With U.S. stocks grinding through the first quarter of 2014, many of the last year’s darlings have scuffled. One that hasn’t is Tesla Motors TSLA +1.15%, up more than 50% year-to-date and trading at more than $236. In a note Tuesday Goldman Sachs analysts upped their price target to $200 but said the stock could be worth anywhere from $66 to $478.

Goldman’s Patrick Archambault, whose price target has lagged Tesla’s dizzying rise, details three “disruptive outcomes” that could mean Tesla stock is still cheap at current prices, but each scenario requires ramp-ups in line with some legendary growth patterns.