Elon Musk claims Tesla could surpass the combined market value of Apple, Microsoft, Nvidia, Amazon, and Alphabet, reaching around $15 trillion. Despite a 30% stock drop due to poor first-quarter results, including a 13% decline in vehicle deliveries and an operating margin at a six-year low, Musk remains optimistic about Tesla’s future. He plans to launch an autonomous ride-sharing service in Austin by June, aiming for 99% market share in robotaxis, supported by data from Tesla’s extensive vehicle fleet. Analysts predict significant revenue growth from this venture, although the current valuation seems high given recent performance.
Can $50,000 Invested in Tesla Stock Make You a Millionaire? Elon Musk’s Answer May Shock You.
