Good@Jasoncgs:$Tesla Motors(TSLA)$$Tesla(TSLA.US)$'s cumulative free cash flow could amount to $500 billion by roughly the end of the decade, an unprecedented amount in the auto industry -- or any other, for that matter. That's what was on the mind of one Tesla bull Tuesday. Analyst Pierre Ferragu also weighed in with his idea of what the electric vehicle maker should do with all that cash. Investors were feeling good Tuesday, too. Shares of Tesla were up 1.7%. The S&P 500 was flat and Nasdaq Composite was up 0.2%. Being a bull, Ferragu rates Tesla Buy. And he projects big numbers. His $1,580 price target is the highest tracked by Bloomberg by almost $100 and he values the company at about $1.6 trillion, more valuable than all U.S. companies except $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$. Microsoft and Apple are expected to generate free cash flow of about $100 billion and $115 billion a year on average for the coming three years. Those two companies, along with Google parent $Alphabet-C(GOOG.US)$, are the only three in the U.S. that could top Tesla's $500 billion between now and 2030 if Ferragu turns out to be correct.
$Tesla Motors(TSLA)$$Tesla(TSLA.US)$'s cumulative free cash flow could amount to $500 billion by roughly the end of the decade, an unprecedented amount in the auto industry -- or any other, for that matter. That's what was on the mind of one Tesla bull Tuesday. Analyst Pierre Ferragu also weighed in with his idea of what the electric vehicle maker should do with all that cash. Investors were feeling good Tuesday, too. Shares of Tesla were up 1.7%. The S&P 500 was flat and Nasdaq Composite was up 0.2%. Being a bull, Ferragu rates Tesla Buy. And he projects big numbers. His $1,580 price target is the highest tracked by Bloomberg by almost $100 and he values the company at about $1.6 trillion, more valuable than all U.S. companies except $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$. Microsoft and Apple are expected to generate free cash flow of about $100 billion and $115 billion a year on average for the coming three years. Those two companies, along with Google parent $Alphabet-C(GOOG.US)$, are the only three in the U.S. that could top Tesla's $500 billion between now and 2030 if Ferragu turns out to be correct.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.