Elon Musk is the P.T. Barnum of the Tesla circus Add to ...

April 23, 2015 9:00 AM

55 0

Tesla Motors CEO Elon Musk says his company will be worth as much as Apple one day – $700-billion (all figures U.S.) by 2025. He predicts sales will increase 50 per cent a year over the next decade, the stock will surge 2,700 per cent, and annual profit will hit tens of billions.

If you believe all this, you believe in the Tooth Fairy. Preposterous pronouncements roll off the tongue, if you are a stock promoter anxious to juice the share price.

Read more

To category page