Elon Musk Thinks Tesla Can Reach $4 Trillion Valuation

Electrek2023-11-03

Elon Musk believes that Tesla (TSLA) can reach a $4 trillion valuation if they “knock the ball out of the park” a few times.The CEO has often commented on the potential market capitalization of Tesla....

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Comments

AdamAniQAzem
2023-11-03
AdamAniQAzem
BUT his credibility is still on the minds of investors.
Guavaxf30
2023-11-03
Guavaxf30
He needs to talk up the price of Tesla in order to pay for his personal folly with Twitter/X.
King19
2023-11-03
King19
Everyone would say they sell the best durians to justify their absurd selling price...
Kobeba
2023-11-03
Kobeba
How can Tesla at $600 M currently? Error?
JP24
2023-11-03
JP24
Lol.. don't make me laugh.. it can't even remain above 1 trillion and he is expecting 4 trillion.. he needs to reduce his car prices in order to sell..
AndyYap
2023-11-03
AndyYap
Yea from 300 to 218 can reach 4 trillion

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The NASDAQ is up 20% over the same period:Lately, the stock has been frustrating Tesla investors with a 17% drop over just the last month.Recently, Ron Baron, hedge fund manager and long-time Tesla investor, went on MarketWatch to reiterate his vision that Tesla would become a $4 trillion company.He believes that Tesla will achieve that by becoming a battery company:“In the case of Tesla, we are convinced that people cannot do what they’re doing and that, ultimately, it’s not just going to be a car company and it’s not just going to be a battery company. All the other car companies, which 50 years ago, elected to become much more profitable and outsource supplies and compute to other people. We’re going to be like Intel was inside of computers. This is going to be Tesla inside of cars. All the cars are going to be using Tesla autonomous driving. No one else can possibly compete.”Musk commented on the idea that Tesla could become a $4 trillion company – agreeing, but adding that it would need to “knock the ball out of the park several times”:“We do need to knock the ball out of the park several times to achieve that value, but I think we can.”Tesla is currently valued at over $600 million.Electrek’s Take$4 trillion sounds ridiculous, and it very well might be, but most people said the same thing about Tesla being worth $100 billion, and it is worth $600 billion today.As for knocking it out of the park, Tesla has certainly done it with the Model Y. The vehicle is as big of a success as it gets.I assume that Musk means that Tesla will have to do that again with the next-generation vehicles and Full Self-Driving.Those are big ifs.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":237454547034320,"gmtCreate":1699008046938,"gmtModify":1699008050974,"author":{"id":"4093486654879930","authorId":"4093486654879930","name":"AdamAniQAzem","avatar":"https://community-static.tradeup.com/news/31958a5ea6c26b273b1d7367c72a0674","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4093486654879930","authorIdStr":"4093486654879930"},"htmlText":"BUT his credibility is still on the minds of investors.","listText":"BUT his credibility is still on the minds of investors.","text":"BUT his credibility is still on the minds of investors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237454547034320","repostId":2380395295,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":237414289027272,"gmtCreate":1698998169360,"gmtModify":1698998795263,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"He needs to talk up the price of Tesla in order to pay for his personal folly with Twitter/X.&nbsp;","listText":"He needs to talk up the price of Tesla in order to pay for his personal folly with Twitter/X.&nbsp;","text":"He needs to talk up the price of Tesla in order to pay for his personal folly with Twitter/X.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237414289027272","repostId":2380395295,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":237413071900784,"gmtCreate":1698997892288,"gmtModify":1698997896313,"author":{"id":"4088135301967120","authorId":"4088135301967120","name":"King19","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4088135301967120","authorIdStr":"4088135301967120"},"htmlText":"Everyone would say they sell the best durians&nbsp;to justify their absurd selling price...&nbsp;","listText":"Everyone would say they sell the best durians&nbsp;to justify their absurd selling price...&nbsp;","text":"Everyone would say they sell the best durians to justify their absurd selling price...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237413071900784","repostId":2380395295,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":237413145411720,"gmtCreate":1698997747446,"gmtModify":1698997752199,"author":{"id":"4108081253060460","authorId":"4108081253060460","name":"Kobeba","avatar":"https://community-static.tradeup.com/news/d4b9f427a8190f4903e580a059f12ef3","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4108081253060460","authorIdStr":"4108081253060460"},"htmlText":"How can Tesla at $600 M currently? Error?","listText":"How can Tesla at $600 M currently? Error?","text":"How can Tesla at $600 M currently? Error?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237413145411720","repostId":2380395295,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":237412767838272,"gmtCreate":1698997653165,"gmtModify":1698997657746,"author":{"id":"3575712158925738","authorId":"3575712158925738","name":"JP24","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575712158925738","authorIdStr":"3575712158925738"},"htmlText":"Lol.. don't make me laugh.. it can't even remain above 1 trillion and he is expecting 4 trillion.. he needs to reduce his car prices in order to sell..","listText":"Lol.. don't make me laugh.. it can't even remain above 1 trillion and he is expecting 4 trillion.. he needs to reduce his car prices in order to sell..","text":"Lol.. don't make me laugh.. it can't even remain above 1 trillion and he is expecting 4 trillion.. he needs to reduce his car prices in order to sell..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237412767838272","repostId":2380395295,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":237412371456120,"gmtCreate":1698997558381,"gmtModify":1698997562362,"author":{"id":"3576584858752959","authorId":"3576584858752959","name":"AndyYap","avatar":"https://community-static.tradeup.com/news/d06be1e99c9889930d281d2bf1b55e78","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576584858752959","authorIdStr":"3576584858752959"},"htmlText":"Yea from 300 to 218 can reach 4 trillion","listText":"Yea from 300 to 218 can reach 4 trillion","text":"Yea from 300 to 218 can reach 4 trillion","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237412371456120","repostId":2380395295,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":7,"repostSize":6,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2380395295"}