Tesla is Still the Best EV Stock

The electric vehicle market is America's fastest-growing automotive market. If you want a holding in the future of transportation, Tesla (NASDAQ: TSLA) is the strongest pick. Tesla shares have slid in 2022. But with a projected upside, there's a lot of value in this pick. Tesla is recovering well from the Coronavirus Pandemic. The recent pullback in the stock is linked to a general slide in U.S. markets. But Tesla has strong fundamentals that inspire confidence. First quarter results were positive. Tesla beat analyst projections on both the top and bottom lines. It hit a record margin of 32.9%. Earnings per share came in at $3.22, compared to the average prediction of $2.26. Automotive revenue increased by 87% year over year. The company expects unit deliveries to increase by 50% year over year in 2022. The company's performance is expected to support stock price growth on the other side of the dip. The average analyst target of $969.46 suggests a massive upside over today's price of $747.24. Tesla's position as an EV market leader makes it a strong bet. The target price makes an even stronger argument to invest while this stock is down. Looking for bargain stocks with growth on the horizon? These investment strategies can help you succeed. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above. sponsored ads below The ultimate strategy to bigger stock gains You see, options offer the ultimate leverage. When used correctly, that leverage can safely turn small stock moves into big profits. It's not uncommon for an options trade on a stock that moves 2% or 3% to bring in substantially higher returns. Which can make options a great strategy for generating consistent short term income. [Don't miss your chance to attend this in-demand training.]( --------------------------------------------------------------- Slash Your Taxes With This Hack Most Americans work up to 3.5 months every year just to cover their tax bill… You could be using this to SLASH your taxes — 100% legally — this year and every year after. [Click here to learn how.]( --------------------------------------------------------------- Get Rich with Dividends A world-renowned income expert - is giving away his top dividend picks for 2022. You'll get details on... - Marc's No. 1 dividend stock for 2022 - The safest 9% dividend in the world - The top three "Extreme Dividend" stocks - And much, much more! [Click here for your Ultimate Dividend Package.]( --------------------------------------------------------------- This New EV May Drive Tesla Off The Road Tesla has ruled the electric vehicle market over the past decade. But that dominance could soon be at an end... [There's a new company that's now directly taking on Tesla.]( --------------------------------------------------------------- Ready to invest better? Then you're ready for Motley Fool Stock Advisor. With two new stocks recommendations each month, jargon-free investor analysis, and 16 years of market-beating returns, Stock Advisor is the next step towards reaching your financial goals. [Click here for more.]( --------------------------------------------------------------- --------------------------------------------------------------- The information in this email is intended for informational purposes only and does not guarantee any results. There is a high degree of risk involved with trading. Nothing herein should be construed as an offer, or solicitation of an offer to buy or sell securities. You should always consult with a licensed securities professional before purchasing or selling securities. If you use, act upon or make decisions in reliance on information contained in this email or any external source linked within it, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. Please review our [privacy]( policy and [disclaimers](. You are receiving this email because you are subscribed to receive newsletters from a publication of Financial Media Marketing. You can click [here]( for a list of all our newsletter publications and ‘From Names’ from which you will receive emails. Contact info, 7322437 Canada Inc (Financial Media Marketing), 1771 Robson Street - 1479, Vancouver, BC V6G 1C9 If you no longer want to receive any email from us, you can remove yourself from ALL newsletters using [this form](. 7322437 Canada Inc (Financial Media Marketing), 1771 Robson Street - 1479, Vancouver, BC V6G 1C9, Canada You may [unsubscribe]( or [change your contact details]( at any time.