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
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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