Where Will Tesla Stock Be in 5 Years?
Yahoo Finance ·
Tesla ( TSLA 0.65% ) shares have had a magnificent run since their initial public offering in 2010. But over the past half-decade, they have only risen by 69% (as of June 26). The S&P 500 index, by comparison, has generated a total return of 85%. Investors might be thrown off by the electric vehicle company's underperformance. There is chatter about a merger between Tesla and Space Exploration Technologies . Assuming this potentially massive deal doesn't go through, where will Tesla's shares be in five years? In 2025, Tesla's automotive revenue of $69.5 billion accounted for 73% of the company's entire top line. Founder and CEO Elon Musk wants the business to evolve from one-time sales like this. Tesla continues to develop its artificial intelligence capabilities in hopes of creating a major impact on the physical world.
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