Tesla could eventually reach a trillion-dollar valuation, think tank says [CNBC]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: CNBC
VIDEO 4:11 04:11 Tesla to $1 trillion? One think tank sees it getting there One think tank is toying with the possibility after the electric car maker crossed the $100 billion market-cap milestone. Shares of Tesla are up nearly 37% in the first three weeks of 2020 and are sitting at a $103 billion valuation. Eddie Yoon, founder of think tank EddieWouldGrow, laid out his bull case "" "The next milestone that I see happening is [Tesla becoming] the world's most valuable auto company," Yoon said. Toyota Motors "One of the things that I see is, in the U.S., if you own a Toyota, you are three times more likely to want a Tesla," Yoon said, citing his firm's research. "So, I think that's actually very bad news for Toyota in the near term and in the long run. And you can see that kind of bearing out in their sales." "What you're seeing is really every lineup that Tesla has is going after every major segment that Toyota has at a much higher purchase intent, and that's going to be bad news," Yo
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