From Nasdaq: 2025-05-04 03:45:00

Tesla stock (NASDAQ: TSLA) has fallen 30% year to date, ranking among the worst in the S&P 500. CEO Elon Musk predicts Tesla could become the most valuable company in the world, potentially surpassing the next top five companies combined. With Tesla’s current market value at $879 billion, a 17-fold return could mean $50,000 invested today could be worth $850,000 in the future.

Despite Tesla’s dismal financial results, Musk shared plans for an autonomous ride-sharing service in Austin by June and thousands of autonomous robots in its factories this year. Musk believes autonomous vehicles and humanoid robots will drive Tesla’s success.

Alphabet’s Waymo leads in autonomous ride-sharing, but Tesla could catch up with advantages in data collection and cost-effective technology. Musk is confident Tesla will dominate the market with robotaxis and expects significant financial gains by next year. Analysts estimate Tesla could have 900,000 robotaxis on the road by 2035, generating over $84 billion in revenue.

While Tesla’s valuation may seem high, Wall Street predicts strong earnings growth due to autonomous driving and robots. Investors must consider Tesla’s disruptive potential in global markets before investing. For those who believe in Musk’s vision, owning a position in Tesla could be a lucrative opportunity.



Read more at Nasdaq: Can $50,000 Invested in Tesla Stock Make You a Millionaire? Elon Musk’s Answer May Shock You.