Tesla is going to be the new king in the industrial world. The famous investor, Gary Black, predicted that Tesla’s market cap can go as high as $4 trillion by 2030. According to Black’s calculations, Electric vehicles will be more popular by 2030.
In general, he is very optimistic and counts on a massive adoption of electric vehicles around the world.
Tesla’s market share will reach 21%. That means it will be crowned on the throne of the manufacturer of high-end electric vehicles.
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Black also said that the production and deliveries of Tesla will explode. 85 million, is the number of the sales of global light-electric vehicles should reach per year. 10 million of them will be Tesla’s vehicles.
Due to the improvement in technologies related to batteries, Tesla’s operating margin will jump from 14.1% in 2021 to 26.1% in 2030. In addition to a significant height in the automaker’s adjusted earnings per share (EPS) in less than 10 years. Which will fly from $6.79 in 2021 to $100, according to Black calculates.
Wedbush analyst Daniel Ives wrote, “The Berlin factory establishes a major beachhead for Tesla in Europe with potential to expand this factory to production of ~500K vehicles annually with Model Y front and center over the coming 12 to 18 months.” He added that “Berlin Gigafactory will help solve the bottlenecks of production for Tesla globally.”