---
title: "Can Opendoor Be Like Tesla? Eric Jackson Thinks So"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/260213905.md"
description: "Eric Jackson, a supporter of Opendoor Technologies, believes the U.S. housing market is poised for growth, contingent on interest rate cuts from the Federal Reserve. He sees an opportunity for Opendoor to assist distressed sellers with quick transactions, potentially capturing 10% of housing transactions, similar to Tesla's goal in the auto industry. Opendoor's stock (NASDAQ:OPEN) fell 1.72% to $9.29 in extended trading."
datetime: "2025-10-07T23:07:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260213905.md)
  - [en](https://longbridge.com/en/news/260213905.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260213905.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/260213905.md) | [繁體中文](https://longbridge.com/zh-HK/news/260213905.md)


# Can Opendoor Be Like Tesla? Eric Jackson Thinks So

**Eric Jackson**, outspoken supporter of **Opendoor Technologies, Inc.** (NASDAQ:OPEN), believes the U.S. housing market is ready to enter a new phase of growth.

-   _OPEN stock is moving._ _See the real-time price action here._

## **Opendoor’s Opportunity**

Jackson told Business Insider that he thinks the entire housing sector is showing early signs of renewal.

Jackson acknowledges that his outlook depends on additional interest rate cuts from the Federal Reserve, since the current 6% to 7% range for 30-year mortgages is "not sustainable."

“That’s not normal, I think we are due for reversion," Jackson said.

Jackson sees the current housing environment as an opportunity for Opendoor to capitalize on potentially distressed sellers who might need cash fast.

He said Opendoor's new leadership is aiming to reduce transaction times to as little as three days after an offer is accepted, offering quick liquidity to sellers.

## **10% of Housing Transactions?**

He believes that strategy could help Opendoor capture as much as 10% of total housing transactions over time — a goal he compares to **Tesla, Inc.**'s (NASDAQ:TSLA) ambition to reach 10% of global auto sales.

“That always was the goal for Tesla when they were getting started, to kind of go for 10% global market share,” he told Business Insider.

“I think with the right product, the right customer service, they \[Opendoor\] can get there,” he added.

**OPEN Price Action:** Opendoor stock slid 1.72% in Tuesday's extended trading after closing at $9.29 per share, according to data from Benzinga Pro.

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_Photo: Tada Images via Shutterstock_

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