Elon Musk's Tesla on its way to $1 trillion market value

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The maker of the Model 3 sedan — the top-selling electric car worldwide — is poised to be the second fastest company ever to reach this mark

“Tesla is the leader in EV manufacturing, batteries and autonomy,” Morgan Stanley analyst Adam Jonas wrote in a note on Monday. “Tesla also has a suite of enabling technologies and other businesses that would allow the company to be an auto and energy champion in the long run.”Article content

The push toward electrifying all modes of transportation — especially cars, trucks, buses and vans — has rapidly intensified this year, with governments pledging to find solutions for the climate-change crisis. “The outlook for EV adoption is getting much brighter, due to a combination of more policy support, further improvements in battery density and cost, more charging infrastructure being built, and rising commitments from automakers,” Bloomberg New Energy Finance noted in a September report. BNEF estimated that passenger EV sales will increase sharply in the next few years, reaching 14 million in 2025 compared with 3.1 million in 2020.

 

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Shoooooooort

Tesla is growing as fast as it possibly can, however it still cannot keep up with the demand for electric vehicles.

Personally I am still believing that Tesla is the next Siemens.

we need huge investors to bring in Hydrogen infrastructure. we need more large scale nuclear plants. we need to plant some serious trees. we need to retrofit buildings with better insulation and efficient HVAC systems. we need to fine people for litter again

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