What will Tesla stock be worth in 2028?
Tesla stock price stood at $166.63
According to the latest long-term forecast, Tesla price will hit $250 by the end of 2025 and then $350 by the end of 2027. Tesla will rise to $400 within the year of 2028, $500 in 2029, $600 in 2032 and $700 in 2035.
Tesla stock price stood at $166.63
According to the latest long-term forecast, Tesla price will hit $250 by the end of 2025 and then $350 by the end of 2027. Tesla will rise to $400 within the year of 2028, $500 in 2029, $600 in 2032 and $700 in 2035.
Tesla (TSLA) stock is down more than 30% so far in 2024, but Ark Invest CEO Cathie Wood thinks "now is not the time to run for the hills." In fact, Ark has been buying the stock and thinks it could rise to $2,000 per share in the next five years, representing an increase of more than 1,000% from today's levels.
And we haven't yet factored in perma-bull Cathie Wood of Ark Invest, who has set a base case 2027 target price of $2,000 on Tesla. Even her bear case target price is $1,400, while the bull case target price is $2,500.
Analyst Forecasts
Currently, 32 Wall Street analysts follow Tesla stock, and they have a consensus “buy” rating on the company. Their average 12-month price target is $207.30, marking a potential gain one year out of about 27%.
Average Price Target
Based on 35 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $196.72 with a high forecast of $320.00 and a low forecast of $23.53. The average price target represents a 18.06% change from the last price of $166.63.
If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year. If Apple does the same thing and grows its EPS at a CAGR of 10% from fiscal 2026 to fiscal 2030, it would be worth $5.2 trillion.
Wood valued Tesla at $2,000 a share in April 2023. That target was up from her 2022 update valuing Tesla stock at about $1,500. The lack of a 2024 target bump is one sign things aren't going as well as hoped.
The S&P 500 index had an average annual return of 11.8% between 1957 and 2021. If Tesla stock were to grow at this average rate until 2040, TSLA stock would be worth $1,541 in 2040. This would be more than 4x the stock's current all-time high price of $407.
on a frequent basis to provide recommendations along with target share price. 52 analysts offering 12-month price forecasts for Tesla, Inc. (TSLA) have a share price target of $197.14. This median of share price forecast represents a 12.15% upside from the latest price of $175.79 as on 31.03.
How much $10 000 invested in Tesla stock 10 years ago is worth now?
If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2.1 million now. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376.
How Much Has Tesla Grown in the Past 10 Years? As of March 28, 2024, the price of Tesla's stock was $175.79. Ten years ago, at market close on March 28, 2014, Tesla's stock was trading at $14.16 per share. This means that $10,000 invested in Tesla in March 2014 would be worth about $124,145 today.
The highest prediction stood at $430.33 while the lowest sat at $33.33. As for the Tesla long term forecast, Wallet Investor has estimated a Tesla 5 year forecast of $564.24 a share. Additionally, Gov Capital, another algorithm-based forecasting service, has a baseline Tesla stock 5-year forecast of $2,326.138.
The life expectancy of a Tesla car can vary, but many Tesla owners report their vehicles lasting well over a decade with proper maintenance. Tesla's battery and drive unit warranty usually spans 8 years or a specified mileage limit, which can offer a useful guideline.
Better still, Elon Musk, Tesla's CEO, claims every new Tesla battery should last between 300,000 and 500,000 miles. The U.S. Department of Energy uses 15,000 miles a year as its assumed standard range of annual driving for consumers, which would put Tesla's battery life at between 20 and 33 years.
Tesla Shares: A Fair Value Estimate
In 2024, we forecast Tesla will see a far slower growth rate, with deliveries increasing just 10% to a little under 2 million, from a little over 1.8 million in 2023. We forecast lower average selling prices, as it will likely have to cut prices in key markets like China.
The study found that Tesla owners tend to skew older with a median age of 48. Model S owners tend to be the oldest with a median age of 55, while Model Y owners have the youngest median age of 47. As a result, most Tesla drivers can count themselves as members of Generation X — individuals born between 1965 and 1980.
At the end of the day, you will likely end up saving money by owning a Tesla. Fuel savings alone can be immense, especially with recent gas prices exceeding an average of $4 per gallon. The average Tesla owner also spends only $282 per year on maintenance, which is significantly lower than most gas-powered vehicles.
With 2023 in the rearview mirror, analyst consensus now has 2024 Tesla earnings below 2023's level, signaling another year of negative growth for this growth stock. Wall Street expects Tesla earnings per share of just $2.97 a share in 2024, according to FactSet.
Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be a around a 5% decline vs. last year's $3.12. That was a 23% decline vs. 2022. Analyst project a solid increase in 2025 to $4.13 a share.
Is Tesla stock a buy sell or hold?
Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 45 buy ratings, 33 hold ratings, and 15 sell ratings.
Average Price Target
Based on 34 Wall Street analysts offering 12 month price targets for Tesla in the last 3 months. The average price target is $207.05 with a high forecast of $320.00 and a low forecast of $23.53. The average price target represents a 22.33% change from the last price of $169.25.
Tesla's 2024 stock plunge is no more than an overdue correction, and its price will eventually rebound to $275, CFRA vice president Garrett Nelson told Fox Business. That forecast implies 68% upside from Friday's close.
Bullish Tesla investors also point out that the company's revenue growth beyond 2024 is expected to surpass all of the Magnificent Seven other than Nvidia Corp. Its earnings are also projected to bounce back in 2025 after dropping this year, and will be climbing at a faster pace than most other mega-caps.
When it comes to the Tesla stock price prediction for 2050, Tesla stock would be trading at $4,700 in 2050 if it were to grow at the same 11.8% average rate as the S&P 500. If TSLA were to grow at the same rate as the Nasdaq 100's 17.5% average annual return, it would be worth $18,900 by 2050.
