Zhitong
2024.10.10 09:42

On the eve of Tesla's Robotaxi launch, analysts believe its valuation could reach $4.7 trillion

Pierre Ferragu, Chief Analyst at New Street Research, released a report on Wednesday. Assuming Tesla fails to launch a self-driving taxi service, its baseline valuation is $1.4 trillion; if Tesla dominates the self-driving taxi market in a limited competition scenario, its optimistic valuation is $4.7 trillion. Tesla's current market value is approximately $770 billion