Elon Musk floats $20 trillion valuation days after Tesla misses earnings

Who knows.. nuclear fusion, mars colonization.. The valuation hasn’t ever made sense

Lap it up suckers.

LMFAO

Fuck it. Just say five quadrillion at this point. Why even pretend to be realistic.

My prediction is Tesla will be worth a quziianfuckityfluckstilliandadadazillian dollars in 5 years. My prediction is as good as Elon’s.

Does anyone know where he sources his ketamins? Apparently he’s paying for the premium high quality ones.

I’ll float a $0 valuation and be closer to correct.

What is he basing any of this off of?

how do people continue to fall for this shit

20 trillion Tesla coins.

For reference that was the market cap of the whole Dow Jones Industrial Average at the start of the year.

Must’ve lumped in his compensation package…

Babies, babies. By the time I'm done with you, you will all be wearing gold plated diapers!

If shares can jump 4% today for literally no reason, they can jump 40% for no reason or 4,000,000% for no reason. The sky is the limit.

Should be illegal the CEO coming out and just saying shit

All the products from Tesla are expensive, for people making over $150k. Most of America don't make over $150k. To get 20T the company would need to make over $1B per day, don't see it coming anytime soon.

'The Bruce Dickinson!'

Guess what? I got a fever! And the only prescription..

I will continue to buy puts on this motherfucker till they go to $0.

“It’s worth a kazillion dollars and everyone next year will own a Tesla and everyone will love me.”

You just have to exchange the currency, in Kwanzas? The sky is the limit.

Elon really needs to change his ketamine dealer at this point…🤫

Musk lives in the Ketamine Universe.

He likes money?

$1 Bob.

People buy Elon as a product presumably because he designs greatv and he isva very visible ceo who enjoys making money with his supporters

Seriously. This should be in r/FakeTesla

With the fanboys pumping the stock every time bad news coming out, it may as well be true.

My 3 expire in March. Figure a 50% chance of a 5X payout … pretty binary outcome here.

Somehow not securities fraud, somehow not an SEC violation, somehow legal.

It is but who will prosecute? Trump owns the Justice department

1.21 jiggawatts.

I love how the author states that Bitcoin would "need to reach nearly $2 billion per coin for Tesla’s current holdings to single-handedly bring its market cap to $20 trillion, which is quite unlikely." There are 19.7 million bitcoins in total. That would bring the total value of all bitcoins to 3.94 quadrillion dollars USD, such is significantly more than estimates of the total value of all assets on earth, I think?

drugs?

Speaking of fraud, does anyone know the current status of this investigation? [https://fortune.com/2025/03/26/elon-musk-tesla-under-investigation-canada-wrongfully-boosting-sales/](https://fortune.com/2025/03/26/elon-musk-tesla-under-investigation-canada-wrongfully-boosting-sales/)

I think Elons gone with Nazi traditions and switched to premium quality amphetamines. Probably on Adolf cocktail already.

... is more ketamine.

I figured out Musk about two years back. His entire empire is a big lie, a ponzy scheme of sorts. Tesla isn’t even worth $100bn, let alone a trillion dollars. Musk relentlessly pumps the stock himself, through a bunch of Tesla bulls (Dan Ives, Cathie Wood) and perhaps also through bots on social media. The pumped up valuation gives Musk access to capital markets to fund his other ventures (Space X, X, Neuralink, xAI) Wish people could see through the lies.

Tru dat

By a huge margin. I'm actually impressed by how delusional the 20T figure is...like goddamn, dude's not even trying to maintain any semblance of a realistic estimate

420.69 trillion is the next number

Most people can’t think for themselves

i dont think he is pretending to be realistic any more, My guess is that it is a drinking game to see how many news outlets he can get to repeat it.

I suspect that would be the valuation of every public company in the world added together.

It’s an Elon cult IMO, tech (i.e., the internet, smart phones, social media) has shown people how insanely big the world is (and, thus, how small they are relative to it) — lot of people struggle with this I think we’re seeing people turn to extremely big personalities (that won’t soon be forgotten) as an unconscious coping mechanism All opinion, but — to me — it explains a big chunk of the crazy shit we’re living through

Sell a dream, get a fortune

>Maybe if every single person on earth replaced all of their cars with Teslas, but never drove any of them, opting to ride in other people's rObOtAxIs instead? Don't forget the 3 optimuses each person on the planet will need just to live.

