Tesla stock closed at a fresh record high on Tuesday, completing a monthslong rebound from severe losses earlier in the year.

There was no shortage of news that tossed the stock around like a rag doll, but here are three of the biggest events of the year for Tesla and CEO Elon Musk. It was dubbed a bromance in the White House.

Tesla CEO Elon Musk has predicted that “there will be no poverty in the future”. Instead, he said that there will be universal high income. The tech billionaire also said that people would no longer need to save money.

Elon Musk had jokes when Apple started hiring his former engineers—until he needed Apple to buy his company. It was classic Musk: flippant, cutting, and aimed directly at one of the most powerful companies on Earth.

The Tesla head has repeatedly boasted that the robotaxi ride-hailing service is scaling imminently. On the Q3 earnings call on Oct. 22, Musk said Tesla plans to have its service operate in eight to 10 major metro areas by the end of 2025. On the Q2 call, Musk had predicted Tesla ride-hailing would cover half the U.S. population.

Elon Musk’s claim that saving money may become irrelevant highlights long-term bets on AI and automation, but it also raises questions about inequality, policy readiness, and how economies function today.

A video circulating online appeared to show a Tesla Model Y robotaxi with no safety monitor inside driving on Austin streets.

Elon Musk’s garage goes beyond Teslas. From the futuristic Cybertruck to high-speed electric sedans and iconic classics, his car collection reveals surprising choices and bold ideas.