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Tesla Could Touch $2 Trillion Market Cap By End Of 2025, Says Tech Bull: FSD, Robotaxis, And Cybercab 'Keys' For EV Giant

Benzinga LogoBenzinga11h ago

Tesla Could Touch $2 Trillion Market Cap By End Of 2025, Says Tech Bull: FSD, Robotaxis, And Cybercab 'Keys' For EV Giant - Benzinga

Quick Summary:

What Happened: “We believe with the autonomous story at Tesla worth $1 trillion alone that in a bull case scenario by the end of 2025, Tesla could achieve a $2 trillion market cap threshold,” Ives said.“FSD, autonomous, and the launch of Cybercab for early 2026 are keys for Tesla".

Wedbush Securities analyst Dan Ives sees EV giant Tesla Inc (NASDAQ:TSLA) achieving a $2 trillion market cap by 2025-end in a bull case scenario.

Wedbush currently has a $400 price target on Tesla with an “outperform” rating.

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Tesla Could Touch $2 Trillion Market Cap By End Of 2025, Says Tech Bull: FSD, Robotaxis, And Cybercab 'Keys' For EV Giant - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 10:25:46 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24374130

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Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

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News Last Updated: 10 hours ago

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Publisher ID: #53

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