Tesla Still Holding $218M in Bitcoin — Elon Musk Expects Company to Be Worth More Than Apple and Saudi Aramco Combined – Featured Bitcoin News

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Tesla is still holding $218 million in bitcoin. CEO Elon Musk expects the company to be worth more than Apple and Saudi Aramco combined. $BTC crypto

Tesla’s revenue rose to $21.5 billion, compared with analysts’ projections of $22.1 billion. Profit excluding some items rose to $1.05 a share, exceeding the $1.01 average of estimates compiled by Bloomberg.

During the company’s Q3 earnings call, Musk said Tesla could be worth more than the combined value of Apple and Saudi Arabian Oil Company in the future. The two are currently the world’s largest companies by market cap. “For the first time I see a way for Tesla to be roughly twice the value of Saudi Aramco,” Musk said, elaborating:At the time of writing, Saudi Aramco’s market cap is $2.09 trillion while Apple’s market cap sits at $2.31 trillion. Tesla’s market cap is $695.76 billion.

North America’s in pretty good health, although the Fed is raising interest rates more than they should, but I think they’ll eventually realize that and bring them down again.

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I hodl almost 1 btc on bitfinex and hope that it will go to at least 100k.

But still sold 1048 btc early in the year Farking piss weak , no conviction, btc uneducated He will be kicking himself so hard early 2025 When those 1048 will be worth $136m ($130k per btc) I'll be waiting to say ' haha I told you so'

That's nice..

HZM_Coin

Why didn't Bitcoin see a rise? I've been selling my five bitcoins for $30,000.

Tesla can pull anything off!! Beating apple also!

Wow I thought it would be less

Bold statement. But again, Tesla has a lot of potential that with the right actions it could come to be worth more than Apple and Aramco combined.

🧐

wait that's ... ... ~0,06% from the BTC Overall MC why is this a headline again?

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Fake news!!!! tesla sell 75%

As long as he keeps making robots and stacking sats he might be right

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