But you will have to work hard for this
Elon Musk said that Tesla could surpass Apple and Saudi Aramco in total market value within five years. Musk said that achieving this goal in five years is quite possible if Tesla performs well.
Apple's current market cap is $2.99 trillion, Saudi Aramco's market cap — 2.13 trillion US dollars, and Tesla's all-time high market capitalization in November 2021 was 1.23 trillion US dollars.
«I see a potential path for Tesla, and its future market value could exceed the sum of Apple and Saudi Aramco. But this does not mean that the result will definitely be achieved. I predict that it will be very difficult, requiring a lot of effort, creative new products, expanded management and a lot of luck. But now, for the first time, I see a chance that Tesla will have about twice the market cap of Tesla and Saudi Aramco— Musk said earlier.
«If Tesla performs very well over the next five years, its long-term market capitalization could exceed Apple and Saudi Aramco combined, and I support this forecast», &mdash ; Musk added in a recent message.
Musk also explained that if Tesla shows mediocre results in the next few years, it will be impossible to surpass Apple and Saudi Aramco.