Tesla Motors, you know- the electric car company. Yes, I believe they will become a $200B+ company. Obviously I could be wrong, but I’m probably not. In other words, worth more than Ford and GM put together as of today’s market cap. Or about 77x what it is worth today.

Why? It’s simple. Tesla has been hacking away at an alternative for oil or battery powered vehicles for a long time (since 2003), and they are definitely showing progress.

But more importantly, Elon Musk is running things.

Some people in the world think Tesla has no future, analysts project future growth, but I’m saying it will be a major player in the auto market.

All the skeptics need to understand the bigger problem (or industry) an entrepreneur is taking up, the longer it takes to succeed. Also, before Tesla went IPO, Elon poured everything he was worth into Tesla. This shows dedication, but in addition it shows that he won’t give up until he is satisfied.

He also co-founded PayPal. This shows two things. He’s “done” it and that things he’s worked on will live on for a significant amount of time to come. Referring back to my post on expecting a company to die when it is sold, PayPal would be one exception to that theory. This makes me think Tesla won’t disappear in the future.

Today is also the time for innovation. Tesla’s most expensive toy is north of $100k. When they introduce their next model it will be around $58k give or take a few, they say. And when they keep bringing out other models for normal price ranges, people will buy them. I’m willing to say they will also improve range on charges. Currently the roadster goes about 245 or so miles on a charge. Well, I’m going to make a bold statement and say in 5 years Tesla’s will start going 1000 miles on a single charge. I mean, just look at auto manufacturers from the past, fuel economy has increased as time passed. 

Oh and who really wants to pay $5.00 for a gallon of gas? It’s too much work.