Tesla’s market capitalization now stands at $1.25 trillion, a staggering 20 times that of the world’s biggest automakers. This remarkable feat can be attributed to its decade-long journey as the leading and most profitable electric car company. Despite mixed sales results on Wednesday, investors remain optimistic about Musk’s ambitious promises.
Musk aims to revolutionize the automotive industry by selling vehicles and services based on driverless car technology as early as 2025. In June, robot cabs will hit the roads in Austin, Texas. The deployment of humanoid robots is also set to occur, with thousands expected to be rolled out across the globe. Musk’s artificial intelligence is touted as the best in the world.
Investors have taken a liking to Musk’s unconventional strategy, particularly his $250 million donation to Donald Trump which yielded a 64% jump in market capitalization between November 2024 and January 30. While some might view this move as a gamble, it has proven to be a lucrative one for Musk.
Source: https://www.lemonde.fr/en/economy/article/2025/02/03/the-tesla-anomaly-can-t-last-forever_6737729_19.html