This is a valuation basically exceeding the combined valuation of all companies in the world added together. This is basically owning every public corporation in the world. If we had a population of say a 800 billion instead of 8, then you could have companies with this kind of valuation. But with only 8 billion people on the earth, there is a hard limit to what some company could be worth. Unless aliens show up and add value to it.

And yet their total profit for the **lifetime** of the company is the less than what Apple, Google, Microsoft made in six months, or even what Toyota made last year. Investors really are the biggest idiots if they believe this, short of him for Donnie before their breakup.

Remember to spay and neuter your pets!

Is he trying to jump ship and sell? No one believes this

The most valued company in history that makes no profit with bonus declining sales.

Concerning

100 million quatloos!!

And I thought Steve Jobs had a reality distortion field.

It's the Friday news cycle. The clueless chucklefucks will be having their Friday lunch beers (cuz it's friday right haha) and be like "Did you guys hear Tesla could be worth $20T!"

Hang tight with the Kwanzas. That's next week's lesson. I'm just getting through gozintas.

I see you've also beat "Adventure Capitalist"!

That's 20T with a "T"

Another reminder that Ketamine causes brain damage. Don't do drugs, kids.

So. Musk comes out with a pie-in-the-sky future valuation at the same time TSLA quit offering next quarter sales guidance as they have in the past. It checks all the boxes for being a meme stock.

It's crazy to me because one would think that the loud minority of Americans would recognize this but instead they continue to gloat as if this is the 80s and we can subjugate the world

Does the Dow Jones serve you burger and chips while your car is recharging?

You think reality matters anymore we are somehow like in the upside down and bizarro world at the same time

I agree with you but will add we used to have journalists gate-keeping who could appear in media. Now any moron can have a global audience if they know how to pander to the lowest common denominator and create clickbait.

That's a lot of $17 hot dogs, but never under-estimate Elon.

Good catch. Fixed.

It's a hard knock life, for musk

I mean, we have elected officials like [this](https://youtu.be/lPgZfhnCAdI?t=7m29s) — it’s fucking insane 7-min 29-sec point, if it doesn’t carry **Edit**: oh, wild — [homeboy ended up being convicted for felony crimes but then Trump commuted his sentence](https://en.wikipedia.org/wiki/Steve_Stockman)

For a company whose shares earn only 40 cents each, that is a hugely inflated stock price.

For sure — “tech” has certainly had many other impacts, too (like the one you’re calling out)

I got it! Elon believes there will be hyperinflation. He could be right here.

This world has lost its damn mind.

TSLA up ten on this news. Edit: to be clear, I'm not making a joke, I went and looked at the ticker. It's this timeline that's a joke.

"I, too, could have a valuation of 20 trillion, after extremely executing 10,000 bank robberies." Err... that would require each bank robbery netting you two billion dollars. The actual average bank robbery nets four to five thousand dollars. So, in reality, if you were a very lucky and successful bank robber and hit the high end of that average, it would actually take you 4,000,000,000 bank robberies to net twenty trillion dollars. Just saying. edit: no, I'm really not very fun at parties.

The Cybertruck is a flop. All the time, money, and energy that was spent on it wasn't spent updating the rest of the lineup. The Model Y redesign is a cosmetic makeover. The supposed cheaper model that's allegedly coming out "soon" probably won't be a new car. And the CEO of the company spent hundreds of millions getting a man who hates electric vehicles and carbon credits in the White House. Bye bye tax rebates. But he is a genius 🤣

Whatever. Cathie Woods said that ages ago. Oh, and she’s also very, very wrong.

What do numbers even mean, man?

Robots 🤖

Aliens are already baked into the price

What a fool believes. Yeah my house is worth $30 trillion.

Hahaha, no, this is the kind of math I'm here for.

I think if he says starlink has detected a 20 trillion ton meteorite hitting earth in 5 years, it'll be more believable.

