Chit Chat Stocks

What Is Tesla Stock Worth Right Now? (TSLA)

Jun 12, 2024
Financial analyst Simon Erickson from 7investing discusses Tesla's valuation, Elon Musk's compensation, XAI Formation, future prospects, full self-driving subscriptions, robot taxi network, Elon's new company XAI, and empowering individual investors with stock market recommendations.
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INSIGHT

Tesla's Differentiators

  • Erickson believes the Model 2 and robo-taxi network will differentiate Tesla.
  • These will cater to both individual drivers and those seeking income generation through ride-sharing.
INSIGHT

Tesla Brand and Market Share

  • Erickson dismisses the idea of "Tesla fatigue," arguing that Tesla maintains a premium brand.
  • He projects Tesla holding a 16% market share of electric vehicles by 2030.
INSIGHT

Revenue and Margin Projections

  • Erickson projects Tesla's automotive revenue to reach $300 billion by 2040, with gross margins eventually reaching the low 30s.
  • He emphasizes the importance of full self-driving (FSD) subscriptions for higher margins and recurring revenue.
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