"Tesla Inc. ( NASDAQ: TSLA) stock recently reached an all-time high. After wavering earlier this year, it is up 120% over the past five years. That compares to the S&P 500's gain of 87% in that time. This is despite slow sales, battles over CEO Elon Musk's pay package, electric vehicle (EV) competition, and safety concerns about some of its models."
"People and institutions that own the stock believe that Musk's vision of a future in which its primary businesses are fully self-driving cars and robotics will make it a global artificial intelligence (AI) leader. Musk has made believers of what must be tens of thousands of shareholders with his story that there will be 40 million human-like robots in 2040. The price of these could be less than $20,000."
Tesla stock hit an all-time high and rose 120% over the past five years, compared with the S&P 500's 87% gain. The rally occurred despite slow sales, disputes over CEO Elon Musk's pay package, rising EV competition, and safety concerns about some models. Much of the five-year increase happened in the second half of 2025. Investors and institutions increasingly value Tesla for ambitions beyond manufacturing, especially fully self-driving vehicles and robotics. Musk projects 40 million human-like robots by 2040 priced under $20,000. Established rivals like Waymo and several Chinese firms present significant competition, while some legacy automakers also posted large gains.
Read at 24/7 Wall St.
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