Elon Musk Predicts Tesla Moon Factories Within 20 Years, Tells Investors to 'Hold On' to TSLA: 'Gonna Be Worth A Lot'
Tiger Newspress02-27 20:09
Tesla CEO Elon Musk has predicted that the automaker would have factories on the lunar surface in 20 years, urging investors to hold on to TSLA stock.
"I would say hold on to your Tesla stock, because it's gonna be worth a lot," Musk said during the interview, outlining the billionaire CEO's bullish stance on the company's roadmap.
The billionaire CEO instead posited building a Mass Driver, which is a conceptual method of propulsion that involves accelerating payloads using magnetic levitation via electromagnets.
However, the automaker's sales figures are less than ideal as things stand. Tesla recorded a 17% YoY decline in European sales in January this year, with the company's market share also falling to 0.8%, which is 0.2% less than 2025 January’s 1.0% figure.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
