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Electric vehicle (EV) automaker Tesla has come under fire of late, suffering lawsuits for its hiring practices, as well as incurring sluggish sales numbers in key regions like Europe and China.
Such factors have made Tesla stock ownership somewhat volatile, yet despite that fact, controversial Tesla CEO Elon Musk has made a shocking prediction about the company, one that he assures will send Tesla stock spiking in value — all the way to the moon.
Also see why Tesla stock is under fire and what to do with the stock.
Tesla Is Headed to the Moon
As Benzinga reported, Musk recently declared that Tesla’s future is headed to the moon. “In 20 years, I’d say Tesla’s got factories on the moon,” Musk boasted, adding that investors should hold on to their Tesla stock “because it’s gonna be worth a lot.”
This comes after months of Musk making similar assertions about Tesla’s future being on the moon, as the billionaire CEO predicted that Tesla could build satellite factories on the lunar body, in order to then launch artificial intelligence (AI) data center satellites into orbit without having to use actual rockets, per Benzinga. Musk believes this revolutionary concept will send Tesla stock soaring.
Musk is so set upon establishing Tesla on the moon that he’s even offset his long-gestating plan to secure colonization of Mars with his company SpaceX. Per Time, Musk has announced that he has shifted his focus from Mars colonies to “self-growing” cities on the moon — despite the fact that just over a year ago, Musk insisted that “we’re going straight to Mars. The moon is a distraction.”
What Does This Mean for Investors?
Tesla’s stock has seen plenty of ups and downs over the past year. As of March 5, the stock is down about 8% for 2026; however, it’s up 44% over the past year.
Whether Musk keeps his focus locked upon the moon remains to be seen, but stockholders could be well served by holding on to their stock for now.
Editor’s note: This article is for informational purposes only and does not constitute financial advice. Investing involves risk, including the possible loss of principal. Always consider your individual circumstances and consult with a qualified financial advisor before making investment decisions.
