Tesla's Path to a $2 Trillion Market Value by 2025
Shares of Tesla (NASDAQ: TSLA) have shed 26% of their value year to date. It's partly because of a broader sell-off linked to unfriendly macroeconomic conditions and company-related issues like supply chain restraints and factory shutdowns, which have halted production in recent quarters. The electric vehicle (EV) leader eclipsed a market capitalization north of $1 trillion at the end of 2021, but it now carries a market value of around $842 billion.
As long-term investors, however, we should be less concerned about short-term noise and more focused on the long-term trajectory of a business. That said, with the global EV market set to expand at a compound annual growth rate (CAGR) of 18.2% through 2030, according to Allied Market Research, Tesla looks to be advantageously positioned to capitalize on the rising trend.
Let's examine the EV juggernaut's current situation and discuss its potential path to a $2 trillion market value by 2025.
Source Fool.com
