TSLA shares dropped 73.6% from a peak of $409.97 on November 4, 2021, to $108.10 on January 3, 2023, in contrast to a peak-to-trough drop of 25.4% for the S&P 500. Sine then, the stock surged to a high of $479.86 on December 17, 2024, and is currently trading at $475.31

EV giant Tesla (TSLA) has never been short on promises for a bold future. For years, Tesla fans have heard the narrative that Robotaxis would be the next new growth engine as its core EV business cools off.

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.

Between 2018 and 2020, the average Tesla director received a total of about $12 million in cash-and-stock compensation. That was about eight times as much as the average director at Alphabet, the next highest-paid among the "Magnificent Seven" companies.

Shares saw their first record close since December 2024, helping support the continued reign of the “Magnificent Seven.”