Elon Musk says Tesla will 'be the most valuable company on earth'

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Elon Musk reiterates his belief that Tesla will 'be the most valuable company on earth' amid record quarter for the EV maker

and Saudi Aramco combined, or about $4 trillion. Tesla currently has a market valuation of $502 billion.

Musk also teased that new products are under development, which presumably could be a new car model. Wall Street analysts expect a lower-cost EV that they have dubbed the"Model 2." Other areas of growth for the company include Tesla insurance, which is currently at an annual premium run rate of $300 million."We're growing 20% a quarter so it's growing faster than the growth in our vehicle business," CFO Zachary Kirkhorn said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I’m sure he believes a lot of things that aren’t true based on his tweets.

His cyber truck 🛻 is ugly as f👎CK to boxy to close a tank 😳

Canada Canada Latest News, Canada Canada Headlines