#6 - Tesla (NASDAQ:TSLA)
Another beaten-down stock in Trump’s portfolio is Tesla Inc. (NASDAQ: TSLA). According to the FDR, Trump owns between $50,000 and $100,000 in TSLA stock. Remember: this information was released before Elon became publicly associated with Trump’s campaign.
At first glance, a Tesla investment might seem at odds with Trump’s skepticism toward electric vehicles (EVs). But reducing Tesla to just a car company misses the bigger picture—especially with Elon Musk at the helm.
The reality is that Tesla’s true growth potential lies beyond EVs. Its advancements in autonomous driving, powered by artificial intelligence, could be transformative. Considering that Trump owns a piece of many Magnificent 7 stocks, it’s easy to assume that he doesn't think the tech sector is a bubble.
And when you look at TSLA stock through that broader prism, it seems like a significant value at its current price. As a playground for traders, the stock will experience some volatility in both the short and long term. But for investors who can stomach the swings, Tesla offers exposure to multiple disruptive technologies and a chance to ride one of the most ambitious innovation stories of the decade.
About Tesla
Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
More about Tesla- Current Price
- $241.17
- Consensus Rating
- Hold
- Ratings Breakdown
- 22 Buy Ratings, 9 Hold Ratings, 8 Sell Ratings.
- Consensus Price Target
- $292.18 (21.2% Upside)
