Elon Musk: “Tesla’s Cost Could Double Apple!”

In October last year, the value of more than 1 trillion dollars, today worth $695 billion Tesla is still in the middle of the most valuable car companies. While the future cost of Tesla is not very predictable due to Elon Musk’s unpredictability, an important statement came from Musk today.

Tesla’s founder, Elon Musk, spoke at the conference call after the company released its third quarter report. May be more valuable than Apple shared. However, he also talked about the company’s upcoming plan.

Tesla will begin to buy back its shares:

Elon Musk said that the company administration is discussing the share buyback program and On repurchasing $5 to $10 billion of stock announced that he had reached an agreement. Stating that the buyback will continue after, Musk also shared that the plan is not fully clarified.

On the other hand, Musk shared his new goals about Tesla’s price as follows:

“Now I think we can far exceed Apple’s current market price. Tesla’s More expensive than Apple and Saudi Aramco combined for I see a way.”

Apple is worth $2.3 trillion today, while Saudi Aramco is worth $2 trillion. So, according to Elon Musk’s statement, Tesla’s cost is It could even exceed $4.3 trillion.Of course, we will see how much response this courageous statement will receive, but we will wait and see.