{"id":50528,"date":"2023-05-25T09:03:33","date_gmt":"2023-05-25T13:03:33","guid":{"rendered":"https:\/\/autosector.com\/?p=50528"},"modified":"2023-05-25T09:03:33","modified_gmt":"2023-05-25T13:03:33","slug":"analyst-predicts-tesla-stock-up-1030-percent-2027","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=50528","title":{"rendered":"Tesla Stock Could Surge 1,030% To $2,000 By 2027, Says Analyst"},"content":{"rendered":"

This article comes to us courtesy of\u00a0EVANNEX<\/a>, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at\u00a0InsideEVs<\/a>, nor have we been paid by\u00a0EVANNEX\u00a0to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of charge. Enjoy!<\/em><\/p>\n

Posted on<\/span>\u00a0EVANNEX on May 25, 2023,\u00a0by<\/span>\u00a0Peter McGuthrie<\/p>\n

Many\u00a0Tesla investors<\/a>\u00a0think that the automaker\u2019s future of autonomy could generate significant revenue. One analyst recently predicted that Tesla<\/a>\u2019s stock will surge in the coming years through the company\u2019s monetization of robotaxis, and the take even got the thumbs up from CEO Elon Musk<\/a> in recent weeks.<\/p>\n

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Above: A Tesla Model 3 (Image: Casey Murphy \/\u00a0EVANNEX<\/a>).<\/em><\/p>\n

Ark Invest head Cathie Wood says she expects Tesla\u2019s stock to jump 1,030 percent to $2,000 by 2027, much of which she attributes to the automaker\u2019s future robotaxi business, according to\u00a0The Motley Fool<\/em><\/a>. During Tesla\u2019s recent shareholder meeting, Musk also said that Wood\u2019s valuation model was the best analysis of robotaxis yet.<\/p>\n

Musk says the valuation of robotaxis would let Tesla sell cars at software margins, instead of the vehicles selling at the automaker\u2019s already-high margins for the auto industry. Since all of Tesla\u2019s vehicles are equipped with the hardware to use the company\u2019s Full Self-Driving<\/a>, the thought is that both vehicle owners and the company itself will be able to let the cars drive others and generate revenue while not in use.<\/p>\n

In time, Musk predicts FSD to generate “two or three times the original value, or sale value of the car, in robotaxi revenue.”<\/p>\n

Currently, Tesla\u2019s market capitalization sits at almost $570 billion, making the company worth as much as the next five most-valuable automakers combined. The automaker dominates the electric vehicle market, having held around a 24-percent market share of all\u00a0battery-electric vehicle<\/a>\u00a0sales in March. Behind Tesla, the next closest competitor holds just 15 percent of the BEV market share.<\/p>\n

Tesla is also preparing to build a new Gigafactory in Mexico, which is set to build a mass-market vehicle that\u2019s more affordable than its current cars and will also include the capacity for FSD. In the field of autonomy, Tesla is far ahead of competitors with significantly more Autopilot- and FSD-equipped vehicles than any other company. FSD beta testers also provide a significant amount of data to help teach the automaker\u2019s AI, and its move toward a mass-market vehicle could only continue to increase the number of cars using these systems.<\/p>\n

Three different potential outcomes have been detailed by Ark Invest with its 2027 valuation model. In a bear case, the firm expects Tesla to reach $1,400 per share by the same year, while it expects the stock to reach $2,500 in a bull case. Its intermediate outcome predicts Tesla to reach $2,000 per share, bringing in as much as $1.02 trillion in revenue by 2027, with about 44 percent of that coming from its robotaxi business.<\/p>\n

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It\u2019s not yet clear when Tesla will launch a ride-hailing program for its vehicles, and to be sure, the FSD beta still has a long way to go before reaching higher levels of autonomy. Still, Wood thinks Tesla could generate $4 trillion in revenue from robotaxis and a ride-hailing service by 2027, and as much as $9 trillion by 2030.<\/p>\n

At the time of writing, Tesla\u2019s stock is trading for $179.99 (-$0.15), down 0.08 percent in after-hours trading.<\/p>\n

Source:\u00a0The Motley Fool<\/em><\/a><\/p>\n

===<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

This article comes to us courtesy of\u00a0EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at\u00a0InsideEVs, nor have we been paid by\u00a0EVANNEX\u00a0to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/50528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50528"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/50528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50528"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}