Part 4/10:
Despite differing assumptions, both projections reflect a shared optimism about Tesla’s growth and profitability. Notably, Black emphasizes that these estimates exclude the potential impacts of full self-driving technology and additional business segments, which could significantly boost valuation.
Market Cap and Valuation Scenarios
Under Black's assumptions:
Market Cap: Around $4.5 trillion by 2030, equating to roughly 7x Tesla’s current valuation.
Vehicle Deliveries: About 10 million annually, supported by Tesla's current guidance and comparable industry giants like Toyota and Volkswagen.
Average Price per Vehicle: Approximately $64,000 with gross margins near 33%, reflecting Tesla’s evolving product mix and technological advancements.