Tesla Stock ‘Best Idea’ For 2023, Analyst Says, After Worst-Ever Year


Source: investors.com investors.com

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Tesla (TSLA) stock, after suffering its worst one-day loss in 11 months Tuesday, rallied early Wednesday as some analysts still see the EV giant as a "best idea" investment in 2023. X Tesla stock plunged more than 11% to 109.01 Tuesday amid a Shanghai plant shutdown and weak China sales data. However, at least some analysts remain bullish on TSLA. On Wednesday, Baird Equity Research's Ben Kallo cut his Tesla price target to 252, down from 316. That puts the target more than 130% above Tuesday closing price, and Kallo touted Tesla as a "Best Idea" stock for investors in...