Tesla maintains sustained stock strength, driven primarily by investor enthusiasm for its artificial-intelligence and robotaxi ambitions, alongside the recent approval of a massive pay package for Elon Musk. * The stock traded at $454.61 after-hours on December 5, 2025, remaining within a few percentage points of its record close. * The company plans to begin producing a dedicated Cybercab in 2026, building on its growing supervised robotaxi service in Austin and the San Francisco Bay Area. * The approval of the $1 trillion stock-based pay package for Elon Musk reinforced the long-term growth narrative, despite ongoing concerns over weakening China sales and intense EV competition.