It’s perplexed me for 10+ years

YCombinator just invested in a ‘maritime fusion reactor’ start up. I looked up the founder’s background and they worked for Tesla and spacex

I'm just starting a book on the twitter takeover..... A top Data Scientist at Twitter decided to leave the company, but he got a meeting with Elon, who was letting employees in to give him suggestions. So first he hands Elon the suggestions on paper and talks for a minute. Then he says "Oh, I'm also resigning due to your believing in the Paul Pelosi conspiracy theory and retweeting it - only 10% of the population would be subject to believing something like that". Remember, this is a Data Scientist, so basically after a decade working at Social Media companies the dude knows who fall for BS and Misinformation...and he calls Elon out. Elon's response? "FU". The Scientist responded graciously and walked out. According to the book, this guy said to Elon what everyone else was thinking. Not only is Elon NOT a Genius, he's among the "worst of us" when it comes to basic common sense.

Have you owned Doobers yet?

Must be Ketamine talking, Elon is on Mars.

Did Elon take the news about Nvidea becoming the world's first $4T company badly, or something? Is this his way of throwing a tantrum? "my company will be the biggest ever!"

Couldn't have said it better. You forgot to make fun of robotaxi and robots though!

And I'll be Jennifer Lopez's sugar daddy, you know....someday

Oh dear god. Wake me up when things make sense again.

Haha did you know my double wide is worth $3.7M.

He’s crazy.

You clearly have not tried the fries at the Tesla diner 😀

Tesla the AI / robotics company? The AI / robotics company that used to build the most advanced cars in the world? The company that still depends on selling their out of date, poor quality but still expensive and dangerous dangerous cars to make money, without government help, to keep going?

That’s about 5 Stanley nickels

De-lulu

who's pretending??? now give me another hit, you're hogging

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Tesla is worth... One MILLION DOLLARS!

Yeah I meant another line

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He also has some swamp land in Florida he wants to sell you.

What’s really funny about this is the auto business they spent years building and banging on about, and raised many billions to establish, is now worth zero.

I for one cannot way for the day we are all trillionaires!

Tell me more…

Amazing

Sure, once inflation ramps up and $20 trillion is the equivalent of $4 in 2025 dollars.

Well have you tried his new Tesla diner yet? It’s fantastic. It obviously the thing that’s driving up the valuation of the company. Those hotdogs look amazing. /s

Not me personally, KFC is listed on the NYSE so

There's a lot of great examples of this too that people just brush off due to Musk's self diagnosed autism or as him being 'eccentric'. One other one he himself stated is that he couldn't believe people were actually buying up all the toilet paper when the COVID shutdowns were being announced. He thought it was so ridiculous and impossible that he took some of his kids out to the grocery store to see if it was happening first hand. It's just hilarious on so many levels. One is that he couldn't believe people were buying up unnecessary amounts or non-perishable but necessary item to begin with. Another great part is that this was apparently something he deemed important enough to actually investigate first hand. Finally it also shows his COVID denialism since he thought there was apparently no risk in bring his spawn with him for this little adventure in the middle of the pandemic. Another great one was that his whole $2T worth of spending cuts was pretty much premised on the same kind of idiotic right wing conspiracy theories that the data scientist resigned over with the belief that there was some deep state shadow government responsible for trillions in spending, something that would be easily debunked by just looking at the budget and doing some simple math.

I would say the same thing if my company was collapsing, and I was high on drugs.

$1B/day is only $0.365$T per year. \ If you want to get to $20T you'd need just shy of $55B/day. Now, I don't have a single fuck what he based it off of tho, but if it's share price that also turns out to a roughly 55x.

"Ketamine is a hell of a drug"

xAI acquired X in an allstock deal earlier this year. Somehow X got revalued back to it's original $44B price tag just before! \ Lucky how that turned out, eh?

Cheers, I'd finally be rich from my third of a Bitcoin!

He already sold that for Alligator Alcatraz I would presume.  Y' know, I'd much prefer a timeline where that sentence _wouldn't_ be half believable.

10%, not 10x! But your point about the timeline very much still stands.

10 points, or 10 dollars per share. It was $9.86 per share when I checked, but now it's [+$10.76](https://finance.yahoo.com/quote/TSLA/analysis/) or +3.52%. Missed three straight quarters. Revenue and Earnings both down YoY. Empty promises remain at an all time high though.

In the case of investors, I think it's the "greater fool" theory. As long as there's an endless number of suckers willing to buy, holding on to your stock makes sense.

