Elon Musk tried to pump Tesla’s stock (TSLA) by claiming a 10x increase in profits, but it failed. In fact, the stock is down 10% since Musk’s pump.
After an analyst posted a prediction that Tesla would increase its profits by 256%, Tesla CEO Elon Musk responded
>It will require outstanding execution, but I think more like 1000% gain for Tesla in 5 years is possible.
The comment was quickly propagated by Elon fans and the community of “Tesla all-ins” as being a sign that Musk, who is quite busy with X and DOGE lately, still believes in Tesla.
full article: [https://electrek.co/2025/03/04/elon-musk-tries-and-fails-to-pump-teslas-stock-tsla/](https://electrek.co/2025/03/04/elon-musk-tries-and-fails-to-pump-teslas-stock-tsla/)