Elon Musk Predicts Tesla Will Become World's Most Valuable Company

Edited by: Olga Sukhina

Elon Musk, CEO of Tesla, stated on Tuesday's conference call that Tesla could become the most valuable company in the world. This prediction hinges on the company's ability to execute its plans effectively.

Musk provided new timelines for developments including robot production and autonomous rides. These comments followed the release of first-quarter financial results, which showed a 20% year-over-year decrease in auto revenue.

Musk also pledged to spend less time on government work. He emphasized the importance of strong execution for Tesla to achieve its ambitious goals.

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