Is What Trillionaire Elon Musk Said Enough of a Reason to Buy Tesla Stock?

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Tesla ( TSLA 0.28% ) shares have soared 2,810% in the past decade (as of June 23). The success of the electric vehicle (EV) maker (which is one of the world's most valuable companies), coupled with the recent initial public offering of Space Exploration Technologies , has made CEO Elon Musk the world's first trillionaire. On Tesla's first-quarter 2026 earnings call in April, Musk made a bold prediction that should spark the market's curiosity. Are the tech entrepreneur's words enough of a reason to buy the EV stock ? Investors listen closely to what management teams discuss on company earnings calls. Musk seems to always give his shareholders a sense of optimism. This is particularly true of Tesla's full self-driving (FSD) and Robotaxi plans . "I think probably unsupervised FSD or Robotaxi revenue will not be super material this year, but I do think it'll be material probably in a significant way next year," he mentioned on the most recent earnings call.

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Tesla (TSLA) has seen its share price surge 2,810% over the past decade, and the IPO of Space Exploration Technologies made Elon Musk a trillionaire. On the 2026 first-quarter conference call, Musk said that unsupervised FSD and Robotaxi revenue would not be large this year but is expected to be meaningful next year. That remark can stimulate investor sentiment and may lift valuations of TSLA and related stocks in the short term, and it suggests that commercialization of autonomous driving could reshape supply chains and the software/service revenue mix. However, regulatory and safety concerns and a lack of commercialization execution remain sources of volatility and risk.

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