Buz Investors Tesla Stock Predictions There are few stocks out there as intriguing as Tesla Inc (NASDAQ:TSLA). The green tech company with a penchant for innovation has been an intriguing share ever since it made its way to the public market. TSLA stock predictions have been difficult to make as evidenced by the TSLA stock history. As such, with an often unpredictable Tesla stock price, investors are wondering if a company so focused on the future will be a viable and stable investment in the present.
The company has been marked by ups and downs, with its first three years on the market showing slow but steady growth, only to have the share prices explode in 2013 from the $30.00-per-share range to the near $200.00-per-share range.
Tesla investments, especially in that time frame, have been some of the best moves you could have made on the market. Jumping over 1,200% in its less-than-seven-years lifespan means that early backers and proponents of a positive TSLA stock forecast were clearly pleased with Tesla stock growth.
Take, for instance, Norway. While a relatively small—if extremely rich—country, the Scandinavian nation has proposed a bill that would ban the sale of fossil fuel-powered cars in the country by 2025. (Source: “Norway to ‘completely ban petrol powered cars by 2025‘,” The Independent, June 4, 2016.)
And Norway is by no means alone. The U.S., not often thought of as being on the forefront of climate change regulation, put forward several mandates through the Environmental Protection Agency (EPA), such as having corporate vehicle producers have fleets that average over 50 miles to the gallon. (Source: “Midterm Evaluation of Light-Duty Vehicle Greenhouse Gas (GHG) Emissions Standards for Model Years 2022-2025,” United States Environmental Protection Agency, March 15, 2017.)
Tesla is partly fueled by $2.391 billion in government subsidies. Over half of that subsidy—$1.29 billion—derives from Nevada tax incentives for Musk’s Gigafactory. They are primarily comprised of tax breaks over a 20-year period. (Source: “Complete breakdown of the $4.9 billion in government support the LA Times claims Elon Musk’s companies are receiving,” Electrek, June 2, 2015.)
And another green tech company run by Musk that has joined together with Tesla, SolarCity Corp (NASDAQ:SCTY), takes in about $2.5 billion from the U.S. government via subsidies, tax exemptions, and other deals.
The simple fact is that there are so many things going for Tesla that the company is ready to make some big gains in 2017. The only problem with a definite TSLA stock forecast is that there are so many variables, more than in most cases. Tech companies operating on the cusp of the future usually deal with more volatility than most, but the sheer array of factors that could realistically swing one way or the other make TSLA stock not for the risk-averse.
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