Institutional investors are right. Retail investors are the greater fool. Tesla is like 43% retail investors. Wallstreet is going to be able to pull their money out way faster while those morons take the L.

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I’ll believe him when he makes a car with windshield wipers that work properly. Apparently that’s a major milestone on the way to the 20 trillion valuation because I haven’t seen any evidence of it yet. Maybe a good buy signal if it were to happen.

Elon and Mark Zuckerberg could be the envoys sent to prepare the planet for alien invasion, just saying it’s a possibility.

lol

Say I want to get rich quick. Are we talking a basic 40 hour per week schedule, or some overtime required?

Ooh, there hasn’t been a good nuclear fusion bubble in a while. Good idea, we’re way overdue. </s>

Illegal. Not so sure. Personally liable, absolutely. It is hard to piece the corporate veil but when a CEO or director personally makes certain suggestions, this is one of the time you can personally go after a person directly. Musk is directly being sued buy the largest institutional investors of Tesla because he basically told the board if he does not get his 50 billion dollar pay package, he will negate Tesla AI and then he went further and started Xai. The suit is breach of fiduciary duty and resource funneling. He is going to suggest next that Tesla buy Xai which included the shitty Twitter deal. https://electrek.co/2024/06/13/tesla-elon-musk-sued-shareholders-breach-fiduciary-duty-ai-funneling-threats/

That is 1 billion in profit a day or about 10 billion in sales. And actually to have a 20T valuation, you would need to be making about 5 billion a day in profit or about 50 billion a day in sales. Currently they are well under 100 billion a year and declining. With those numbers, that would be about a 8% return on investment of PE of 13.

As my coworker said when I told him I didn’t think Elon was a genius. ‘How many rockets have you built?’ yeah these people are hopeless.

https://finance.yahoo.com/quote/TSLA260320P00250000/history/?frequency=1d

Try the glass BBQ instead?

Wonder how much that cost him

At this point can he skip to the end of that story?

Imagine an Elmo robot in your house??? That’s not creepy, weird, scary and horrifying. No way in hell would I drive in a Tesla Robo taxi.

What if.. we add little sprinkles of hyperinflation?

Delusional narcissism

KFC has like a dozen kinds of sandwiches, but none of them are burgers, not even "chicken burgers". So clearly the new diner is worth more than the Dow Jones. After all "industrial average" sounds very 20th C. Do we even still have industrial companies in the US?

Who said P/E needs to be anything reasonable? The stock can go up just because people buy it. No profit or sales needed.

You forgot to double it. $7.4M

Musk is like the Kardashians for nerds

20T 20,000B 20,000,000M

Talk about OVER and EXTREME valuating a POS brand.

The irony. Elon Musk didnt invent or design anything either. He just bought a company and claiming as his own. He is like Ray Kroc. The one that bought McDonalds from McDonalds brothers

Because there is no company in the world that can maintain a PE at a high rate indefinitely. Either it needs to grow into that PE or the stock price will fall. This can go on for a long time but people will not invest indefinitely unless they are making some form of return. The second truth in publicly listed companies is that from an investment standpoint, all companies have to return to shareholders, all the capital they have raised plus interest exceeding that of inflation plus some level of return to justify the risk. All companies will eventually cease to exist. If in this time they do not provide those returns to investors, from an investment point of view they are a failure. Tesla has yet to return a single cent to investors but has raised 100's of billions of capital.

This shit is as real as it gets, man

Sometimes Dan Ives says something so wildly stupid I realize he must actually believe what he says. And then I stare into the abyss and the abyss stares back at me

Regarded

The desperation haha

Of course everything that you said in this comment is true.

His a manipulative moron. Investors are selling Tesla stocks and he needs some idiots to buy them. Tesla is going to die.

>Finally it also shows his COVID denialism since he thought there was apparently no risk in bring his spawn with him for this little adventure in the middle of the pandemic. There was in fact pretty much zero risk for them whatever we think of Elon

10 billion shot robots by Christmas. Isn't that his latest bullshit?

It took me a long time to realise the actor was saying gigawatts, just with a strange pronunciation.

