Tesla Inc.(NASDAQ:TSLA) CEO Elon Musk has predicted that the automaker would have factories on the lunar surface in 20 years, urging investors to hold on to TSLA stock.
Lunar Factories In 20 Years
In an interview with André Thierig, who is the plant manager at Tesla's Gigafactory in Berlin, Musk shared his predictions for the future of the automaker. "In 20 years, I'd say Tesla's got factories on the moon," Musk said, adding that he saw a "prosperous" and an "extremely bright future" for the automaker.
"I would say hold on to your Tesla stock, because it's gonna be worth a lot," Musk said during the interview, outlining the billionaire CEO's bullish stance on the company's roadmap.
Musk has, on multiple occasions, predicted having factories on the surface of the Moon. During December last year, Musk had proposed building satellite factories on the Moon to send AI datacenter satellites into space without having to use rockets.
The billionaire CEO instead posited building a Mass Driver, which is a conceptual method of propulsion that involves accelerating payloads using magnetic levitation via electromagnets.
Optimus' von Neumann Future
Musk also predicted that Tesla's Optimus humanoid robot would help humanity colonize other planets by becoming the first von Neumann probe, a theoretical machine that is capable of creating copies of itself by using raw materials sourced from a planet. The copies would then be sent to other planets in space to procure more raw materials and help build humanity's presence.
Further illustrating Tesla's bullish sentiments on robotics and AI, the automaker also sunset the Model S and Model X, utilizing the Fremont, California facility where the premium models were produced for Optimus production instead. Tesla is targeting 1 million units per year for the robot.
Tesla Sales Continue Falling
However, the automaker's sales figures are less than ideal as things stand. Tesla recorded a 17% YoY decline in European sales in January this year, with the company's market share also falling to 0.8%, which is 0.2% less than 2025 January’s 1.0% figure.
Benzinga Edge Rankings show that Tesla scores well on the Momentum metric and offers a favorable price trend in the Long Term.
Price Action: TSLA declined 2.10% to $408.58 at Market close on Thursday, further dropping 0.46% to $406.70 during the overnight trading session.
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