CEO, Elon Musk, reached another personal wealth milestone, with the valuation of his privately held space transportation company, SpaceX, soaring to record new highs, ahead of a planned public offering in 2026.

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.

Elon Musk had jokes when Apple started hiring his former engineers—until he needed Apple to buy his company. It was classic Musk: flippant, cutting, and aimed directly at one of the most powerful companies on Earth.

Tesla shares hit their highest in nearly a year on Monday after CEO Elon Musk said the electric-vehicle maker was testing its robotaxis without safety monitors in the front passenger seat.

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 optimism centers around Chief Executive Officer Elon Musk’s aspiration to turn Tesla into a powerhouse in robotics and AI, the booming technology that has driven global stocks to record highs. The company’s push into autonomous vehicles has drawn praise from analysts, with some saying Tesla will be a “game changer” in this field.

Musk often brags about how his products are either changing the world now, or will do so in the future. One of his favorite recent topics is Tesla Robotaxi. Tesla has teased its Robotaxi program since Musk first mentioned it in 2016. As recently as last year, Musk claimed there would be 1 million of them on the road by 2025.

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,