Zinger Key Points Elon Musk believes Tesla will be worth between $20 trillion and $30 trillion in the future. The comments come with Tesla worth around $1 trillion and investors more interested in Musk's other companies for future growth. TSLA currently trades with a valuation of just over $1 trillion. CEO Elon Musk is beyond optimistic, doubling down on past comments that the stock will reach a $25 trillion market capitalization, now revising the range to $20 trillion to $30 trillion. What Happened: Musk believes that the future of Tesla's growth will come mainly from autonomous vehicles and the Optimus humanoid robot. Those two items together could take Tesla stock "to crazy levels," Musk said while speaking virtually at the X Takeover event hosted by Tesla Owners Silicon Valley recently. Musk said that some people believe Tesla can reach a $25 trillion market capitalization in the future. "I think that's probably correct if we execute well on autonomous transport and Optimus," Musk said. Musk highlighted the large opportunity for robotaxis and robots, saying that these could help Tesla reach a huge market capitalization. "It does actually get to a $20 trillion to $30 trillion valuation." This is not the first time Musk has placed a market cap goal of more than $20 trillion on the electric vehicle company. In June 2024, he said Optimus could help Tesla hit a $25 trillion market capitalization in the future. Perhaps helping Tesla in the future will be robotaxi fleets across the country. "Some of the fleet will be Tesla-owned and some will be customer-owned," Musk told the audience when asked about Cybercabs. Musk said the robotaxi fleets will be like a combination of Uber and Airbnb with some people owning the cars to add to the fleet and some owned by Tesla directly. The Tesla CEO said Optimus could be life-changing for a lot of people. "Optimus could be like a 24-hour day nurse or helper to someone who's paraplegic or needs physical help." Musk said Optimus could also be used in situations where the work is dangerous or there are a lot of repetitive tasks. Are you buying when the CEOs of the Magnificent 7 are selling?