Apple current market cap $2.4 Trillion, Saudi Aramco mkt cap $2.3 Trillion, Tesla currently $670 Billion, so TSLA needs to go up 7x assuming Apple and Saudi Aramco stay the same https://www.forbes.com/sites/qai/2022/10/20/elon-musk-tesla-could-be-worth-more-than-apple-and-saudi-aramco-combined-as-q3-revenue-target-misses/amp/
😂😂😂
With the shit musk keeps doing, it seems unlikely.
Probably in a few weeks, right after FSD is released to everyone. Colonized mars the week after that.
Elon says a lot of things.
It's a long term plan - 2. Make SpaceX rockets to travel to Mars. A. Setup a human colony there by 2020. c. Start selling Tesla to both humans and martians. iii. Have a monopoly on the entire planet.
Martians aren't human if they move to Mars?
Already behind schedule on this plan, classic Elon.
Elon is a fraud. Don’t take him seriously. Even we don’t take him seriously here
Are u ok?
Simple.. apple and aramco will fall in value by a lot and Tesla would still continue to grow.
Wow, really. You must’ve put all your money in Tesla right
If he keeps his Twitter posting boring, maybe.
@AMD, mind referring?
He keeps posting random stuff and he makes investors and the markets nervous. You need some stability, not constant random tweets.
This will be fun when the acq completes and he’s just racking up fines from statements like this.
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It has to go 7X with 50B revenue( 2021) is the key factor but anything can happen in stock market Apple revenue = 360B ( 2021) - 2.4T market cap Saudi Armaco revenue = 360B (2021) -- 2.3T market cap Toyota revenue = 256B ( 2021) --- 184B market cap Tesla revenue = 53B ( 2021) --- 670B market cap
It’s not just about revenue, margins matter and Apple has 25% net margin. Tesla will need 2x more revenue for the same earnings as Apple.
Which is tough because some lunatics buy a new iPhone every year; this isn’t economically feasible for cars.