My question for TSLA bulls is how much of that future is already priced in? I have a hard time believing that it will 10x again.
The goal is to sell 20M vehicles in 2030. They sold 0.93 in 2021. They are planning on Insurance,Energy,AI each to more than 10x.
P/E is 40 currently. Historically very large companies have had P/E between 4-30. So the question is what is Tesla's earnings in 2030 and what will average P/E be across all large companies.
The best option I see following a similar path is TSLA. They currently have 2% of us auto sales. The energy business is tiny, AI/FSD is controversial, but if it works it will be worth a lot.