February 11, 2015

Elon Musk suggests that Tesla could reach current Apple level market cap of $700 billion in 2025

Elon Musk said Tesla’s revenue this year could grow to $6 billion, from $3.2 billion in 2014. Elon predicted the 2025 market-cap of Tesla would reach $700 billion, IF 50 percent annual revenue growth and a price-to-equity ratio for the stock of 20 is assumed.

Tesla Motors missed fourth-quarter sales targets and analysts’ profit expectations, but Chief Executive Officer Elon Musk on Wednesday said by 2025 Tesla’s growth trajectory could take its market value to $700 billion, matching that of Apple.





SOURCE - Firstpost

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