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Tesla (TSLA) released its fourth-quarter earnings yesterday, Jan. 29. The company missed both the top-line and bottom-line estimates in the quarter, and the commentary on its short-term outlook wasn’t particularly convincing. However, management shared upbeat commentary on the company’s long-term forecast, and Elon Musk reiterated that Tesla could become the world’s largest company.
Usually, the title of the “world’s largest” has stayed with the same company for an elongated period before a challenger decisively beats them. However, it has been a game of musical chairs at the top since last year and Apple (AAPL), Nvidia (NVDA), and Microsoft (MSFT) have been jostling for the position. While the title currently rests with Apple, the position seems relatively open for the taking.
