Tesla stock sees 26% uptick in institutional holders despite 2024 plunge

A dominant theme for the electric vehicle (EV) market in 2024 has been that, despite a notable slowdown in demand and stock market struggles, experts, analysts, and institutions remain very bullish when it comes to many prominent companies in the industry.Indeed, while the Lucid Group (NASDAQ: LCID) has spent much of the time since its initial public offering (IPO) failing to meet expectations and declining on the stock market, the average 12-month price target for its stock continues to forecast a 35% uptr ...