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

Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.
Aly Song | Reuters

(This story is for CNBC Pro subscribers only). 

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.