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You Won't Believe This Shocking Statement From Tesla CEO Elon Musk

Elon Musk commented on the company's potential valuation, and the potential is staggering.

By Parkev Tatevosian, CFA – Oct 28, 2024 at 5:15AM EST

Tesla (TSLA +3.01%) recently held a conference call with Wall Street analysts, and the CEO made a remarkable claim about the company's valuation.

*Stock prices used were the afternoon prices of Oct. 24, 2024. The video was published on Oct. 25, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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Parkev Tatevosian, CFA has the following options: long December 2026 $120 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Tesla Stock Quote
Tesla
NASDAQ: TSLA
$400.62
(+3.01%)+$11.72

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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