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Elon Musk believes Tesla could one day become a $20 trillion company, and he says it’s possible with “extreme execution.”
The projection came via Musk’s reply on X to a post quoting investor Keith Fitz-Gerald, who compared Musk to Steve Jobs and claimed Tesla could hit the eye-popping milestone. If achieved, Tesla would be worth more than the combined market caps of Apple, Microsoft, Saudi Aramco, and Alphabet — combined.
For now, though, Tesla is far from that target. The EV giant currently sports a market cap of about $956.65 billion, down over 19% year-to-date, making it 2025’s worst-performing Big Tech stock. Meanwhile, the Nasdaq Composite is up nearly 9%.
Tesla’s Second Quarter Earnings
Tesla’s...