According to Barron's, Jefferies analysts Dan Dolev and Trevor Young came up with the huge figure by both looking at the global market and conducting a survey with 145 Tesla owners. The respondents reported being willing to pay 60 percent more for the company's vehicles. By extrapolating that number, the researchers figured that a $50,000 price for the upcoming Tesla Model 3 might grab some shoppers looking for a $35,000 car.
The survey also indicated an intense loyalty among Tesla owners, according to Barron's. Of those asked, 85 percent reported that their next vehicle would be a Tesla, and 83 percent would recommend one to friends. A quarter of them didn't even want even to consider models from other brands.
The global cap of 19 million cars is certainly an estimate. Although with Tesla's quarterly global deliveries still in the tens of thousands, if even roughly accurate, these figures still mean that the company has no worries about finding future sales. Maybe, it's a little too soon to sell that stock just yet.