One possible future is that Tesla execute perfectly but their stock still underperforms the market.
In 20 years Tesla may produce more cars than Toyota. They may have self-driving AI that is safer than any other. They may provide more taxi rides than Uber. But the total market for new cars may be half what it is today because no-one will own cars in future.
In 20 years Tesla may produce more cars than Toyota. They may have self-driving AI that is safer than any other. They may provide more taxi rides than Uber. But the total market for new cars may be half what it is today because no-one will own cars in future.