Tesla is undoubtedly one of the most successful big companies in 2020. If the company just misses its target of 500,000 vehicles with 499,550 vehicles, it remains anecdotal to say the least, and growth is still high on the agenda. -She. As a result, the number of customers who received a vehicle from the company over the past year increased by 36%.
This good shape is also evident in terms of market capitalization. From that point of view, the numbers are puzzling as Tesla is now worth $ 800 billion, which is almost the entire automotive sector combined. While the stock was valued at around $ 100 a year ago, it is now over $ 850. This enabled Elon Musk to become the richest man in the world. He owns 20% of total Tesla shares, which is nearly $ 160 billion today.
Joe Biden’s green plan could help Tesla
According to Daniel Ives, a financial analyst at Wedbush, the outlook for Tesla remains largely positive. He estimates company valuation could exceed $ 2 trillion in a year or two. He is very optimistic that the company could deliver up to 800,000 vehicles by 2021. To achieve this, the company would particularly rely on its gigafactory in Shanghai.
The choice of Joe Biden would also be a real opportunity for Tesla. The expert believes that his green recovery program should give preference to the Elon Musk company’s electric models. To better prepare for the future, we can also expect the entire range of the company to turn to new technologies for batteries and autonomous systems. The mysterious and much discussed cybertruck could also be launched in 2021.