Overview
- Tesla remains valued above $1 trillion even as its stock has fallen more than 15% this year.
- The company has reported lower automotive sales for three straight years, signaling near-term pressure on its core car business.
- Analyst Dan Ives says a global robotaxi market could add about $1 trillion to Tesla's market value.
- Tesla ended Model S and Model X production as it develops a driverless Cybercab to anchor its autonomy strategy.
- Rivian is preparing the sub-$50,000 R2 SUV, which investors view as a mass‑market sales driver after a share drop of more than 15% this year.