3 Stocks Bound to Surpass Tesla’s Value by 2034

Vladimir Popescu
Source: Watcher Guru

Three stocks to overtake Tesla (TSLA) have emerged: Berkshire Hathaway, Broadcom, and Eli Lilly. These market-leading companies now have values between $760 billion and $1.01 trillion. Their high-growth stocks show strong signs of passing Tesla’s market value by 2034.

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The Future Leaders: Stocks Set to Outshine Tesla’s Growth Path

Source: Mint

1. Berkshire Hathaway: The Steady Giant

Berkshire Hathaway stands out among stocks to overtake Tesla. It matches Tesla’s $1.01 trillion value today. The company holds $325 billion in cash. Its success in insurance, energy, and railroads makes it one of the top long-term investments.

Berkshire grows steadily through the smart buying of other companies. This approach differs from Tesla’s up-and-down growth pattern. Its consistent growth places it as a reliable stock to overtake Tesla.

2. Broadcom: The AI Powerhouse

Broadcom’s worth hit $810 billion. It leads the pack of high-growth stocks in tech. The company creates disruptive innovation through AI equipment and special computer chips. Many market-leading companies now use AI tech, pushing Broadcom as a potential stock to overtake tech giants like Tesla.

Broadcom’s PEG ratio sits at 1.22, while Tesla’s is 9.42. This gap points to better growth ahead for Broadcom.

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3. Eli Lilly: The Healthcare Pioneer

Eli Lilly stands strong among disruptive innovation stocks with its $760 billion value. Its drugs, Mounjaro and Zepbound, brought in $11 billion in nine months of 2024. Experts say Mounjaro alone could make $34 billion yearly by 2029. These numbers place Eli Lilly firmly among the top long-term investments in healthcare, leading some to believe it is one of the stocks to surpass Tesla’s market value.

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These market-leading companies each take their own path past Tesla’s value. Tesla faces tough competition in electric cars and self-driving tech. Meanwhile, these three stocks show strong advantages in their markets and room to grow even more, making them likely competitors in the race to overtake Tesla.