Popular ReadsRob and Michele Reiner's children speak out after Nick Reiner's arrestDec 17, 1:30 PMNo obvious suspects or theories in murder of MIT professor, sources sayDec 17, 4:00 PMRob Reiner's son arrested for murder in stabbing death of famed director, wifeDec 15, 6:39 PMAlthough Musk left Washington after a falling out with Trump, the fallout has continued to weigh on Tesla's auto sales, which had decreased by 9% from 2024 through the first nine months of this year.Despite the slump and the threatened sales suspension in California, Tesla's stock price touched an all-time high $495.28 during Wednesday's early trading before backtracking later to fall below $470.Despite that reversal, Tesla's shares are still worth slightly more than they were before Musk's ill-fated stint in the Trump administration — a “somewhat successful” assignment he recently said he wouldn't take on again.
The performance of Tesla's stock against the backdrop of eroding auto sales reflects the increasing emphasis that investors are placing on Musk's efforts to develop artificial intelligence technology to implant into humanoid robots and a fleet of self-driving Teslas that will operate as robotaxis across the U.S.
