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.
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 😳
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