So why does Elon Musk think the Tesla could surge 2,300% in the next decade? To put that number in perspective, $50,000 today would be $1,150,000 in 2025.
Here is Elon´s Math:
1- Sales increase 50% a year for the next decade, that would take Tesla’s annual revenue to $346 billion by 2025.
2- Musk added that he thinks Tesla’s profit margins could be 10%. That works out to $34.6 billion.
3- He then said that Tesla could merit a valuation of 20 times its annual profits. That gets you to a $692 billion market value.
In the investor conference call Musk conceded that these are “back of the envelope” calculations, but he’s confident that he’ll be right.
At iBillionaire, we added the Elon Musk Strategy because we are also confident he will be right. Musk has proven to be one of the best entrepreneurs of our generation.
All Strategies have risks and we know that not everyone has $50,000 to invest, so make this opportunity of investing in one of the best entrepreneurs and in the future of transportation we´ve added the Elon Musk Auto Savings Plan, where you can invest as little as $25 per month in this strategy for only $1 month.