Yes, they may not have the technology to match Tesla yet, but we cannot know for sure what the future holds. When those revenues do materialize, the businesses are likely to be loss making, much like TSLA's energy business has been thus far. On the other hand, the energy business should be profitable in the future. Our EstimateCombining our projections for Tesla's market share, margins, EV sales, and energy business, we estimate Tesla will grow net income at 20% per year. On the downside, a 2032 price of $500/share is possible if Tesla fails to innovate or loses market share.

Source: CNN June 03, 2022 15:06 UTC