Comparing him to Steve Jobs is extremely disrespectful to Steve Jobs. Steve Jobs had laser like focus. Elmo gets bored or distracted every five minutes and moves on to something else

I got my 2023 Model Y AWD for $40K OTD, after $10k in gov't $$$. As of October 1 that deal will be gone tho

only ~15% of TSLA's outstanding shares were equity issues. for around $4B total, vs $10B in regulatory credit receipts. TSLA was largely capitalized by the legacy makers' ZEV/CAFE credit purchases. neoliberalism FTW

I’m super new to options trading so bear with me. What do you think the stock will be at at options expiry? This calculator assumes a 1 to 2x payout at $TSLA $200. http://opcalc.com/7kY

It’s not a cult. It has to be market manipulation by some large institutional investors. Retail investors are just along for the ride. Big more is driving the big moves. The whole thing needs to be investigated. It would not surprise me if musk has done a deal with some firm to short squeeze and prop up the stock price.

I know someone who’s told me that he’s never selling his Tesla shares, ever. So what is the point of buying the stock then? lol I think I at least convinced him to leave the shares to his kids when he passes one day so at least they can cash in It’s a fucking cult, like you said

Full self owning in six months!

Corporate fluffery. It's legal in the US to mislead investors (especially retail) because they should do their own dd. Imo its just more protections and less responsibility for the corporate class. Why are they paid so much again?

Let's do the Zimbabwe slide!

No, no, you don't get it. It's not a pyramid, it's an inverted funnel...

> bear with me way ahead of ya : ) I literally have no idea how Tesla is going to move the next 3 quarters; just look at the past 1 or [5 years](https://finance.yahoo.com/quote/TSLA/chart/#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)... I think we go down from here, which is why I bought these this week, but as we saw yesterday there's a lot of BS longs can throw at the media to get a good news cycle for the algos. The key thing is my calls expire in March, so they can play this game in the medium-term but if they don't show material progress towards Elon's latest promises of "half" the country at least being in the general area of Tesla's trial operations then I expect to be looking OK. And if the S&P500 shits the bed again and everybody pulls their money out, then I'll be looking really good. As for the "car" part of Tesla, they're literally officially fucked and they're floating on hopium of replacing Uber by 2030 or whenever. From $316 (today's price) to $231 (my break-even) TSLA has to lose ~50c/day on average. Not too bad for me. I bought 3, and will sell the first if/when I can sell for $55, my break-even on the 3, then again $100, and I'll let the last ride to expiry. "Expected" profit here is $25,000 on a $5500 purchase. Note this $5500 is my annual play money budget in my Roth account. There is a 50% chance maybe I'll get my ass handed to me.

You realize they have given out factors more than that in bonus and payment to both workers and directors since the initial capitalization? Musk alone wants another 50 billion dollar pay package alone. Tesla has yet to return a single cent. They might someday but near the amount they took to date?

He just does what trump does and is probably always surprised it works. Which is to just say things as if they were true regardless of how insane it is.. because he says it in a way that makes you feel like he is legit authentic and a visionary. They can believe these rubes believe their shit either… they were democrats afterall.. they just followed the money by catering to retards that barely know what basic laws of physics or basic budgeting skills.

longs are sitting on $1T of stock equity, so it doesn't seem to be a problem for them . . . Their current stock valuation is NOT capital. As Elon demonstrated in 2022, if they tried to sell a big chunk of it, it would vanish.

that was a good tool but Tesla's IV is currently 40%, and in a descent scenario should at least go to 60%, 50% up from here

That is just money from other investors. At the moment it is just money being transferred between investors with Tesla reaching in and taking some for themself along with brokerage firms also taking a percentage. Tesla (and all companies) needs to cover all that including any transactional fees and interest thought-out the life of their company or it is a failure from an investor point of view. To date they have not covered a penny yet.

actually, no. While we call it 'market capitalization', it is a virtual valuation, a product of two numbers. Tesla's market cap doubled in Nov-Dec. They didn't take any money from anybody, they just rode the wave. (They did in fact cash out some of the post-Model 3 success in 2020.) Like I said, ZEV/CAFE capitalized Tesla more than Wall Street, and that was free money.

That is what I am saying. Market capitalization. But Tesla has been releasing shares yearly since then. The initial capitalization is not the only funds Tesla has raised. Hell Musk alone wants a 50 billion dollar compensation package.

