<div id="readability-page-1"><div><div><p><strong>Tesla Inc.</strong> <span>TSLA</span> CEO <strong>Elon Musk</strong> thinks investing $150,000 in the EV giant's stock could yield high returns for the investor.</p><p><em>Check out the latest price of Tesla stock here.</em></p><h2>Investing In Tesla Could Make You A Millionaire, Elon Musk Says</h2><p>On Tuesday, a user on social media platform X, <strong>Cole Grinde</strong>, shared a screenshot of Tesla stock performance since it first went public in 2010, with the caption &#34;$150,000 invested in Tesla will most likely make you a millionaire.&#34;</p><p>Responding to the post, Musk agreed with the caption. &#34;I think this is probably correct,&#34; the billionaire said on Tuesday.</p><h2>Elon Musk Set For $29 Billion Package As Tesla Sales Decline</h2><p>Musk is all set to receive over 96 million Tesla shares as part of his CEO compensation award. The shares amount to over $29 billion in value. However, it's still shy of the $56 billion package originally approved by the Tesla board before being overruled by a Delaware judge in 2024.</p><p>Despite this, Tesla's sales are falling in multiple markets across the world, with European sales down in double-digit percentages in countries like France and the UK, where Tesla delivered 987 units in July, marking a 60% decline.</p><h2>Tesla Robotaxi Plans Face Criticism, Rival BYD Announces Luxury-Focused European Expansion</h2><p>Tesla's Robotaxi faced criticism from analysts like <strong>Future Fund LLC</strong>'s investor <strong>Gary Black</strong>, who said that the EV giant isn't the only one that will &#34;master unsupervised autonomy.&#34; </p><p>Elsewhere, the company announced it would be expanding its ride-hailing service in the San Francisco Bay Area. However, it's worth noting that the ride-hailing service isn't a Robotaxi as there will be a safety driver present in the car at all times.</p><p>Meanwhile, Tesla rival <strong>BYD Co. Ltd.</strong> <span>BYDDY</span> <span>BYDDF</span> announced it was bolstering its presence in the European market by introducing its two sub-brands, <strong>Yangwang</strong> as well as <strong>Denza</strong>, into the region next year.</p><p>Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!</p><p><em>Check out more of Benzinga’s Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Ross Gerber Slams Tesla Over Robotaxi’s ‘Wild Exaggerations,’ Calls Supervised FSD An ‘Oxymoron'</li> </ul><p><em>Photo courtesy: Mijansk786 / Shutterstock.com</em></p></div></div></div>

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<p>Elon Musk stated that a $150,000 investment in Tesla could likely make an investor a millionaire, responding to a social media post. Despite this optimistic outlook, Tesla is facing declining sales in various markets, particularly in Europe. Musk is set to receive a $29 billion compensation package in Tesla shares, although this is less than the originally approved amount. Additionally, Tesla's Robotaxi plans are under scrutiny, while rival BYD is expanding its European presence.</p>

- Elon Musk believes that a $150,000 investment in Tesla stock could potentially make an investor a millionaire, agreeing with a social media user's claim.  
- Despite Musk's optimistic outlook, Tesla is experiencing declining sales in various markets, with European sales down significantly.  
- Additionally, Tesla's Robotaxi plans face criticism, while rival BYD is expanding its presence in Europe with new sub-brands.

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Elon Musk Says $150K Investment In Tesla 'Probably' Makes You A Millionaire