Sweden is urging the EU to reject TSLA's wider FSD rollout, citing automated speeding concerns as regulators weigh a June 30 vote.
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Micron Technology edged past the market valuation of Meta Platforms and briefly Tesla's for the first time on Thursday, after the memory chipmaker's solid forecast helped extend its AI-driven ascent. The company's shares were last up 18.4% at $1,236, giving it a market capitalization of $1.398 trillion, compared with Meta's $1.392 trillion. Tesla had a market value stood of $1.4 trillion.
Plus: Will anyone buy a cheap EV truck, the World Cup tries to cool off and the Trump administration offers nuclear loans.
If I were a shareholder in SpaceX, I'd be worried.
Sunrun Lands Major Tesla Catalyst as AI Data Centers Hunt for Power
US stocks look set for a strong rebound on Thursday, with technology shares leading the charge after upbeat results from Micron reignited enthusiasm for the artificial intelligence trade following three consecutive days of losses for the Nasdaq. Nasdaq futures jumped 2.2%, pointing to a...
Copenhagen Infrastructure Partners (CIP) has achieved a crucial milestone in the Energy Transition with the financial close of the 392 MW Pestera II onshore wind project in Romania. Marking one of the largest renewable energy financings in Central and Eastern Europe, this development underscores Romania’s commitment to enhancing energy security and affordability through sustainable means. The project, supported by a consortium of international banks and backed by a 15-year contract for...
Tesla (NasdaqGS:TSLA), Sunrun, and Renew Home agreed to aggregate over 16 gigawatts of flexible residential energy capacity in the U.S. into what they describe as the largest distributed power plant. The U.S. project is intended to serve utilities and power-hungry data centers by coordinating home batteries and other distributed energy resources. Separately, Tesla entered a multi-year partnership with NatPower to deploy more than 25 gigawatt-hours of battery storage capacity across...
Sunrun (RUN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Tesla Inc. (NASDAQ:TSLA) is facing fresh legal and regulatory challenges following the National Transportation Safety Board (NTSB) announcement that it will examine the fatal Texas crash that took place last week involving a Model 3 sedan. NTSB Announces Probe According to a report by Reuters on Wednesday, the agency said it will investigate the incident, which is already under scrutiny of the National Highway Traffic Safety Administration (NHTSA). The collision occurred in Katy, Texas and resul
June 25 (Reuters) - Nasdaq futures jumped 2% on Thursday after upbeat forecasts from chipmakers Micron and Qualcomm pointed to strong demand for artificial intelligence infrastructure, lifting
Investors are now watching Starlink's growth and Starship's R&D spending ahead of its first public earnings report.
Billionaire David Friedberg slammed Rep. Ro Khanna (D-CA) on Monday, arguing that the Representative from California’s 17th District should also be asked to pay 5% of his wealth as a one-time tax payment. Ro Khanna Vs David Friedberg In a post on X, Khanna quoted a post he made, calling out Friedberg after the latter alleged that Khanna was establishing a “Politburo” with Sen. Bernie Sanders (I-VT) and Sen. Elizabeth Warren (D-Mass). Khanna asked Friedberg if he was also opposed to OpenAI CEO Sa
Elon Musk's net worth has dropped below $1 trillion after SpaceX and Tesla shares fell during a broader tech sell-off, less than two weeks after the milestone.
Less than two weeks ago, SpaceX became the most valuable company ever to go public, raising $75 billion at a valuation north of $1.7 trillion and closing its debut session up 19%, according to CNBC. On June 22, SpaceX posted its worst single-day loss as a public company, plunging 16% to close at ...
SpaceX went public June 12 and already is more valuable than Tesla.
Tesla’s (TSLA) latest federal safety probe isn't a routine crash investigation. It’s a test of one of the greatest assumptions still baked into Tesla’s stock: that the company can turn driver-assistance software into a business considerably more valuable than regular car sales. For years, Tesla has ...
Tesla signed a multi-year agreement with NatPower to deploy more than 25 GWh of battery storage across Europe.
Crypto analyst InvestAnswers has thrown cold water on the panic gripping the Bitcoin (BTC) market, telling investors that the leading cryptocurrency is sitting on signs of a late-stage bear market bottom, and that its biggest move may be just one round number away. In a podcast, the analyst ...
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 19.2% in the afternoon session after the company announced a partnership with Tesla and Renew Home to provide more than 16 gigawatts of flexible energy capacity to utilities and large-scale data centers, often called hyperscalers.
Opendoor Technologies Inc. CEO Kaz Nejatian is working for a base salary of just $1 in cash, yet he has secured a staggering $741 million accounting valuation in pure stock-based “alignment”—an aggressive, milestone-driven compensation package that mirrors the legendary moonshot incentive structures of Tesla Inc.. The $741 Million Breakdown According to data compiled by The Wall Street Journal, Nejatian’s nine-figure compensation ranks him among the highest-paid executives in the country, despit
The Baron First Principles ETF has quickly asserted itself as the primary ETF proxy on SpaceX stock.
Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaire
Sunrun (RUN) shares jumped 13% in Wednesday trading after the company agreed with Tesla (TSLA) and R
SpaceX's market cap is in the same trillion-dollar-plus range as those tech giants, but does it have similar strengths to them as a business?
Family says Tesla's driver-assistance systems played a role in the fatal accident.
The money is being lined up. As for which companies will get the lion's share of it, look for the names that solve the biggest problems the best way possible.
The stock market selloff this week has been painful for investors, but spare a thought for Elon Musk. The SpaceX and Tesla CEO has lost his trillionaire status following a sharp drop in the share price of both companies. Musk is the largest shareholder in both SpaceX and Tesla and those holdings account for the majority of his net worth.