Tesla Inc TSLA

Consumer Cyclical Auto Manufacturers

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.

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Tesla Inc > Cathie Wood's Prediction for Tesla in 2029

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Post by Bertandersonon Sep 08, 2024 4:34pm

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Cathie Wood's Prediction for Tesla in 2029

Wood's case for her $2,600 price target largely revolves around Tesla's robotaxi business, which she predicts will account for 63% of Tesla's revenue and 86% of its earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2029.

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