Elon Musk Just Said Tesla Could 10x From Here. Is He Right?
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Elon Musk, CEO of Tesla, suggested that Tesla's stock could increase tenfold. This statement comes despite a recent 5.17% drop in Tesla's stock price.
February 04, 2025 | 12:45 pm
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POSITIVE IMPACT
Elon Musk suggested that Tesla's stock could increase tenfold, despite a recent 5.17% drop in its price.
Elon Musk's statement about Tesla's potential to increase tenfold could boost investor sentiment and lead to a positive short-term impact on the stock price. However, the recent 5.17% drop indicates volatility, and investors may remain cautious.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100