Jumped 13%+ just ONE day！Will Tesla be worth $2 trillion this year?
$Tesla Motors(TSLA)$ Shares of Tesla Inc. (TSLA) surged more than 13% on the first trading day of 2022 after the electric car maker announced a surge in 2021 deliveries. That raises a question: Can it top $2 trillion this year?
Tesla shares closed Monday at $1,199.78, up to $143 a share. As of press time, the stock was trading at $1,209.97. It was slightly lower than its record close of $1,229.91, Set in early November. The S&P 500 was recently up about 0.4%.
I predict Tesla will hit a $2 trillion market capitalization in near the future. At that point, Tesla shares will hit $2,500. Here's why：
- First, the fourth quarter delivery results showcase Tesla's scalability within the electric vehicle (EV) landscape. In EV-land, it's Tesla's world, and everyone else is paying rent at this point. It all comes down to scale, and in this quarter, Tesla definitely flexed their muscle.
- Second, we see massive tailwinds for the company as the China market continues to grow, and new factories near Berlin and Austin come online.
- As Elon Musk said, it's not that difficult to design an EV. It's a lot more difficult to mass-produce an EV profitably. I think that's going to be the challenge that many new entrants, like Rivian$Rivian Automotive, Inc.(RIVN)$, LCID$Lucid Group Inc(LCID)$ and others, will continue to face. So I don't think there's likely to be another company just like Tesla. Instead, the traditional automakers will shift their powertrain and start producing more and more EVs to the point where EVs make up the majority of their sales in a relatively quick time frame within this decade.
Tesla was fifth on the list of companies whose stocks made the biggest contributions to the S&P 500's 2021 total return, which includes dividends. Only Microsoft$Microsoft(MSFT)$ , Alphabet$Alphabet(GOOG)$ , Apple$Apple(AAPL)$ and Nvidia$NVIDIA Corp(NVDA)$ contributed more.
Tesla hit $1 trillion in valuation for the first time in October of last year. Monday's Share-price gain built upon a 50% advance for the stock in 2021.
How much do you think tesla will go up this year?
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- EDMUNDTT·2022-01-04will going up to 60%?3Report
- tamira·2022-01-12Good positive thoughts. I was just wondering why Elon Musk and Cathy Wood sold their stocks in Tesla more persistently? ThanksLikeReport
- RonaldSTH·2022-01-06Careful. You could be dancing with the wolves. Don't get eaten up.2Report
- PaYC·2022-01-06Tesla bulls say the stock will split in q2 or 3. So that the stock is accessible to more people1Report
- riserr·2022-01-07can try on small amounts and wait see1Report
- Piggyfamily·2022-01-05It is more likely to drop than to hit USD2 trillion market cap…1Report
- Ninja888·2022-01-042T this year, 3T in 2023 & 5T in 2025.LikeReport
- Patek1975·2022-01-04Tesla to the moon1Report
- JoanneTan·2022-01-04Tesla to the moon!2Report
- JoanneTan·2022-01-04Great ariticle, would you like to share it?2Report
- 韦韦韦·2022-01-04👍LikeReport
- LHC0511·2022-01-04wowLikeReport
- kohhc·2022-01-04good.1Report