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Analyst: Tesla's demand is much higher than expected, and his market capitalization is expected to reach 10 trillion US dollars.

Shulou Source: shulou.com Published: 2023-11-24 10:24:10 11月06日 Update

September 1 news, according to foreign media reports, Wall Street New Street Research analyst Pierre Ferragu, after visiting Tesla's Berlin super factory, said that Tesla's current demand far exceeded expectations.

Recently, Tesla decided to raise the price of some of his electric vehicles, but the market demand does not seem to be affected by the price rise. Tesla said that during this period, demand for electric vehicles has soared in other parts of the world, particularly in the United States.

"Tesla is facing unprecedented demand. Everyone believes that Tesla's current demand is far higher than expected a few years ago," Ferragu said in a report to customers. Electric vehicles are so popular that for Tesla and his competitors, market share will mainly depend on the ability to increase production capacity. "

After visiting the Berlin factory, Ferragu also said that he was impressed by the efficiency of Tesla's Berlin super factory, which is significantly more efficient than the Tesla factory in Fremont.

Tesla's shares are currently worth about $275. However, as demand grew unprecedentedly, Ferragu made a bold forecast, targeting Tesla's share price at $530. In addition to the stock value, Tesla's market capitalization is expected to reach $10 trillion by 2030 if he achieves his target of producing 20 million electric vehicles a year, he said.

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