Market Overview

Chowdhry On Tesla: GigaFactory Valued At $50 Billion

Share:
Chowdhry On Tesla: GigaFactory Valued At $50 Billion
Related TSLA
Has GM Quietly Taken The Lead In Autonomous Vehicles?
Lotteries Go Online: Lottery.com's CEO Talks About Changing The Lottery Industry Without Disrupting It
Facebook Cracks, Tesla Fails, But These 5 Market Areas Are Leading (Investor's Business Daily)

Global Equities Research's Trip Chowdhry commented on the increasing size of Tesla Motors Inc (NASDAQ: TSLA)'s Li-on cells (lithium batteries) and how they will increase production efficiency and Energy density. The increase in productivity will occur in Tesla's Nevada Gigafactory, which is subsidized by the state.

Chowdry noted the Nevada subsidies make sense if Tesla generates revenues of $100 Billion in 20 years, which he suggests to use as a data point to value the Nevada factory. Chowdhry valued the GigaFactory at $50 billion.

Furthermore, Tesla believes "in long-term...the split between Cars and Stationary batteries could be 1/2 and 1/2."

Latest Ratings for TSLA

DateFirmActionFromTo
Sep 2017JefferiesInitiates Coverage OnUnderperform
Sep 2017BarclaysMaintainsUnderweight
Sep 2017Deutsche BankMaintainsHold

View More Analyst Ratings for TSLA
View the Latest Analyst Ratings

Posted-In: Gigafactory Global Equities Research Trip ChowdryAnalyst Color Analyst Ratings Best of Benzinga

 

Related Articles (TSLA)

View Comments and Join the Discussion!
Loading...
Loading...