| No matter what data related to electric vehicles (EVs) you pick, they all show a similar pattern: Interest in EVs has increased over the last decade, but it’s done so exponentially within the last couple of years. 
Source—EV volumes If we compare this industry growth to Tesla's market cap, it almost looks as if they track one another. Is that a coincidence? Not at all. Being the first mover has its advantages, and Tesla is reaping the benefits, with some calling for a $4 trillion dollar valuation before the end of the decade. 
Tesla’s odds of becoming the first $4 trillion-dollar company Tesla currently engulfs a market cap of approximately $792 billion dollars. That already ranks as the 6th largest publicly traded company by market cap, but it’s still below the trillion-dollar high seen back in November when shares moved to over $1,200 each. With about 1 billion shares outstanding, the stock price would need to rise to just about $4,000 in order to capture that $4 trillion dollar flag, an almost 5x increase from its current levels. That’s a big move, but given enough time, it’s considered plausible. Gary Black, co-founder of The Future Fund, manages an ETF that well, as you could deduce, invests in companies it anticipates will shape the future, and Tesla is one of those companies. Black, like many, anticipates that EVs will grow increasingly popular over the next decade, estimating the company will reach 60% market penetration by 2030. They also expect Elon’s company will make up 10 of 85 million units sold per year in that same time frame and that margins will take off alongside the growth (14.1% to 26.1% by 2030), bumping Tesla’s EPS from $6.79 to $100 by the new decade. Head and tailwinds of getting there That’s a lot of prognosticating and some very specific numbers, almost prophetic enough to make you wary. So, let’s even it out a little bit and take a look at some of the biggest obstacles and the tailwinds facing Tesla and the EV industry going forward. - Headwind: Acceptance. EVs are eating up much higher percentages of new car sales in countries aside from the U.S. Although progress is progress, the U.S. is slower to adopt EVs than Europe and others across the pond, and this could temporarily, but not permanently, dampen the growth domestically.
- Headwind: Electric grid. Estimates suggest that if every American switched to an EV today, we’d use 25% more power than we do presently, and utilities companies would undoubtedly have to add to and upgrade their infrastructure to handle this consistently. There’s also the problem with a lack of necessary charging stations to “refuel” these EVs. Right now, the U.S has 113,600 charging stations, which is 18.5 EVs for each station, and estimates presume we’ll need a lot more by 2030 to support the flood of new EVs.
- Tailwind: Trends. Electric vehicles are trendy and this is undoubtedly contributing to their growth. A budding trend with a lot of room to grow can go a long way in any industry, and is contributing heavily to the 24% compound annual growth rate (CAGR) in this one.
Google Trends Search for Search Term: EVs 
Source: Google Trends Search (2004 to present, worldwide) - Tailwind: Innovation. Progress is inevitable. The invention of the modern automobile and combustion engines was somewhat revolutionary and life-changing for a while, but everything has a successor, and no matter how well classic cars have served us, eventually their time comes to an end. The near inevitably of this fact alone is a big growth indicator here, and really helps bolster the bullish case for Tesla and other EVs.
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