The DrivenThe stock marketplace is creating another significant re-appraisal of their possible worth of electrical automobile maker and electricity storage programmer Tesla, since it dawns on them that this corporation can’t be considered only a flash in the pan. Tesla, they admit, will be a very, very major company.Overnight, in important news, Morgan Stanley’s Adam Jonas, among the most respected car analysts on the current market, radically increased both his price goal and his bull situation evaluation for Tesla – only weeks after a previous upgrade.Jonas believes Tesla stock is now over-priced from the economy.The market has got the stock at about $US1,500 a talk along with Jonas’ honest value is currently $US1,050 a share (up from $US740). But besides dangers – most potently the breakdown from China-US connections, and flaws to autonomous driving – he sees enormous upside, therefore his bull situation evaluation is raised from $US2020 a share to $US2500.That sets a possible marketplace value of Tesla of greater than $US500 billion, or $A700 billion. And there’s no reason why it wouldn’t go farther towards $A1 trillion. That’s over every other car manufacturer in the world united. And why is straightforward: Jonas says it’s now obvious that the heritage auto manufacturers – despite their enormous talk and maintains – are still dragging their heels EVs.By 2030, Jonas now reckons, Tesla will be producing three million automobiles per year and bringing in earnings of over $US170 billion. And the remainder of the business will be trying hard to grab.“One year ago, we believed the legacy OEMs (car makers) would have had a far more advanced strategic position to pressure Tesla market share,” Jonas and his fellow analysts write.“However; Tesla has had, in our opinion, much more freedom to expand than we initially thought, with legacy OEM EV timelines 1 to 2 years further out than our initial expectations.”In summary, Big Automobile has seen the long run, made some fine speeches, delegated some funds, done some fairly marketing, then looked another way.And while they stumble across the rollout of the EV models – almost all them petrol and petrol lookalikes, and assorted kinds of hybrids – Tesla is moving ahead with radically different ideas that talk to quite a different future – believe Cybertruck, the Tesla Semi, the Roadster, and even a multipurpose van.To browse the complete version of the story – and see the picture gallery – on RenewEconomy’s electric car dedicated website, The Driven, click here…RenewEconomy and its sister websites One Step Away From The Grid and The Driven will continue to release during the Covid-19 catastrophe, posting fantastic news about technologies and job development, and holding authorities, regulators and company to account. But since the conference marketplace evaporates, and a few advertisers pull their budgets, readers will assist by making a voluntary contribution here in order to make sure we can continue to supply the service at no cost and to as broad an audience as you can. Thankyou for your service.