Tesla Shares Jump
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Elon Musk, Trump and J.D. Vance
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The Department of Motor Vehicles gives Elon Musk’s EV company 60 days to change how it promotes Autopilot and Full Self-Driving features or face a 30-day sales ban.
Elon Musk reached another personal wealth milestone, with the valuation of SpaceX soaring to record new highs.
Using Tesla's current shares outstanding (3.5 billion) and the market cap target suggests a share price of about $2,400. That's nearly 6 times the current share price, which is extremely ambitious. (Note that 424 million shares multiplied by $2,400 gets you to over $1 trillion.)
The judge ruled Tesla should have to suspend manufacturing and sales in California for 30 days, but the DMV stayed those rulings for 90 days to allow Tesla to comply.
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Longtime Tesla investor Ross Gerber says 2026 will be a year of reckoning for Musk's car company
Tesla-investor-turned-bear Ross Gerber says that Elon Musk needs to show results on the company's biggest initiatives in 2026 or face investor backlash.
The Elon Musk-led company is experiencing increased sales pressure in the world's biggest car markets. Reuters reported that Tesla is having trouble righting the ship amid a "sales skid" as competitors release new,
Elon Musk and California Gov. Gavin Newsom clash on social media over transgender rights and Musk's estranged daughter in heated public exchange.
Elon Musk's automaker has introduced a smorgasbord of discounts and deals, with Tesla facing a race to avoid another year of declining sales.