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Elon Musk May Be a Trillionaire, but Tesla Is Still Down 11% in 2026. Is TSLA Stock Dead Weight Now?
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Elon Musk May Be a Trillionaire, but Tesla Is Still Down 11% in 2026. Is TSLA Stock Dead Weight Now?

Tesla • 24/7 Wall St. • ✦ xCruzoAi •🇺🇸🇪🇸
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— Ai Summary —

Elon Musk may be a trillionaire, but Tesla’s stock has not shared in the SpaceX IPO euphoria, slipping about 11% in 2026 while SpaceX solidifies trillionaire status. Tesla trades near $403 as Musk’s combined SpaceX and Tesla stakes approach $1.147 trillion, contrasting with a roughly 9% year-to-date gain for the SPY. The gap between Musk’s wealth and TSLA’s performance fuels debate on whether Tesla remains a growth engine or a drag on portfolios.

Author: xCruzoAi • 73 words
AI-generated summary • Source: 24/7 Wall St. • Read the full article for complete information.
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