Will Tesla go as high as Amazon?

Will Tesla go as high as Amazon?

Its sales and earnings are far lower than others. Tesla is forecast to earn $6 billion next year, a fifth as much as Amazon, and nearly a twentieth of Apple.

Who is wealthier Elon Musk or Jeff Bezos?

Musk, co-founder of publicly traded Tesla and closely held rocket company SpaceX, has added $122.3 billion to his fortune this year, pushing his net worth to $292 billion, according to the Bloomberg index. Amazon.com Inc. founder Bezos is worth $196.3 billion.

Is Elon Musk richer than Bill Gates?

Tesla and SpaceX CEO Elon Musk is now worth more than both Bill Gates and Warren Buffett combined. According to the Bloomberg Billionaires Index, the 50-year-old’s net worth is $230 billion as of Friday. The SpaceX deal added $11 billion to Musk’s net worth, according to Bloomberg.

Will Tesla be the next Amazon?

Tesla will be the next Amazon. Moreover, its stock price will rocket 1,200\% over the next five years to top $4,000 a share. That’s the exuberant prediction of TSLA shareholder Cathie Wood, the CEO of ARK Invest.

Is Apple going to buy Tesla?

Loup Ventures analyst Gene Munster summed up the probability best when he wrote, “It’s fun to talk about Apple buying Tesla, but we don’t think Tesla is for sale.” “Elon Musk owns 21\% of Tesla, so it would require 83\% of the non-Musk shares to vote for the sale, which would be unlikely given shareholder and insider support for Musk.

Is Tesla primed for explosive growth in the next few years?

Despite Tesla’s recent troubles, Cathie Wood has high hopes and believes it’s primed for explosive growth over the next few years. Tesla recently laid off 7\% of its workforce, or 3,000 employees, in a move to cut costs and increase production of its Model 3 line.

Should you buy Tesla stock at $300?

At a little more than $300, ARK says Tesla shares have major upside. Meanwhile, there’s renewed speculation that tech juggernaut Apple could acquire Tesla.