Tesla Stock Predictions: Why Tesla Is Now The Most Valuable U.S. Car Company

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

Tesla Stock Predictions

Summary:
  • In spite of its money-losing business operations, Tesla’s market cap of $58.9 billion makes it the most valuable U.S. car firm.
  • The release of the budget-friendly Model 3 only fortified the already-strong investor optimism over Tesla’s future growth potential.
  • The Model 3 is Tesla’s ticket to becoming a real producer of mass-market cars. Tesla cannot remain as a luxury car maker forever. It needs to become a people’s car vendor.
  • Elon Musk’s revelation that Tesla also has an upcoming long-haul electric truck further strengthens the bull case.
  • I I Know First still has positive near and long-term algorithmic forecast for TSLA. This stock could hit $400 before 2017 ends.

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