$Tesla Motors(TSLA)$ Investing in Tesla really comes down to having faith in Elon Musk’s ability to execute and in the strategic direction he’s laying out for the company. No doubt, it’s a high-risk play, especially given Tesla’s sky-high valuation multiples, which make the stock prone to big swings. That’s why I’m not going all-in with a *Strong Buy* rating, but I’m still very comfortable calling it a *Buy*.
I think Tesla has massive potential for long-term growth. The recent Republican trifecta is a big win for Tesla too — it could lead to favorable policy changes, especially around clean energy and electric vehicles. I’m bullish on Tesla hitting a $3.5 trillion enterprise value by November 2029. With Musk continuing to push the envelope on both innovation and market expansion, I think Tesla could more than live up to that lofty valuation in the coming years. So, while there’s certainly volatility in the short term, I see this as a solid long-term play that could pay off big.
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