by 38%, it still wasn’t enough according to the company’s target of 50% upside.Tesla warns of a slower year of growth as it focuses on delivering a new model in 2025 called ‘Redwood,’ which will most probably be a compact crossover that aims to start a new gen ...