Can Elon Musk Make Tesla Stock More Valuable Than Nvidia With AI Products?
From Nasdaq: 2024-06-26 12:22:13
Nvidia, Apple, and Microsoft are vying for the title of the world’s biggest company, challenging Apple’s historical dominance. Elon Musk believes Tesla could be worth over $30 trillion in the future, potentially surpassing Nvidia. Musk’s bold predictions include Optimus humanoid adding $25 trillion to Tesla’s market cap. Despite skepticism, some analysts believe Tesla could eventually become the largest company globally. Musk’s claims, including achieving full autonomy, have faced scrutiny, but Tesla bulls remain optimistic about the company’s growth potential. While Tesla once surpassed Nvidia in market cap, it has since struggled to maintain its valuation amid challenges in delivery growth and margins. Tesla will need to deliver results to regain investor confidence and potentially become the world’s biggest company under Musk’s leadership.
Read more at Nasdaq: Can Elon Musk Make Tesla Stock More Valuable Than Nvidia With AI Products?