From Yahoo Finance: 2025-04-27 13:50:00

Tesla stock has seen a 30% drop this year and remains expensive on a price-to-sales basis. Analysts predict only 8.6% sales growth for 2026 due to a lack of new models. However, a $25,000 autonomous Cybercab could be on the way, potentially boosting sales and valuation significantly.

Elon Musk’s growth strategy for Tesla involves developing luxury EVs to fund more affordable models. A $25,000 autonomous Cybercab may be in the works, signaling a new phase of growth for the company. Tesla plans to pilot its robotaxi service in Texas this summer, with millions of autonomous Teslas expected to operate by next year.

Investing in Tesla now could lead to significant gains in the long term, especially with the potential launch of a $25,000 autonomous vehicle and a robotaxi service. While the stock is currently trading at a premium, patient investors may see their portfolios reach the $1 million mark over time.

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Read more at Yahoo Finance: Can Tesla Stock Help Make You a Millionaire?