Musk, SpaceX and Tesla
Digest more
Tesla starts driverless robotaxi tests
Digest more
Wedbush analyst Dan Ives predicts Tesla could reach a $2 trillion market cap next year, with a bull case of $3 trillion by the end of 2026. He highlig
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,
1don MSN
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.
12don MSN
Is Elon Musk's Pay Package Really $1 Trillion? And What Could It Mean for Tesla's Stock?
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.)
Tesla froze director pay in 2021 after a lawsuit, but earlier option grants kept compounding, turning board service into a $3 billion windfall
Ross Gerber, a longtime Tesla investor and founder of Gerber Kawasaki Wealth & Investment Management, has become a Tesla bear. He’s betting Tesla won’t catch up to Waymo in the self-driving car race, citing the company’s failure to implement new technology along with its soiled reputation as reasons it is falling behind.
Elon Musk's first company was a web software company, Zip2, that he founded with his brother Kimbal James Musk and Greg Kouri. They founded the company in 1995 with the help of angel investors.