Apple could soar to $3trn valuation on plans for electric car and new iPhone      

Developing the Apple Car could boost the company’s sales by 10% to 15% after 2024, analysts say

With a market cap of about $2trn currently, Apple is already the most valuable stock in the world.

Apple's shares could reach a market capitalisation of $3trn, analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.

Citigroup and Wedbush see potential for the tech giant to hit the milestone, an increase that implies an almost 50% surge from its current valuation.