Wall Street sets Tesla stock price for next 12 months

Saying that 2023 was a tough year for electric vehicle (EV) companies is hardly a stretch, given that the demand declined significantly and multiple prominent firms like Lucid (NASDAQ: LCID) and Nio (NYSE: NIO) were slaughtered on the stock market and saw their delivery target figures gutted. This year similarly started poorly for the industry as even the major firms like Elon Musk’s Tesla (NASDAQ: TSLA) began showing major signs of decline. The firm has, in fact, faced a string of setbacks in recent months ...