Billionaire investor Ron Baron believes Tesla has the potential to hit “at least” $1 trillion in revenue in 10 years and continue to grow from there.
What will Tesla stock be worth in 5 years?
In May 2019, Ark Investment Management CEO Catherine Wood said that “Tesla should be valued somewhere between $700 and $4,000 in five years.” Recently, Ark published an update to its valuation model. It now expects TSLA to be worth $7,000 by 2024 in the base case.
Will Tesla increase in value?
Despite this, bullish financial analysts reckon Tesla’s value will surge higher still. ARK, which has long been one of the most bullish on Tesla’s potential, said it expected the shares would rise to $7,000 by 2024, which would give the firm a market capitalisation of $1.3tn.
What is the future of Tesla stock?
In 2020, Tesla expects to deliver more than 500,000 vehicles, up 36% from 2019. That’s a hefty growth rate, and if we assume a 30% production growth rate annually, by 2025, the company would be making 1.86 million vehicles.
How much will a Tesla cost in 2022?
It starts at $86,190 and can cost up to $106,190, depending on the number of options. That’s much more expensive than the roughly $37,000 average price tag for new cars in the United States, and more than double the price of Tesla’s much-anticipated Cybertruck, rumored to debut in 2022.