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Musk proposed a vision where Tesla could become valued several times more than the combined total of the next five companies in the market. Given the current value of the top five companies at $16.8 trillion, the implications are staggering. Musk indicated that if Tesla were to achieve this valuation, individuals investing today could see exponential returns, igniting hopeful speculation among investors.
Hardware Upgrades Ahead
In addressing concerns about different vehicle hardware capabilities, Musk stated that Hardware 3 vehicles might not reach the full potential of its FSD capabilities when compared with the new Hardware 4. He indicated that upgrades may be necessary for those wishing to keep pace with future developments, which could impact current FSD owners who haven’t upgraded.