Elon Musk, CEO of Tesla (TSLA.US), took to social media platform X to comment on a post projecting profit growth for seven major U.S. tech stocks over the next five years.
Musk suggested that Tesla’s profits could potentially mushroom tenfold during that period, though he emphasized that such an outcome would require excellent execution.
The original post, authored by financial commentator Jon Erlichman, cited analyst consensus predicting Tesla’s profits to spike 2.58 times over the next five years, outpacing the other six tech giants.
In comparison, Nvidia (NVDA.US) is anticipated to log a 1.93-fold increase, while Amazon (AMZN.US) and Netflix (NFLX.US) are projected to grow 1.37 and 1.28 times, respectively.
Microsoft (MSFT.US) and Alphabet (GOOGL.US) are forecasted to rise by 1.07 times and 76%, respectively, with Apple (AAPL.US) anticipated to achieve a 45% profit upswing over the same timeframe.
~
AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks |
Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
TSLA (C) |
10469 |
440 (-) |
0.093 |
5.9 X |
TSLA (C) |
10441 |
350 (-) |
0.168 |
5.9 X |
TSLA (P) |
10468 |
250 (-) |
0.440 |
3.4 X |
Nvidia (C) |
10537 |
165 (-) |
0.050 |
6.2 X |
Nvidia (C) |
10573 |
150 (-) |
0.210 |
3.3 X |
Nvidia (P) |
10538 |
116 (-) |
0.275 |
2.8 X |
AMZN (C) |
10508 |
269 (-) |
0.033 |
10.5 X |
AMZN (P) |
10449 |
174 (-) |
0.109 |
6.3 X |
MSFT (C) |
10557 |
515 (-) |
0.113 |
9.0 X |
MSFT (P) |
10511 |
390 (-) |
0.380 |
6.4 X |
ALPBE (C) |
10497 |
229 (-) |
0.038 |
9.7 X |
ALPBE (C) |
10571 |
195 (-) |
0.255 |
4.7 X |
ALPBE (P) |
10496 |
170 (-) |
0.205 |
5.2 X |
ALPBE (P) |
10409 |
138 (-) |
0.049 |
7.3 X |
APPLE (C) |
10507 |
297 (-) |
0.024 |
14.2 X |
APPLE (C) |
10551 |
254 (-) |
0.185 |
8.0 X |
APPLE (P) |
10495 |
218 (-) |
0.140 |
7.5 X |