TSLA hit an all-time high of $409.97 on November 4, 2021, with a market cap of $1.2 trillion.
Since that day, Tesla has achieved a lot:
- Production of more than 6 million vehicles.
- $30.7 billion in cash on hand.
- Production and India Reach 1.81 Million Units In 2023.
- Revenue hit $96.8 billion (2023) vs.
(2021) - Q2 2024 non-automotive segment gross profit of $900 million.
- 1.6 billion miles on FSD.
- The Model Y has become a global best-selling vehicle with over 1.2 million deliveries.
- Cybertruck is currently a best-selling EV truck with 1,400 units per week.
- Improving Cybertruck’s profitability by the end of 2024.
- Major advances in AI technology, including Tesla’s hardware development and dojo training systems.
- AI training computing capacity is expected to reach nearly 90,000 H100 equivalent GPUs by the end of the year. Currently, 35,000 of them.
- Record energy distribution of 9.4 GWh in Q2 2024, growth of 157% Y/Y. Tesla Energy is growing at an unprecedented rate.
- Construction of the Shanghai Megapack plant is underway and cell production is expected to begin in Q1 2025.
- Optimus 2nd generation working inside the factory.
- S3XY Hits Most Sales Of U.S. Cars
- Expand sales to more countries
- More than 400,000 FSD users
- FSD beta v12.5 with an end-to-end architecture.
- FSD V12 free trial – first time ever.
- Production will begin in Giga Texas in 2025 using the next-generation platform, the unboxing method.
- Model 3 Refresh worldwide release.
- Tesla Semi Production and Delivery.
- Giga Nevada Semi Plant Begins Construction.
- The commercial is in progress.
- Next Generation Roadster Production Plan for 2025.
- Production of more than 50 million 4680 cells
- Construction of the Texas Lithium Refinery is underway and production is expected to begin in 2025.
- Verification test is in progress for dry cathode 4680 cell.
- More than 600,000 Powerwall installations worldwide
- SAE J3400 Becomes NACS
- 6,000 supercharged stations and 60,000 superchargers installed
- Open global supercharger network to all electric vehicles.
- V4 Supercharger.
Tesla currently has a market cap of $716 billion. Tesla’s stock is undervalued given its recent performance and enormous future potential from real-world AI and robotics leaders.
● Twenty-one years is if the stock has been pumped into everyone’s expectations and greed… now everything is done and paying off
Why it shouldn’t be compared to a regular legacy car company, and it still doesn’t have to convince anyone who talks