Islamabad, July 26, 2025: Elon Musk has shown support for Keith Fitz-Gerald, Chief Investment Officer at Fitz-Gerald Group, who believes Tesla might reach a $20 trillion market value. Musk, quoting a post by Muskonomy on X that shared Fitz-Gerald’s bold outlook, wrote, “Extreme execution is needed, but a valuation of $20 trillion for Tesla is possible.” Fitz-Gerald also said, “Betting against Elon is like betting against Steve Jobs,” and shared confidence that Tesla is headed towards this massive valuation milestone.
Tesla’s current value is slightly above $984.73 billion. So to hit $20 trillion, the company would have to grow more than 20 times its size. This forecast depends on Tesla staying ahead in electric cars and also making major progress in artificial intelligence, robotics, energy storage systems and self-driving tech. Even so, Musk admitted that it will not be an easy journey.
While speaking to CNBC, Keith Fitz-Gerald said Tesla’s push in AI is key, but the company also needs to focus on bringing cheaper vehicle models to market. He added that calling Tesla just a carmaker ignores the full picture. He mentioned that Tesla’s long history in China helps the company understand how local markets and tech are evolving. But he still warned Tesla has to boost its innovation pace to stay ahead of rising global competition.
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Musk’s post pointed to two big ideas — the importance of “extreme execution” and the real shot at big valuation gains. Keith says Tesla must push hard to scale robotaxi services, roll out Optimus humanoid robots, and grow its energy storage line if it wants to hit $20 trillion. But if things go wrong, that goal could become unreachable. The figure is more than just hype — it shows Tesla’s strategy of turning into more than a car company, moving deep into AI and clean energy fields. Keith compared the shift to how Apple changed under Steve Jobs.
