Warren Buffett: Be greedy when others are fearful & fearful when others are greedy

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According to CFRA vice president Garrett Nelson speaking to Fox Business, Tesla’s recent stock decline in 2024 is merely a long-awaited correction, and he predicts that its price will ultimately recover to $275. This projection suggests a potential upside of 68% from the closing price on Friday. Nelson pointed out that while the company’s shares have fallen by more than 35% since the beginning of the year, it’s a logical pullback considering the stock had doubled in value in 2023.

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