How much will Tesla stock be by 2030?
He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.
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.
Put differently, while some experts expect the stock price to be cut nearly in half, others foresee TSLA doubling from current 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.
Tesla stock's average annual return for the past ten years has been around 40%. If this average annual return were to continue until 2040, Tesla stock would reach a price of $101,597.
Projections for the TSLA rate in 2025 vary significantly among analysts, with estimates ranging from a stock price above $300 to $3,000 per share. These projections are based on various factors and assumptions, including Tesla's market performance, EBITDA margins, and the broader electric vehicle market.
This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.
So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.
It's unlikely Tesla's returns going forward will come anywhere near resembling the last five years. So, investors shouldn't expect a $1,000 price per share by the end of the decade.
Year | Median Price Prediction | Potential Low |
---|---|---|
2024 | $216 | $183 |
2025 | $237 | $199 |
2026 | $298 | $271 |
2030 | $561 | $460 |
The manager of the Baron Focused Growth Fund expects Tesla's stock to reach $1,200 by 2030, up 550% from current levels, citing its strong brand. Tesla and Musk's privately held SpaceX were the fund's largest holdings as of December 31.
How much will Tesla stock be worth in 2050?
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.
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 $184.86 with a high forecast of $310.00 and a low forecast of $22.86. The average price target represents a 17.66% change from the last price of $157.11.
Years Old | Depreciation | Residual Value |
---|---|---|
7 | $32,572 | 45.01% |
8 | $37,340 | 36.96% |
9 | $40,959 | 30.85% |
10 | $43,328 | 26.85% |
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.
To reach $500 by 2025, Tesla needs to just about double from these price levels. Given the kind of returns that it has delivered in the past – including the 743% rise in 2020 – the price level does not seem unreasonably astronomical, and could be achieved if Tesla delivers on the 50% shipment growth and FSD.
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.
Historical daily share price chart and data for Tesla since 2010 adjusted for splits and dividends. The latest closing stock price for Tesla as of April 19, 2024 is 147.05. The all-time high Tesla stock closing price was 409.97 on November 04, 2021.
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%.
As Tesla is a high-growth stock, entering a phase of slower growth may lead to its shares falling out of favour. That said, the firm is setting itself up for longer-term growth through the development of the new affordable sport utility vehicle.
However, as noted, things have turned south since then. Check out the above chart and you'll see that if you invested $1,000 in NFLX stock 20 years ago – and did not sell at the peak – today you would be sitting on not quite $139,000. That's still a terrific return, of course.
How long will it take for an $1000 investment to double in size when invested at the rate of 8% per year?
The result is the number of years, approximately, it'll take for your money to double. For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.
Discount Rate | Present Value | Future Value |
---|---|---|
5% | $1,000 | $2,653.30 |
6% | $1,000 | $3,207.14 |
7% | $1,000 | $3,869.68 |
8% | $1,000 | $4,660.96 |
Tesla (TSLA) stock is angling lower in 2024, falling around 30% as analysts project 2024 vehicle deliveries could undercut last year's total with profit forecasts continuing to fall ahead of first-quarter earnings.
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 46 buy ratings, 32 hold ratings, and 15 sell ratings.
The slump has lopped more than $760 billion from its market value since the November 2021 peak. The drop has been triggered in part by aggressive EV price cuts, narrowing profit margins and a strategy shift that looks to prioritize self-driving technologies over traditional car production in the coming years.
References
- https://caredge.com/tesla/model-y/depreciation
- https://www.cnbctv18.com/market/tesla-share-price-fund-manager-expects-1200-target-by-2030-elon-musk-18903261.htm
- https://markets.businessinsider.com/stocks/tsla-stock
- https://www.investors.com/news/is-tesla-stock-a-buy-or-a-sell-right-now-as-elon-musk-teases-cybertruck/
- https://finance.yahoo.com/news/much-had-invest-tesla-10-230031124.html
- https://www.morningstar.co.uk/uk/news/245557/should-i-buy-tesla-shares-post-earnings.aspx
- https://coincodex.com/article/24588/tesla-stock-price-prediction-2040-2050/
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- https://finance.yahoo.com/news/invested-1000-netflix-decade-ago-133004497.html
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- https://www.macrotrends.net/stocks/charts/TSLA/tesla/stock-price-history
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- https://www.kiplinger.com/invested-1000-in-netflix-nflx-stock-worth-how-much-now
- https://www.techopedia.com/investing/apple-stock-forecast
- https://tools.carboncollective.co/future-value/1000-in-20-years/