Tesla is one of the phenomenal industries of the twenty-first century. Not only are they making a big difference in automobile technology, but they are also taking a significant share of the stock market. The agenda of the company, as well as past, current, and expected performance in the next few years, makes investors look forward to the future. However, economic downturns like inflation and the possibility of looming recession have also created a lot of pessimism on their side. What could a stock like Tesla Inc look like in the next five years? How could it perform? Will it make a bull or a bear? These are questions investors are curious to know. And in this video, we want to shed light and see what experts predict for Tesla stock by 2026. We do hope you will enjoy the ride.
The pandemic effects are well known to affect human livelihood, health, and the global economy. Eventually, it has made a new wave in the stock market now that things are back in place. This makes experts adjust their prediction based on previous data and information.
According to Cathie Wood, Tesla will take the highest percentage of the growing market of electric vehicles and as well more than 24 percent of the overall automobile market by 2026. This predicts amazing growth that sweetens the heart of investors for the company in the next five years. Cathie Wood also sees Tesla’s market cap going to almost five trillion dollars in the same time frame.
The stock price in 2010, when the stock went public, was just 17 dollars, and in the space of ten years, the stock went up to around seven hundred dollars which signifies incredible growth.
We can attribute the success to how the CEO, Musk’s innovative capacity, and management of the company coupled with how far the company has gone beyond other competitors in the EV market in terms of research, innovation, and development. People are very optimistic about the future and looking forward to new projects from Tesla, such as Artificial intelligence and cyber truck, among others. These innovations, met with the anticipation of the public, will put Tesla at the forefront of AI and other technologies and are believed to increase the company’s revenue, net profit, and stock price.
We have seen this happen before when Tesla stock rose from just a few dollars per share and, in the space of a decade, doubled and multiplied to where it’s today with the success of the electric vehicle innovation. If AI and other innovations from the company should bring the same wave, then the stock will experience another bearish season that will double investments in a few years to come.
This wasn’t just our prediction; Arc invest, led by Cathie Wood, also released an analysis that presumes Tesla stock price at above four thousand dollars by 2026. This was an update to their 2021 valuation, which they did based on the assumption that self-driving development might raise consumer interest and increase sales and prices since people value their time and are ready to pay to save it.
Even in a bear situation, Tesla is still expected to reach around 2900 in stock price by the next five years. Some other analysts also believe that Tesla stock can double, especially with the foreseen growth of the company. This reflects greener days for the company and the stock making investors and stakeholders glad about the future.
If Tesla is not able to successfully launch its Robotaxi and bring complete autonomous driving to the market by 2026, it can launch a human-driven ride over time and later concede to total autonomy. Whichever, there is still hope for growth.
According to Patrick Hummel, Tesla’s vertical integration of software, battery, and semiconductors coupled with the expansion of production with new Giga factories in Germany and Texas should lead to an increase in profit and growth in successive years. Many Wall Street analysts also believe that the company has higher potential over the long term.
Regardless of the current ups and downs of Tesla’s stocks, like any other stocks in the market, analysts still follow the stock, and investors are excited to buy in more as there is more hope of growth in company performance and, resultantly, the stock price with time.
All predictions are subjected to changes based on economic fluctuations that, of course, will affect company performance and stock prices. Nevertheless, we believe they are worth keeping in mind as they are given by experts who rely on diligent analysis and evaluation of available data, EV market, and stock motion coupled with their sound experiences.
If you love this blog, please give it a thumbs up and share it for other investors to have a grip on the future of Tesla investment. You can check out also these related posts on Tesla – how to get rich from Tesla stock investment. Kindly signup to our newsletter so you will have early access to new investment blogs on our platform. Now it’s time for questions. In your opinion, where do you think Tesla stock will be in the next five years? We’d love to see your answers in the comment section. Till we meet in our next blog, enjoy.
Recommended books for further reading:
- Intelligent Investor: The Definitive Book on Value Investing – A Book of Practical Counsel
- Stock Market Investing For Beginners: The Investment Guide – How to benefit from the crisis, invest in stocks and generate long-term passive income incl. ETF and Stock Picking Checklist
- The Financial Times Guide to Investing:The Definitive Companion to Investment and the Financial Markets: The Definitive Companion to Investment and the Financial Markets
- A Beginner’s Guide to the Stock Market: Everything You Need to Start Making Money Today
- The Barefoot Investor: The Only Money Guide You’ll Ever Need
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