Tesla will have $100 billion in revenue annually by 2025, JMP says

Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7.
Aly Song | Reuters

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Tesla will soon have the sales numbers to support its position as the world's most valuable car company by market cap, according to a new note from JMP Securities. 

The bank's analysts raised their price target on the stock in a new note, saying that the company was on track to generate $100 billion in revenue annually by 2025.