Morgan Stanley analyst Adam Jonas values Tesla at roughly $1.3 trillion. Less than $300 billion of that comes from the business of selling cars.

In media interviews on Tuesday, Musk reaffirmed his commitment to Tesla and said he'd be spending less on politics in the future.

Now he promises to drastically scale back his political involvement and instead focus on his business empire. “I think I've done enough,” Musk said on Tuesday during an economic forum in Qatar according to Reuters.

At the Qatar Economic Forum on Monday, a combative Elon Musk took on criticism about his role in the US government's controversial Department of Government Efficiency (DOGE) as well as his myriad business roles,

The EV maker will roll out about 10 self-driving cars next month and scale up to about a thousand, Musk told CNBC in an interview.

After making huge bets on the 2024 election, the world’s richest person and Trump booster said he would spend less. He promised to stay on as Tesla CEO.

Tesla CEO Elon Musk emphasized his commitment to the role and robotaxi plans in a string of interviews Tuesday. One of Wall Street's biggest Tesla bulls said he's seeing "a different Musk."