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Rev Up Your Investment Portfolio with Tesla Stock: Expert Analysis and Market Trends

Tesla Inc. has established itself as a household name recently and is now associated with innovation and electric vehicles. Tesla stock has emerged as a leader throughout the tectonic transition in the automotive sector towards sustainability, enthralling both investors and enthusiasts.

Latest News: Early on Monday, Tesla rose to its largest share price in just over a month thanks to an upgrade from Morgan Stanley that highlighted a non-vehicle revenue stream that could support a market valuation of more than $1 trillion for the Elon Musk-led company.

Major Facts

In early trade, Tesla stock rose over 7% to approximately $265, reaching its highest intraday record since August 1.

The increase follows a rating upgrade from hold to buy for the electric car company by analysts at Morgan Stanley, led by Adam Jonas, who also raised their price objective for the stock from $250 to $400.

The main driver of Morgan Stanley’s boost was its confidence in Tesla’s Dojo supercomputer, which Jonas predicted could increase the company’s enterprise value by much to $500 billion for Tesla, which has a market capitalization of currently around $800 billion.

According to Jonas, Tesla may “extend well beyond selling vehicles at a fixed price” with the assistance of Dojo, its artificial intelligence technical network that is primarily created to teach its self-driving cars using video data. Tesla can also become a dominant player in the lucrative software-as-a-service sector.

The price estimate set by Jonas and company, which projects that Tesla will reach its highest split-adjusted level since January 2022, is by far the highest among all analysts tracked by FactSet.

ESSENTIAL QUOTE

According to Jonas, “Dojo may have the potential to be the core of the ‘Muskonomy,'” including the aerospace and communications companies SpaceX and Tesla CEO Elon Musk’s social network venture X.

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IMPORTANT HORIZONS

Tesla Stock

Tesla will spend “well over” $1 billion over the next year building Dojo, Musk informed investors in July. “With Dojo, [Tesla] believes it will be able to have a supercomputer specifically designed for its image and video processing needs,” said Deutsche Bank analysts under the direction of Emmanuel Rosner in a letter to clients last week. With a year-to-date gain of more than 100%, Tesla stock is one of the top performers on the S&P 500 in 2023. Tesla is nevertheless down by almost 35% from its epidemic top.

In June, Jonas appeared to have changed his mind on the potential of Tesla’s AI, telling investors that “generative AI and autonomous driving still remain, in our view, two very different technological disciplines.” AI-exposed equities have dominated the market’s advances this year, with Nvidia leading the way with a rise of more than 200% that increased the company’s value to almost $1 trillion.

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What should the stock price be for Tesla?


Tesla Inc.’s (TSLA) fair value as of 2023-09-08 is 96.29 USD. Based on Peter Lynch’s Fair Value formula, this value was determined. The upside of Tesla Inc. is -61.3% at the current market price of 248.5 USD.

The predicted price of Tesla stock is how high?

Stock Price Prediction

The consensus price objective among the 35 analysts that are providing 12-month price projections for Tesla Inc. is 275.00, with a high estimate of 350.00 and a low estimate of 85.00. From the most recent price of 248,45, the median projection reflects a rise of +10.69%.

What will the price of Tesla stock be in 2040?


Tesla stock would be valued $1,847 in 2040 if it continued to increase at this average rate through that year. The price would be greater than four times the stock’s current record high of $407. Between its start in 1986 and 2022, the tech-heavy Nasdaq-100 index showed an average yearly return of 17.5%.

CRITICISM CHIEF

Dojo is the “primary place where Tesla stands to gain advantage from the recent advances in AI,” but making any money by offering the service to other companies is probably a “considerably long-dated opportunity,” according to a June report by Barclays analysts led by Dan Levy.

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