Elon Musk's Trillion-Dollar Dream, Tesla's Robotaxi Hype, Trump's Trade Deal And GM's EV Push: This Week In Mobility

Ananya Gairola

July 27, 2025

The past week has been a rollercoaster ride in the world of business and finance. From Elon Musk‘s ambitious valuation for Tesla Inc. to skepticism over Tesla’s robotaxi, the week was filled with intriguing stories. Let’s dive into the top five stories that made headlines.

Elon Musk’s Trillion-Dollar Dream

Despite a decline in sales and revenue in the second quarter, Tesla CEO Elon Musk believes a $20 trillion valuation for the electric vehicle giant is achievable. Musk’s optimism comes amidst dwindling sales across multiple markets.

Read the full article here.

Skepticism Over Tesla’s Robotaxi

Gary Black, The Future Fund LLC's managing director, expressed doubts about the hype surrounding Tesla’s second supervised robotaxi test in San Francisco. Black questioned the scalability of Tesla’s Full Self-Driving (FSD) technology on a national level.

Read the full article here.

See Also: Elon Musk Slams Trump For Axing Subsidies On Renewable Energy, Says SpaceX Won NASA Contracts ';By Doing A Better Job For Less Money'

Trump’s Trade Deal: A Tax On Americans?

Economist Justin Wolfers criticized President Donald Trump's new trade agreement with Japan, arguing that it essentially results in a tax increase for American consumers. Wolfers expressed skepticism about the potential benefits for US auto companies.

Read the full article here.

GM’s EV Push

General Motors Co. announced that Chevrolet is now the second-largest electric vehicle brand in the U.S., with Cadillac ranking fifth in luxury EV sales. The company is making a $4 billion factory push to offset Trump tariffs.

Read the full article here.

BYD’s Sales Slip

Chinese EV giant BYD Co. Ltd. reported an 8% year-over-year slip in Chinese sales during June. The slip in sales comes as rivals like Xiaomi Corp and Xpeng Inc. gain in sales.

Read the full article here.

Read Next:

Gary Black Slams Tesla Over ';Disaster' Second Quarter Earnings, Says He Would Pass On TSLA Stock, Calls Robotaxi Launch ';Kabuki Theater'

This story was generated using Benzinga Neuro and edited by Ananya Gairola

Photo Courtesy: Frederic Legrand – COMEO On Shutterstock.com

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