Tesla

President Donald Trump and Elon Musk appeared outside of the White House together so Trump could look at Teslas to purchase.

He claims the carmaker will be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Is that really a competitive advantage?

Robyn Denholm, who’s led the board since 2018, made $168 million in the past year exercising stock options in the company, including sales worth $43 million last week.

Earnings were weaker than expected, the near-term outlook is murky, EV sales are down, and Elon Musk is more distracted than ever before. But with a phalanx of loyal shareholders and a cowed board he’s not going anywhere.

A new $350 billion value for SpaceX helped to lift Musk’s net worth to a historic high—more than for any billionaire Forbes has ever tracked.

The judge said Monday Tesla’s request for the court to “flip its decision” after the shareholders voted in favor of the package went “against multiple strains of settled law.”

Since Trump’s election win, Tesla stock is up 40%, making Musk almost $100 billion richer than any other person.

Trump praised Elon Musk as a “super genius” for his support throughout his campaign.

The autonomous vehicle company’s weekly ridership has jumped more than 50% in two months and more than doubled since the start of 2024.

Tesla shares shot up more than 5% as the said it expects “slight” year-over-year vehicle delivery growth, going against Wall Street’s expectation of a decline.