Tesla shareholders just gave Elon Musk a $1 trillion incentive
75%+ of shareholders voted YES.
What he must deliver over 10 years:
• Grow $TSLA to $8.5T market cap (466% increase from $1.4T today)
• 20M vehicles delivered (cumulative)
• 1M Optimus humanoid robots sold
• 1M robotaxis in operation
• 10M Full Self-Driving subscriptions
If successful, he becomes the world’s first trillionaire with 25% ownership 👀
INDIAN NATIONAL ANTHEM IN MONACO 🇮🇳🥹
Kush Maini has created History by becoming the first Indian to win an F2 race at Monte Carlo! 🤯
ABSOLUTELY INCREDIBLE BY KUSH 🙌
Tesla stock's current drawdown is about 30% from its high. There have been 15 other times in the $TSLA's history with 30% drawdowns.
When Tesla went up 125% to $488/share (from $213) in less than 60 days between October and December of 2024, it was Elon's doing. Now that Tesla stock has dropped to levels not seen since...75 days ago, people say it's Elon's fault.
A big drawdown after a quick 125% rise is not surprising. As any long term Tesla shareholder knows, volatility is par for the course with this stock. Tesla often goes long periods where it outperforms the market and long periods where it underperforms.
Drama around Elon and DOGE will only continue to increase as their work continues. Elon will continue to be himself, as he always has been. There is no changing that.
Tesla stock was a rollercoaster 7 years ago, 5 years ago, 3 years ago, last year and now today. That's also likely not going to change, whether up or down.
A lot is in store for Tesla in 2025:
• New Model Y launch
• More affordable models launch in first half of this year, utilizing aspects of Tesla's next-gen platform
• First builds of Tesla Semi at newly built factory
• Pilot production of Optimus. Will include next-generation hand with 22 degrees of freedom (human hand has 27 DOF. Gen-2 Optimus had 11 DOF)
• Cybertruck RWD launch
• Cybercab production lines currently being prepped at Giga Texas
• Launch of FSD (Unsupervised) and initial Robotaxi rides in Austin, TX
• New Megapack factory in Shanghai starts mass production doubling Tesla's global production capacity
• Tesla Lithium Refinery in Texas starts production
• Powerwall 3 production ramp continues
• 500 kW charging unlocked for Cybertruck, 1.2MW (1,200kW) for Tesla Semi at V4 Superchargers with V4 cabinets in Q3
• Expansion of Tesla's "Cortex" Supercomputer GPU training cluster at Giga Texas
You can decide to either get worked up about the latest controversy, or decide to drown out the noise and reaffirm to yourself why you're in Tesla stock. Holding Tesla stock long-term is not for the faint of heart, but those who do will probably be rewarded so long as Tesla continues to execute on its goals. A lot of exciting stuff is around the corner with this company, so buckle up.