Tesla’s Elon Musk and his close relationship with President-elect Trump are already having a huge impact on the EV maker, says Wedbush.

Tesla stock rose to start a new week of trading. Two points about self-driving cars were helping.Shares of the electric-vehicle maker added 3.5%, closing at $357.09, while the S&P 500 added 0.2% and the Dow Jones Industrial Average fell 0.

A new video appears to show that Tesla's Optimus robot has mastered the complex process of catching an object in midflight.

Tesla has started pushing a dumb-down version of Full Self-Driving (FSD) v13 to some external customers in an attempt

Tesla has run up significantly on upbeat earnings and the Donald Trump win. Click here to find out why I am rating TSLA stock a sell.

Since 2023, Musk has expanded his footing in the AI industry with a 54% stake in xAI. As per Forbes, the current valuation of the company is reportedly $50 billion. However, a closer look at his wealth creation strategies indicates a direct connection between AI and risk investment.

Grand View Research estimates autonomous vehicle sales will increase at 22% annually through 2030, and Global Market Insights expects autonomous ride-sharing revenue to grow at 64% annually through 2032. That could lead to rapid earnings growth for Tesla given that software and services earn higher margins than electric vehicles.

Investing.com-- Stifel hiked its target price for Tesla Inc (NASDAQ: TSLA) and reiterated its Buy rating on the electric vehicle maker citing increased confidence in its artificial intelligence and autonomous driving offerings. Stifel hiked Tesla’s target price to $411.0 from $287.0- representing a 19% upside from Tesla’s close on Friday.

Tesla is overvalued due to the potential loss of EV tax credits and carbon tax revenue under the Trump administration. Click here for our update on TSLA stock.

Tesla’s Optimus robot, upgraded with enhanced hands, now catches tennis balls, showcasing improved dexterity and advanced AI capabilities.

Tesla's stock climbed3.2% in afternoon trading trading, to put it on track for the highest close since April 5, 2022. The rally follows a 38.2% surge in November, which marked the stock's best monthly performance since the 40.6% rally in January 2023.