Elon Musk Thinks Tesla Will Become the World's Most Valuable Company. I Predict Its Stock Could Plunge by 70% (or More) Instead.

Tesla (NASDAQ: TSLA) is one of the world's largest manufacturers of electric vehicles (EVs), but its CEO, Elon Musk, is no longer focused on just selling cars. He's preparing the company for an autonomous future by directing its resources into its full self-driving (FSD) software, its Cybercab robotaxi, and its humanoid robot named Optimus.Musk believes Tesla will become the world's most valuable company by far if those product platforms are successful. But in the here-and-now, 74% of Tesla's total revenue still comes from its EV business, where sales are declining at an alarming pace. Musk held a conference call with investors last Wednesday to discuss Tesla's progress during the second quarter of 2025 (which ended on June 30). His comments suggest that it will be a long time before products like the Cybercab and Optimus are generating enough revenue to offset the struggling EV business, so here's why I predict Tesla stock could plunge by 70% (or more) in the meantime.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool