Big Growth For Tesla - Goldman Sachs Forecast
Goldman Sachs Forecasts Tesla Sales Could Double GMs Source: Tesla CEO Elon Musk 15 Million Car Sales a Year by 2040 Goldman Sachs is forecasting that Tesla will sell 15 million cars per year by 2040. That would be double the size of GM sales. Last year, Tesla sold 368,000 cars. Not only did Goldman increase the sales forecast. It upped its forecast for Tesla financials and its share price target for Tesla to $780/per share. That would be the highest share price on Wall Street and Tesla is already the most valuable automaker. Innovation Pays Goldman says if Tesla maintains its 15 to high 20s% market share range in the electric vehicle market, it could be selling 15 million cars a year by 2040. Goldman is forecasting that Tesla will maintain its leadership in the EV market because of two key reasons: Tesla offers a full ecosystem of products to consumers including solar roofing systems for homes that also provide energy to charge your car, fast