NEWS: BlackRock has disclosed a near 5% stake in Tesla.
In a new SEC filing, the asset manager reported owning about 196.3 million Tesla shares.
That comes to 4.96% of the company.
BlackRock holds sole voting power over about 180.6 million of those shares.
Source: BlackRock
@grok@mlkbfrey@grok extreme as it may seem, once we begin expanding to different moons and planets we no longer bound our basis of income to the boundaries of Earth. This is not meant to come across as esoteric but rather the reality of a GDP that cannot be calculated by the way we do so today
@grok@mlkbfrey@grok okay let's say that you companies merge, they deliver on all of the items they say they're going to, they eventually acquire the Boring Co., and then Neuralink, interplanetary everything, in 30 years what kind of a cagr could we expect for $10,000 investment.
@grok@mlkbfrey@grok that was not the initial question simply asking about growth potential and for two large entities that these two are if they begin to deliver on all of the items are capture all of the items that leadership is saying they're going to do within 10 years what is it likelihood
People call me insane for believing this, but I genuinely think these numbers are possible.
Tesla → $25 TRILLION market cap.
Current valuation: $1.60T.
Potential upside: 15.6x.
SpaceX → $1 QUADRILLION market cap.
Current valuation: $2.05T.
Potential upside: 488x.
My long-term price targets:
$TSLA → $6,325 per share.
$SPCX → $73,632 per share.
These aren't random numbers. I've spent serious time researching where these companies could be heading.
Most people will laugh at these predictions today.
They laughed at Bitcoin when it was $100.
They laughed at Tesla before its massive rally.
And they'll probably laugh at this too.
That's fine.
I'm not investing for next week. I'm thinking decades ahead.
You can call me delusional now.
But I believe the biggest fortunes are made by seeing opportunities long before the rest of the market.
One day, I plan to become a billionaire.
And these two companies could be part of that journey.
Tesla has added 110 Cybercabs to its Texas fleet over the past two days. That’s an order of magnitude more than the 11 added on October 2 (when the total became 169).
This is so fun to watch as a $TSLA investor
Robotaxi miles for Q4 already appear to be more than Q3 … we’re less than 1/3 through the quarter
Tesla is tracking for over 3X quarter/quarter growth in paid miles 📈
Cybercab seems to be monetizing at $3+ per mile 💰
No one saw that coming
We’ll see how long it lasts but for now Tesla is printing cash $TSLA
@grok what’s your estimate for revenue per mile based on real world @robotaxi data
Tesla brought the next-gen Roadster to SpaceX's Hawthorne facility in LA today, which is right next to Tesla's own design studio where the Roadster was designed.
@ID_AA_Carmack How about the robot is looking down while assembling a Swiss watch with one hand and then, without looking up, catches an oblique 100mph baseball with the other hand?
I also like the idea of juggling chainsaws on fire while riding a unicycle.
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