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Tesla may become the world’s largest company in a few months
Tesla CEO Elon Musk responded to a user’s, stating that Tesla has a >0% chance of becoming the largest company. This tweet is in response to a comment from another account.
Whole Mars Catalog told Musk that Tesla will be bigger than Apple. Musk then added that “it may be achieved in the next few months “, but the subsequent tweet was deleted shortly afterward and is no longer found.
In a conversation on Twitter, user Whole Mars Catalog expressed that Tesla’s completely automated driving (FSD) function is a landmark technology, so Tesla is expected to surpass Apple. Musk deleted the second reply because he was worried about his remarks.
The company’s stock price was affected because Musk was sued by the US Securities and Exchange Commission (SEC) just this month because his free speech on Twitter seriously affected the company’s stock price and failed to disclose information in accordance with the securities trading rules.
Musk caused the famous “Tesla privatization and acquisition storm” on Twitter in 2018. Without any warning, he suddenly posted that he wanted to privately acquire Tesla. The purchase price was 420 US dollars per share, and Musk also declared that the acquisition funds have been settled.
However, in fact, Musk was not prepared for the acquisition at all, but these remarks led to fluctuations in Tesla’s stock price, resulting in losses for investors. Since then, he also tweeted that Tesla’s “stock price is too high”, and then Tesla’s stock price plummeted, losing $13 billion in market value.
(Via)