Is Tesla Motors Inc (TSLA) The New Apple Inc. (AAPL)?

investTesla Motor Inc’s (NASDAQ:TSLA) Elon Musk is maybe the next Steve Jobs from Apple Inc. (NASDAQ:AAPL). Elon Musk is maybe the next Henry Ford. Elon Musk is maybe the next… Maytag Repairman?

That’s how Goldman Sachs analyst Patrick Archambault is looking at the founder of Tesla. That isn’t to say he thinks Musk will be as lonely as the Maytag Repairman. Rather, Goldman believes Tesla may be viewed in the future as disruptive technology, revolutionary mass-produced vehicle, or transformative consumer product.

But, those are only three possibilities out of five, according to Goldman. The other two is the company will continue as they previously expected or else fail. Assigning weights to all five possibilities and projecting results for the next ten years in each scenario gets Goldman to value Tesla’s automotive business at $180 per share.

Related:  Complete List Of ETFs That Hold Apple Inc. (AAPL)

Related: Complete List Of ETFs That Hold “Tesla Motors (TSLA)

Jim Cramer calls Goldman’s report “hilarious” and believes only one scenario is most likely. “Tesla’s the new Apple,” says Cramer on CNBC’s Squawk on The Street.  “Tesla is the new Apple,” Cramer said on “ Squawk on the Street .” “We have to focus on Tesla. … This is all people are going to be talking about.”

Watch the video below for more details:

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