Tesla Inc: Currently trading at $347.32
Our team considers TSLA a strong buy with a price target of $500 by 2018.
The reasons for this:
Tesla is the most disruptive company since Apple. They are a Tech company that can have impact on the Automotive Sector, Global commodities, Artificial Intelligence, the information Data and Storage sector, and the global Energy Sector.
The Model 3 is set to be released in July of 2017 with a target of 500,000 cars annually. Tesla has passed Ford and GM to be the most valuable auto manufacture in the United States.
Autonomous vehicles and ride sharing are part of the future. Tesla is the safest car on the road. Everyday more data is being transmitted to Tesla servers on roads and peoples driving habits.
Tesla Charging stations are efficient and build brand loyalty. By the end of the year range anxiety will be a folk tale.
The Gigafactory is nearing completion which will have the largest footprint in square foot in the world. It will drive down the cost of lithium ion batteries. It will implement the latest robotics programed by Elon Musk. Also the factory will be the most advanced of our generation which will focus on integrated vertical manufacturing.
Tesla set the record for any product to be sold in one day with 232,000 Model 3 reservations.
The Tesla Semi truck will be unveiled in September. This sector is untapped and could rack in billions.
Elon Musk said the Tesla cars will be able to drive from CA to NY on auto pilot by the end of the year.
Tesla Solar Panels have made breakthroughs in technology by merging panels and tiles. The solar tiles are now sold out until 2018. The tiles have a infinite warranty and are nearly impossible to break.
The power wall storage is growing in popularity in countries such as Australia which is facing an energy crisis.
The Model Y is set to be released in 2019. This will be a compact SUV which are growing in popularity in the USA. Tesla also plans to unveil the Roadster, a sports car convertible.
India plans to electrify and go completely green by 2030.
China has a pollution crisis. It is speculated that the communist party of China could mandate that all cars need to be electric. This could be similar to the one child policy mandate.
Panasonic a key partner in Tesla Inc is fully committed to lithium batteries. They have plans to help Tesla build multiple gigafactories.
Tencent one of the largest companies in the world has a 5% stake in TSLA. We believe this trillion dollar Chinese company will increase their position.
Venture Capitalist Ron Baron has invested $300 Million and believes it will triple by 2020.
Chamath Palihapitiya, Social Capital founder & CEO supports Tesla Inc. He was a kay member on the Facebook team as well as a minority owner in the Golden State Warriors. He believes in investing in the 5 year convertible bonds.
Apple Co founder Steve Wozniak said he would bet on Tesla and Elon Musk on the next company to change the world.
We believe the hype around Elon Musk will continue to grow.
Space X plans to make internet free by sending satellites into orbit.
Elon Musk side project, the Boring company merges the hyperloop and ideas of solving traffic congestion by building toll roads on skates underground at speeds up to 120 mph.
Elon Musk company Neuralink wants to connect your brain to the internet.
Elon Musk is leading humanity to Mars.
Tesla Inc. is going to $500.