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Is Tesla (TSLA) stock headed for $1,000 after Roadster reveal?

Is Tesla (TSLA) stock headed for $1,000 after Roadster reveal?

Photo: Finbold

Tesla (NASDAQ: TSLA ) stock is back in focus after the company unveiled its next-generation Roadster on October 15, raising the question of whether the long-awaited electric supercar can help drive shares toward $1,000. However, with TSLA closing at $354.72 on October 16, the stock would need to gain 182% to reach that level. Notably, the Roadster is not expected to enter production until 2028, leaving Tesla’s financial performance and progress in autonomous driving and robotics as key factors in its valuation.

Source: Finbold

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