Tesla (TLSA) Could End the New Decade at $4000 - Analyst

Long-time Tesla (NASDAQ: TSLA) bull Trip Chowdhry of Global Equities Research set a 2030 price target on the electric vehicle maker of $4000, or nearly 10x the current price.

Chowdhry said the new decade will belong to "technology conglomerates" Tesla, Google (NASDAQ: GOOGL), and GE (NYSE: GE). The analyst said 'technology conglomerates' are those companies having technologies in multiple-industries and are intelligently interlacing and fusing these technologies together to create breakthrough products and disrupting industries.

"Breakthrough products from technology conglomerates GE, TSLA and GOOGL will spur a very strong global demand for their products, thus accelerating revenues and expanding margins," Chowdhry commented.

In addition to the aggressive decade-end price target he set on Tesla, Chowdhry set a 2030 price target of $120 per share for GE and $4000 for Google.

Providing a few examples of how Tesla is interlacing and fusing technologies together, the analyst highlighted:

Technologies created in TSLA's Solar Power Generation Creates a Formidable TSLA's Supercharging Global Network

• 1,636 Supercharger Stations, with 14,497 Superchargers
• Some Supercharging stations can charge 100 miles in 7 minutes
• No Startup, or a VC, has the mental capacity, capital, passion or an aptitude to build At-Scale Supercharging Network

Technologies created in TSLA's Battery creates Breakthrough TSLA Vehicles and TSLA Energy Storage Products

• CyberTruck has a top range of >500 miles at a Price less than $70,000
• PowerWalls for Home Energy Backup and PowerPacks for Utility Energy Backup
• No Startup, or a VC, has the mental capacity, capital, passion or an aptitude to build At-Scale Battery Technologies

Technologies created for Space travel creates Breakthrough Material "EXOSKELETON"

• TSLA's EXOSKELETON is Ultra-Hard 30X Cold-Rolled Stainless-Steel Structural Skin, which makes it bullet proof
• TSLA's CyberTruck is built with an exterior shell made of EXOSKELETON
• No Startup, or a VC, has the mental capacity, capital, passion or an aptitude to build a Material Science company

Technologies created for Full Self Driving creates Breakthrough FSD (Full Self Driving) Chip and NPU (Neural Networks Processing Unit)

• TSLA has Hydra Nets, used for Object Detection, Object Depth, Object Layout etc.
• TSLA has Fully Integrated Hardware for FSD (Full Self Driving) + NPU Neural Network Processing Unit
• TSLA has complete control over the "Full Life Cycle" of Deep Neural Network Models

While the analyst is positive on Tesla, Google, and GE he said Uber (NYSE: UBER), Lyft (NASDAQ: LYFT) and Peleton (NASDAQ: PTON) are on 'life support' and will end up being "zombie companies" like 3D Systems (NYSE: DDD) and Groupon (NASDAQ: GRPN).

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