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Well, if you're predicting a $2 trillion market cap by 2028, where will AAPL and MSFT be by then? Both of those companies are already around $1.5 trillion, so it's doubtful that even IF TSLA hit $2T by 2028 (I find that unlikely) that AAPL and MSFT would both still be bigger. I believe AMZN and GOOG are in the over $1T club as well.
Well, if you're predicting a $2 trillion market cap by 2028, where will AAPL and MSFT be by then? Both of those companies are already around $1.5 trillion, so it's doubtful that even IF TSLA hit $2T by 2028 (I find that unlikely) that AAPL and MSFT would both still be bigger. I believe AMZN and GOOG are in the over $1T club as well.
A 10% growth rather 2020-2028 would put one or both 1.5 trillion dollar companies at 3 trillion plus to your point
The possibility of Tesla breaking even in this quarter even with the shutdown and challenging economic environment. Although the leaked email about the Elon pushing deliveries because they are so close to break even is questionable in authenticity. Also if Tesla manages to break even then they will be included into the S&P500 and many index funds have to buy TSLA to mirror the index thus pushing demand for shares higher.
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Originally Posted by blahblahyoutoo
why the sudden rise in price? did they announce new battery tech? i thought battery day was postponed.
When General Motors ruled the automotive world they were the main game in the world. In 1965 they were just shy of $17B in sales and were over $1.7B in profits. Exxon trailed them at over $10B and $1B in revenue and profits, respectively. Automotive was the top of the food chain and the companies following were other automakers, the supply chain or gasoline companies. Auto was king.
The highest tech concern was IBM, at $3.2B and $431M in revenues/sales.
If Tesla can scale and become the dominant player, they are in the right industry. They arguably have the best product at the moment, but how long do they stay there? When Toyota first exported their vehicles, they weren't better, but they were cheaper. As Tesla does things like launch their new pickup soon, they'll be running directly into things like Ford's new F-Series hybrid that promises 500 miles a tank. Can they win in the area to dominate enough to take the high margin vehicles? Time will tell. The stakes are huge though.
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