Musk’s March to $700 Billion Tesla Valuation Gets a Rough Start

Updated on

An attendee views the Tesla Motors Inc. Model X vehicle with Panasonic Corp. battery during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2015.

Photographer: Patrick T. Fallon/Bloomberg

Elon Musk on Wednesday sketched out an ambitious path for Tesla Motors Inc.’s market valuation to rocket to $700 billion from about $25 billion. Instead, Tesla shares tumbled on Thursday. Not a roaring start.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.