Elon Musk Says Tesla (TSLA) Will Pass 5 Largest Companies: Here's Why
Despite the stock’s rather difficult time over the last few weeks, its CEO has not lost hope. Indeed, Elon Musk has recently stated his belief that Tesla (TSLA) will eventually surpass the world’s five largest companies in worth. Yet, can its future products be enough to propel it beyond its current struggles? Tesla had underperformed in its most recent earnings report. Moreover, it looks to be one of the biggest companies affected by the ongoing geopolitical tensions. As US President Donald Trump institutes tariffs on North American nations, it places a lot of the company’s earning power into question. So, why is Musk still so optimistic? Source: Investopedia Also Read: Tesla (TSLA) Stock Keeps Falling: Are Trump’s Tariffs to Blame? Elon Musk Says Tesla Will be Worth More than Five Largest Companies Combined: But Why? Midway through Wednesday, Tesla shares had already fallen more than 2.51%. That has come to be indicative of the trend, as opposed to the exception. Thi...