Musk: Tesla Motors Reaching $30 Trillion Market Cap "Extremely Difficult but Not Impossible"

Deep News

Yesterday

An X user shared a video of Musk's previous remarks, suggesting that Tesla Motors' market value could potentially reach $25-30 trillion in the future.

The user wrote: "This is 8 times Microsoft's current market cap. Do you believe him?"

Musk responded: "Extremely difficult, but not impossible."

In July this year, Musk participated online in a Tesla Motors fan event where he stated that if the company could successfully execute its ambitious plans in humanoid robots "Optimus" and autonomous driving, the company's valuation could reach $25-30 trillion, which would be 20 to 30 times its current market value.

At Tesla Motors' shareholder meeting last June, Musk had boldly predicted: "Tesla Motors' future market value could potentially be ten times that of today's most valuable global enterprise."

Given that Apple and Microsoft's market capitalizations exceeded $3 trillion at that time, Musk's remarks suggested that Tesla Motors' future market value could surpass $30 trillion.

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