Tesla Stock: A Decade of Hyper-Growth Ahead (TSLA)

TL;DR

New Street Research has raised their price target for Tesla stock to $578 per share, citing a potential 30-35% upside from the current stock price of $400-$435 per share.

Transcript

hey i'm stephen and this is solving the money problem if you're new welcome if you're not welcome back today we're talking about new street researchers recent upgrade to their tesla stock price target which is now a street high of 578 dollars per share as i'm recording this early morning on thursday tesla stocks around 400 435 dollars per share so ... Read More

Key Insights

• 🇦🇪 Tesla's addressable market already exceeds 20 million units, with potential for even greater expansion through future product releases.
• 🖤 The lack of credible competition in the electric vehicle market gives Tesla a significant advantage.
• ❓ Tesla has the potential for hyper growth and margin expansion in the next five years.
• 🪜 The energy storage opportunity represents a $750 billion addressable market for Tesla, adding to its potential growth.
• 😨 New Street Research predicts that Tesla will become the largest and most profitable premium car manufacturer by 2026.
• ⌛ Tesla's stock has the potential for a 50-100 times earnings multiple, similar to Amazon's stock performance.

Questions & Answers

Q: What is New Street Research's upgraded price target for Tesla stock?

New Street Research has set a price target of $578 per share for Tesla stock, which implies a potential 30-35% upside from the current price.

Q: What factors influenced New Street Research's decision to upgrade the price target?

The upgrade was based on a thorough analysis of Tesla's addressable market, the lack of credible competition, and the potential for hyper growth and margin expansion.

Q: How does New Street Research compare Tesla stock to Amazon stock?

The report draws parallels between Tesla and Amazon stock, projecting a 50-100 times earnings multiple for Tesla and a $1,200 stock price by 2025.

Q: What is Tesla's current addressable market?

Tesla's current addressable market is estimated to be over 20 million units, encompassing the entire premium segment, including sedans, SUVs, and the upcoming cyber truck.

Summary & Key Takeaways

• New Street Research has conducted extensive research on Tesla, leading them to upgrade their price target for the stock.

• The research highlights Tesla's addressable market of over 20 million units, the lack of credible competition, and the potential for hyper growth and margin expansion.

• The report also draws parallels between Tesla and Amazon stock, projecting a 50-100 times earnings multiple for Tesla and a $1,200 stock price by 2025.