Elon Musk's $30 Trillion Bombast May Come Back To Haunt Tesla Bulls

Benzinga
2025.07.28 14:37
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Elon Musk's ambitious $25-$30 trillion valuation for Tesla, driven by the potential of humanoid robots, faces skepticism as the company has only produced hundreds of robots, far below the promised 5,000. The Optimus program's secrecy raises concerns about its progress, reminiscent of past missed timelines with other Tesla products. While Cathie Wood projects a $2,600 price target for Tesla by 2029, the current market cap of $1.03 trillion suggests that reaching Musk's lofty valuation is a distant goal. Investors may need to reassess their expectations as speculation grows around the Optimus project.