Tesla Motors Inc
In a research report, the analyst stated that Tesla's always "on" Home is well positioned to tackle the large market of "global digital citizens." In the United States alone, there are about 125 million households, approximately 63 percent of household occupants of whom live in a home (rather than apartment, condominium, etc.), implying a total addressable market of 78 million households.
Chowdhry continued that approximately 10 percent of these 78 million households are considered "first class Digital Citizens" who have an "insatiable urge always to remain connected to the Internet and they feel just naked without it." As such, the analyst's conservative estimate at a price tag of $5,500 a piece represents a $44 billion opportunity.
The global market for Powerwall 2.0 is twice the size of the United States, which is $88 billion, although Tesla is initially going to target just the U.S. and U.K. markets.
Chwodhry is among one of the few Wall Street analysts who
|Oct 2016||Axiom Capital||Upgrades||Sell||Hold|
|Aug 2016||Raymond James||Downgrades||Strong Buy||Market Perform|
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