Tesla Robotaxi hits big milestone, but questions remain

Tesla's stock is facing scrutiny as analysts, including Dan Ives from Wedbush, suggest that the company should be valued beyond its electric vehicle production, particularly with the anticipated launch of autonomous-driving robotaxis by the end of 2025. This shift in valuation perspective highlights the evolving nature of Tesla's business model.

SpaceX, the aerospace company founded by Elon Musk, is reportedly planning an initial public offering (IPO) that could value the company at $800 billion, with potential for a much higher valuation if successful. This move is seen as a significant step towards going public, which could occur as early as 2026.

Rivian is intensifying its efforts to compete with Tesla amid shifting political landscapes affecting the electric vehicle (EV) market. The Biden administration's previous support for EVs contrasts sharply with the Trump administration's rollback of incentives, including the elimination of the $7,500 tax credit, which has historically aided EV sales.

SpaceX, founded by Elon Musk, is reportedly valued at $800 billion as it prepares for a potential initial public offering (IPO) in 2026. The company aims to sell insider shares at $421 each, which would position it as the most valuable private company globally. This announcement follows a letter to employees indicating the company's readiness for public trading, with plans to expand operations further.