Tesla Stock Prediction: Tesla’s Future Tailwind From Electric Motorcycles

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Tesla remains the leader in electric cars. Two or three years from now, I expect Tesla to also lead in high-end electric motorcycles.
  • Car vendor Honda is selling more than 19 million units of regular motorcycles per year. Honda has upcoming electric motorcycles.
  • More than 130 million units of motorcycles are sold annually. Almost 109 million of them sold in the Asia Pacific Region.
  • It is faster to assemble Tesla electric motorcycles than cars and trucks. Tesla can improve its bottom line by the quicker turnaround of selling motorcycles.
  • TSLA has a very bullish one-year forecast from I Know First. It might be wise to load up on this stock while it trades below $370.

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