Elon Musk reached another personal wealth milestone, with the valuation of SpaceX soaring to record new highs.

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 highlights the company's autonomous and robotics advancements,

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,

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.

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-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.

Tesla froze director pay in 2021 after a lawsuit, but earlier option grants kept compounding, turning board service into a $3 billion windfall

"Not sure who runs the legal team [at Tesla], but those folks deserve some vacation." Elon Musk sparks legal backlash after announcing Tesla update: 'Allow you to text and drive' first appeared on The Cool Down.