Part 6/10:
Most importantly, these estimates do not yet include:
Full self-driving (FSD) capabilities
Tesla Energy and battery divisions
Robotaxi services
This conservative approach suggests that actual future valuation could be even higher.
Fundamental Drivers: From Production to Profit
EV Adoption Rate and Market Share
Black forecasts that by 2030, 60% of global vehicle sales will be electric vehicles (EVs), with Tesla capturing approximately 20% of this market share. Given the anticipated growth in EV demand, Tesla’s scale-up in vehicle deliveries and technological advancements will drive profits.