Tesla ATH Pushes Musk Net Worth to $400 Bln! Is The New Era Beginning?
Elon Musk's net worth has hit $400 billion, making him the first person to ever reach this milestone, according to Bloomberg.
His wealth recently increased by almost $20 billion after a deal boosted the value of his rocket company, SpaceX, to about $350 billion.
Short sellers are taking heavy losses—could a short squeeze be imminent?
$Tesla Motors(TSLA)$ hit an all-time high of$424 on Wednesday. Shortsellers suffer much as Tesla has risen about 30% in the past 30 days.
Good news keeps coming one after another.
$Tesla Motors(TSLA)$ sold an impressive 21,900 electric vehicles in the first week of December, marking its highest weekly sales since Q4 2024.
At the same time, Tesla has been frequently releasing updates on the development of its humanoid robot. Musk claims that Optimus represents a multi-trillion-dollar opportunity for the company. Analysts predict that the market size for humanoid robots could reach $7 trillion by 2050.
At a Deutsche Bank investor conference, Tesla announced plans to launch the entry-level Model Q in early 2025. After subsidies, the car will be priced under $30,000 in North America.
Could Musk’s net worth reach $1 trillion?
Currently, no one has even reached $300 billion, but Musk seems the most likely candidate to become the first trillionaire.
Musk has founded seven major companies and currently serves as CEO of six of them:
Tesla: $1.33 trillion
SpaceX: $350 billion
xAI: $50 billion
X: $12 billion
Neuralink: $8 billion
The Boring Company: $7 billion
Are you bullish on Tesla after it hits all-time-high?
Time to pullback or head to $450, $500?
Would you take profit or keep holding?
Will Musk become the first trillionaire?
Leave your comments and also post to win tiger coins~
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Today, Tesla holds 20% of the global EV market and expands into energy storage and robotics. Despite price cuts, its margins remain competitive due to scale. The Cybertruck launch and AI-driven Optimus robots signal growth in high-margin sectors.
However, valuation concerns persist, with Tesla trading at 60x forward earnings. Competition and rising battery costs could slow growth.
Tesla’s innovation and market leadership justify bullish sentiment, but cautious optimism is wise amid high expectations.
在一筆交易將他的火箭公司SpaceX的價值推高至約3500億美元后,他的財富最近增加了近200億美元。
$特斯拉(TSLA)$12月第一週電動汽車銷量達到21,900輛,令人印象深刻,創下2024年第四季度以來的最高周銷量。
與此同時,特斯拉一直在頻繁發佈其人形機器人開發的最新消息。馬斯克聲稱,擎天柱對公司來說代表着數萬億美元的機會。分析師預測,人形機器人的市場規模可能達到到2050年將達到7萬億美元。
Even with strong earnings, high EV demand, and AI advancements, I doubt Elon can be trillionaire. wealth is market sentiment driven and anytime his overall standing can just change especially considering the potential market challenges ahead like geopolitical risk.
Tesla has been frequently releasing updates on the development of its humanoid robot. Musk claims that Optimus represents a multi-trillion-dollar opportunity for the company. Analysts predict that the market size for humanoid robots could reach $7 trillion by 2050.
@Aqa @Universe宇宙 @rL @HelenJanet @GoodLife99 @LMSunshine @koolgal @Shyon @SPACE ROCKET @TigerGPT
Are you bullish on Tesla after it hits all-time-high?
Time to pullback or head to $450, $500?
Would you take profit or keep holding?
Will Musk become the first trillionaire?
Leave your comments and also post to win tiger coins~
With these prospects in mind, I’m holding my long position in Tesla. While I believe the company’s growth trajectory will continue, I also plan to lock in some profits if the stock price pulls back. It’s important to stay flexible, but I have a strong conviction in its future potential. Musk’s ability to scale these new technologies could make him the world’s first trillionaire, and I want to be part of that journey.
@Tiger_comments @TigerStars @Tiger_comments @TigerGPT
🌟🌟🌟Tesla $Tesla Motors(TSLA)$ share price is sizzling hot as it is on a tear since Donald Trump was elected as President. Tesla has risen by 10.8% in the past 5 days and since November it is up 26%.
There are good news all round for Tesla. First up Tesla's year todate China EV registration has turned positive in Q3 24 and are now up 8% compared to previous year quarter. Tesla sold 78, 856 EVs in November compared to 65,504 EVs in the same month last year.
Tesla is also releasing its low cost model with a price tag of USD 30,000 in Q1 25. Then there is the Optimus humanoid robot project plus the launch of Robotaxi in 2025.
However at the last closing price of USD 418.10, I believe that Tesla is overpriced. Tesla's P/E ratio is 114. In contrast $Alphabet(GOOGL)$ P/E ratio is 25 while $NVIDIA Corp(NVDA)$ P/E ratio is 54.
So at this high level, I believe that the Tesla is becoming overextended. The stock is now more than 70% above its 200 day moving average. Even Cathy Wood has been selling Tesla's shares recently. So it is best to proceed with care when it comes to investing in Tesla.
Elon Musk is undoubtedly the world's richest person now with a personal fortune of USD 400 billion. This is a historic first time anyone has reached that level.
@Tiger_comments @TigerStars