The rally in the company's stock illustrates Wall Street’s faith in Musk’s AI ambitions. But it has also made Tesla shares extremely expensive.

The judge ruled Tesla should have to suspend manufacturing and sales in California for 30 days, but the DMV stayed those rulings for 90 days to allow Tesla to comply.

Discover the groundbreaking manufacturing process behind Tesla's success in this in-depth look at their factory operations. The video explores how Tesla's Giga Press machines deliver unprecedented efficiency,

Discover why Tesla, Inc. leads the autonomous tech revolution with unique hardware-software integration. Click for this TSLA update.

Tesla Cybertruck Credit: Tesla What you need to know: The California DMV finds Tesla Motors in violation of state law for misleadingly using the terms “autopilot” and “Full Self-Driving Capability” in the marketing of their electric vehicles and provides an opportunity for Tesla to address issues prior to an imposition of a penalty.

Tesla stock came under pressure on Wednesday after touching an all-time high earlier in the session, as investors reacted to fresh regulatory scrutiny in California that could complicate the company’s ambitions for self-driving technology.

Startup valuation, likely to go public at $800bn, will bolster Musk’s wealth to an estimated $677bn, according to Forbes