Elon Musk is taking SpaceX public
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Tesla faces sales ban in California
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“Elon Musk is now personally worth 7,400,000 BTC,” Burnett wrote, adding, “The fastest way for Elon to hit $1 trillion would be to begin buying BTC in size. And he can continue using that capital as collateral to build space and AI companies, while the collateral continues to appreciate measured in USD.”
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Is Elon Musk's Pay Package Really $1 Trillion? And What Could It Mean for Tesla's Stock?
Using Tesla's current shares outstanding (3.5 billion) and the market cap target suggests a share price of about $2,400. That's nearly 6 times the current share price, which is extremely ambitious. (Note that 424 million shares multiplied by $2,400 gets you to over $1 trillion.)
"Big Short" investor Michael Burry calls Tesla "ridiculously overvalued" while Elon Musk defends AI robotics as the solution to the debt crisis, spotlighting the two's contrarian views.
There was no shortage of news that tossed the stock around like a rag doll, but here are three of the biggest events of the year for Tesla and CEO Elon Musk. It was dubbed a bromance in the White House.
Elon Musk had jokes when Apple started hiring his former engineers—until he needed Apple to buy his company. It was classic Musk: flippant, cutting, and aimed directly at one of the most powerful companies on Earth.
Tesla shares closed at a record-high $489.88 on Tuesday, days after CEO Elon Musk announced the company had been testing driverless vehicles in Texas.