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Elon Musk Is Teasing a Tesla and SpaceX Merger Again
Barrons.com4d agoneutral
Elon Musk Is Teasing a Tesla and SpaceX Merger Again

Musk appeared on the All-In Podcast with SpaceX President Gwynne Shotwell. Collaboration between Tesla and SpaceX was also discussed, with Musk reviewing the Terafab chipmaking plant being jointly built by the two companies, as well as shared R&D that happens at Tesla’s manufacturing campus in Austin, Texas.

EXCLUSIVE: Ross Gerber Says Tesla Could ‘Double’ Sales Without Elon Musk, Warns Investors on SpaceX Merger
Benzinga34d agoneutral
EXCLUSIVE: Ross Gerber Says Tesla Could ‘Double’ Sales Without Elon Musk, Warns Investors on SpaceX Merger

While much of the conversation in the news cycles about Elon Musk today centers around Space Exploration Technologies Corp (NASDAQ:SPCX), EV giant Tesla Inc. (NASDAQ:TSLA) still remains an integral part of the billionaire’s business strategy. While Tesla has increasingly emphasized AI, autonomous driving and humanoid robots like Optimus, investor Ross Gerber, the co-founder of investment firm Gerber Kawasaki and one of the early backers of the company, has publicly voiced his criticism of the pi

Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says
Reuters46d agoneutral
Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says

Chinese robot maker Unitree Technology is expected to be valued ‌at more than 50 billion yuan ($7.4 billion) after its planned ‌Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial ​public offering. Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by ‌Reuters, is largely seen ⁠as guidance ahead of Wednesday's IPO price enquiry.