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7 Stocks Changing the World—and Making Investors Wealthy - 2 of 7

 
 

#2 - Tesla (NASDAQ:TSLA)

When investors look at Tesla Inc. (NASDAQ: TSLA), it’s important for them to put aside their personal feelings for Elon Musk. And if they can, the stock’s prospects look far more favorable.  

Yes, Tesla is losing EV market share in China and Europe. But it’s worth remembering that the EV market wouldn’t be what it is today without Tesla. The company didn’t invent electric vehicles, but it did make them mainstream—paving the way for a global shift away from fossil fuels and toward cleaner transportation.

And Tesla is not sitting on its lead. It has ambitious plans for autonomous driving via its Full Self-Driving (FSD) system, which incorporates AI and machine learning into its vision-first approach that believes autonomous vehicles should navigate and see the world like humans.  

Plus, Tesla is more than a car company. For example, it is heavily involved in energy storage, solar technology, and robotics. At this time, these segments may not account for much of the company’s approximately $100 billion in annual revenue, but they speak to a bigger mission: accelerating the world’s transition to sustainable energy. 



About Tesla

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. More about Tesla
Current Price
$241.17
Consensus Rating
Hold
Ratings Breakdown
22 Buy Ratings, 9 Hold Ratings, 8 Sell Ratings.
Consensus Price Target
$292.18 (21.2% Upside)