Micron Earned More in 3 Months Than Tesla Did in 3 Years. Prediction: It Will Be Worth More Than Tesla Before 2028.
Micron reported $28.2 billion in GAAP net income for its fiscal third quarter ended May 28, which exceeds Tesla's combined GAAP net income of roughly $25.9 billion across 2023, 2024, and 2025. The Motley Fool also suggests Micron could be worth more than Tesla before 2028.
Why it matters — A MU watcher would care because the company has posted a single quarter of earnings that surpasses Tesla's profits over a three-year span, underscoring Micron's recent financial strength.