/ December 19, 2025 Tesla’s stock price closed at an unprecedented $495.28 on Friday, December 19, 2025, setting a new all-time high. The rally was fueled by a dual catalyst: a temporary resolution in a critical advertising dispute and a substantial fleet purchase from a sister company. A Crucial 60-Day Extension from Regulators The immediate pressure on Tesla eased when California’s Department of Motor Vehicles (DMV) granted the automaker a 60-day window to revise its marketing practices. The DMV had previously threatened a 30-day sales ban following an administrative judge’s ruling that terms like “Autopilot” and “Full Self-Driving” constituted misleading advertising under state law, as they imply full autonomy while the vehicles require constant human supervision. This suspension means Tesla can avoid the sales halt if it successfully clarifies that its vehicles are not fully self-driving within the allotted period. For the Fremont factory, this ensures uninterrupted operations in California—a vital U.S. market—during the crucial final quarter of the year. SpaceX Steps In with a Landmark Cybertruck Purchase Simultaneously, a significant internal order within Elon Musk’s corporate portfolio emerged. SpaceX has placed an order for between 1,000 and 2,000 Tesla Cybertrucks to be deployed across its Texas facilities, representing a transaction valued at $80 million to $160 million. This deal provides guaranteed volume for the electric pickup truck. According to industry estimates from Electrek and Cox Automotive, Tesla sold approximately 20,000 Cybertrucks in 2025, a figure substantially below its targeted annual capacity of 250,000 units. The SpaceX procurement could account for up to 10% of the current annual production run, offsetting softer demand in the broader consumer market.