Elon Musk stated over the weekend that Tesla Motors' market capitalization could one day reach $100 trillion, though achieving such a milestone would require immense effort and significant investment. This remark came in response to investor speculation that such a staggering figure could be attainable if his various business ventures were to be integrated.
Currently, Tesla Motors boasts a market cap of $1.5 trillion. Reaching $100 trillion would necessitate a 65-fold increase. This goal extends beyond merely selling electric vehicles. Musk also aims to deploy autonomous robotaxis on roads, utilize humanoid robots in factories, and expand energy storage and manufacturing operations.
Musk wrote on X, "Obviously, achieving such an outcome requires an immense amount of hard work and a great deal of luck! I'm just saying it's not completely impossible."
The central question is whether these ambitious plans can be realized. Reports from last December indicated that when Tesla's market cap hit $1.5 trillion, its stock surge was largely fueled by excitement over autonomous driving and artificial intelligence, rather than actual vehicle sales. Wedbush Securities analyst Dan Ives referred to 2026 as a "breakout year for Tesla," anticipating the dawn of the autonomous driving era.
Cathie Wood's ARK Investment Management forecasts that the robotaxi market alone could reach $10 trillion by 2030. Meanwhile, Morgan Stanley and Citigroup estimate that humanoid robots could create a market worth $5 trillion to $7 trillion. Musk has previously stated that Tesla plans to produce 10,000 Optimus robots per month within five years, potentially generating $30 billion in annual revenue.
Cathie Wood believes the convergence of Musk's companies provides a unique advantage. She noted that Tesla possesses exclusive data from roads, Neuralink offers biological data, and X provides real-time human conversation data. Integrating these datasets could create unparalleled artificial intelligence capabilities.
Wood said, "I think the ultimate market cap will be $100 trillion. I believe it will happen because technological convergence is driving this. I think Tesla is the frontrunner to achieve this."