Google Bard predicts Tesla’s shares price by the end of the year
It's a growing trend that we seek answers and solutions from generative artificial intelligence like Google Bard and ChatGTP.
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Google Bard, Alphabet’s own generative AI product that has demonstrated a vast range of abilities, including predicting future market trends in the stock market.
In this regard, Finbold tapped Bard on Monday (May 29) to predict the potential price of Tesla stock by the end of 2023. The AI tool was quite bullish on TSLA, citing several factors that it believes could propel its stock price in the second half of the year. Specifically, Bard said it believes Tesla’s shares are likely to “trade between $200 and $300 per share by the end of the year.”
Factors for a bullish Tesla stock
After commenting on the potential price level, Bard listed several factors that could impact Tesla’s stock price in 2023.
Factors for a bullish Tesla stock
After commenting on the potential price level, Bard listed several factors that could impact Tesla’s stock price in 2023.
Primarily, the chatbot said it expects the global demand for electric vehicles (EVs) to continue growing this year, adding that Tesla is well-positioned to capture a significant share of this market, thanks to its strong brand and a broad EV lineup. In addition, the world’s largest EV maker continues to invest heavily in new technologies, Bard said, such as self-driving and batteries.
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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