Tesla Motors (NASDAQ:TSLA) CEO Elon Musk has some ambitious aspirations for the electric-car maker. His aspirations for an affordable car, in particular, have received a lot of attention. Given the company's execution so far, it seems likely that Musk can deliver on his promise at some point in the future -- but is this car already priced into the stock?
Fool contributor Daniel Sparks explains in the following video that the affordable car is priced into Tesla's stock -- but only to a degree. In a previous article, he explained that the company could generate as much as $880 million in operating income if it met the goals Musk has laid out. But now a recent report form Bloomberg shows signs that the company may be aiming even higher.
Fool contributor Daniel Sparks owns shares of Apple and Tesla Motors. The Motley Fool recommends and owns shares of Amazon.com, Apple, Facebook, Google, and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.