Him talking about a $20T valuation in the future means he justifies the current meme stock level valuation of Tesla. Delusion

I could invest in Tesla now and sue Elmo personally once it’s still not at a bagillion dollars 🤔

Yes you could His Hitler lawyers would have a problem with it

90 % of Tesla investor doesn't know Tesla current market cap anyway

All the Tesla pages have kicked me off for saying anti Elon things. freedom of speech for who.

I’m making shit up and lying to your teeth makes you 200 or $300 billion then why would you stop?

Seems to me the valuation is on track to exceed the value of everything contained in the visible universe.

I think the bigger factor is that most people live in a filter bubble now. The modern Internet 1) allows bad ideas to get traction more easily by quickly connecting those who would fall for them, and 2) shuts out contrary ideas from people's feeds. You used to have to consume information via word of mouth and a small number of media sources that had to have broad appeal to be successful, thus even if you were exposed to some bad ideas, they'd get limited attention, and you'd be exposed to a much broader set of ideas. Even that didn't stop cults from emerging. The other thing I think is going on with Tesla is that there are like 10 different fantasies for how they're going to earn ALL our money in ten years. People who have any inkling toward magical thinking may not believe all of these, but all it takes is for them to believe one of them and they'll overvalue the stock. And because there are so many of these fantasies, they drown out the rational arguments about why Tesla won't earn all our money, which are few and obvious. Ben Felix has a great video on how innovative technologies create rational speculative bubbles. Elon has managed to not only leverage this, but SUSTAIN it indefinitely by continually moving the goalposts and moving from one big lie to the next. So there's always something 10 years out (EVs, robotaxis, energy, lately humanoid bots) that investors can latch onto.

>KFC has like a dozen kinds of sandwiches, but none of them are burgers, not even "chicken burgers" What KFC are you going to? KFC serves chicken burgers? I.e.: chicken and lettuce and whatever in a burger bun. They don't use sliced bread, which would make it a sandwich.

Gas station hot dogs are real. In Austin we have Supercharged Tacos.

Ive come to the opinion that we do need some barriers to entry or at least some sort of minimum friction to overcome in order for society to function. Provided, crucial, that this friction is an emergent property rather than one controlled by any one party.

Your concept of the difference between a burger and a sandwich is quite surprising to me. I note that 1. The KFC menu has a section called sandwiches, and each of the items in that section is chicken on a bun, and the name of the individual items each includes the word sandwich in it. https://www.kfc.com/menu#sandwiches 2. The [Wikipedia article on chicken burgers](https://en.m.wikipedia.org/wiki/Chicken_burger) explains that >>While chicken sandwiches use breaded and fried chicken, a chicken burger is strictly made of a grilled or fried patty of ground chicken. Would you call slices of ham and cheese on a bun a "ham and cheese burger"? Or for that matter, just cheese maybe with lettuce and tomato on a bun, a cheeseburger? Perhaps you would, and perhaps you live in a different country with a different variety of English. I'm in the US and speak American English natively.

I’m Australian. I didn’t know that kfc called their burgers sandwiches. I can’t imagine a chicken burger made with a minced chicken patty. Sounds gross. Ham and cheese on a roll would be a ham and cheese roll…

It sounds like Australian English is very different from American for the term chicken burger if not for the term burger in general. You might want to add a note to the Wikipedia article explaining the different usage in Australia, if you can find a reliable source to back you up. I have no interest in eating what we call a chicken burger—I agree that it is not an appealing food concept.

$20 billion far more likely

He’s right. But that’s when eggs are $100,000 a dozen.

Elon waves his hand in the air, unknown to many, he is formulating his next pitch to try to prop up his overvalued stock. He yells out the phrase: vaporatorum! Instantly an idea pops into his head. This time: a lofty new valuation to the tune of $20 trillion. He runs to post it on X, and awaits the articles.

On a different note... Have you tried his Grokamole? It's delicious!

Total S&P 500 value only surpassed $20t in 2017.

But the future upside from FURTHER bank robberies possible if the viability of the extreme execution is proven!

So he just suggests the valuation and it is so?

It certainly seems that way, if you look at the colossal canyon between what the stock price actually is and what *all of reality* suggests it should be.