Elon Musk Thinks Tesla Will Become the World's Most Valuable Company. Here's Why Its Stock Could Decline by 50% (or More) Instead
Tesla (TSLA 3.29%) stock hit a new record high shortly after President Donald Trump's election win last November because investors thought a friendlier regulatory environment could help the company bring its autonomous robotaxi and humanoid robot to market more quickly. CEO Elon Musk thinks these product platforms will help Tesla become the world's most valuable company one day.In fact, Musk believes Tesla could eventually be as valuable as the next five largest companies combined. Today, those companies wo ...