Prediction: 1 Stock Will Be Worth More Than Tesla 10 Years From Now

Electric vehicle maker Tesla (NASDAQ: TSLA) has taken Wall Street by storm in the past six years. Starting from a stock price of $17 and a $46.2 billion market cap in July, 2019, Elon Musk's empire made electric cars cool and expanded into a broader alternative energy business with a side gig in literal rocket science. Today, Tesla has a trillion-dollar market cap and a stock price of $332 per share. Early shareholders enjoyed a 1,830% return so far.However, Tesla doesn't dominate the newfangled category of electric vehicles anymore. Other carmakers have joined the eco-friendly transportation market, and Tesla's skyrocketing sales growth has fizzled out. At the same time, classic auto giant Toyota Motor (NYSE: TM) is adapting to the revamped car market, applying its decades of engineering know-how and ultraefficient operations to new issues.Tesla's market value is about five times Toyota's right now. Believe it or not, but I think Toyota will have a larger market footprint than Tesla again -- probably before 2035.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool