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SpaceX’s Stock Slide Costs Elon Musk His Trillionaire Title
Barrons.com44d agoneutral
SpaceX’s Stock Slide Costs Elon Musk His Trillionaire Title

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.

Elon Musk Gives A Nod As Nvidia Argues AI Data Centers Aren't The Water Drain Many Believe: 'Numbers May Surprise You'
Benzinga44d agoneutral
Elon Musk Gives A Nod As Nvidia Argues AI Data Centers Aren't The Water Drain Many Believe: 'Numbers May Surprise You'

As concerns grow over artificial intelligence’s environmental impact, Tesla Inc. and Space Exploration Technologies Corp. CEO Elon Musk backed Nvidia Corp’s argument that data centers consume a surprisingly small share of America’s water supply. Nvidia Pushes Back On AI Water Consumption Concerns On Monday, in a post on X, Nvidia highlighted findings from the Manhattan Institute showing that data centers account for just 0.2% of daily water usage in the U.S., while arguing that advances in cooli

Tesla Is Sliding Past $382, but Here Is Why Tech Compression and Global EV Price Wars Could Evaporate Another 50%
24/7 Wall St.44d agoneutral
Tesla Is Sliding Past $382, but Here Is Why Tech Compression and Global EV Price Wars Could Evaporate Another 50%

At $381.61, Tesla (NASDAQ:TSLA) looks vulnerable, with a credible path toward the $190 historical manufacturing support zone as tech multiples compress and global EV pricing grinds margins lower. The stock just slid 5.79% in a single session, and the bid under the chart looks thinner by the week. Tesla remains the world’s most recognized EV ... Tesla Is Sliding Past $382, but Here Is Why Tech Compression and Global EV Price Wars Could Evaporate Another 50%

Elon Musk And Tesla AI Chief Fire Back At Reports Linking FSD To Fatal Texas Crash As NHTSA Launches Probe
Benzinga44d agobearish
Elon Musk And Tesla AI Chief Fire Back At Reports Linking FSD To Fatal Texas Crash As NHTSA Launches Probe

Tesla Inc. CEO Elon Musk, as well as the company’s AI lead Ashok Elluswamy, on Monday denied claims that the Full Self-Driving (FSD) system was responsible for a fatal crash in Texas that resulted in the death of a woman. This Makes No Sense, Says Elon Musk In a post on X, Musk responded to a post by a user who criticized a report that said a Tesla driver claimed to have engaged driver assistance technology as the Model 3 vehicle crashed into a home in Katy, Texas, on June 19, which resulted in

Sunrun Surges 26% on 16-Gigawatt Virtual Power Plant Deal With Tesla and Renew Home
24/7 Wall St.44d agobullish
Sunrun Surges 26% on 16-Gigawatt Virtual Power Plant Deal With Tesla and Renew Home

Sunrun (NASDAQ:RUN) stock is up 26% to $16.17 in midday trading Wednesday after the residential solar leader unveiled a sweeping virtual power plant (VPP) partnership with Tesla (NASDAQ:TSLA) and Renew Home. The intraday move tracks toward one of Sunrun’s biggest single-session gains in months. The deal aims to deliver more than 16 gigawatts (GW) of ... Sunrun Surges 26% on 16-Gigawatt Virtual Power Plant Deal With Tesla and Renew Home

The First Pure-Play Humanoid Robot Maker Could Go Public This Year
Barrons.com44d agoneutral
The First Pure-Play Humanoid Robot Maker Could Go Public This Year

A rising player in robotics is slated to go public later this year and will become the first pure play on humanoid robots to trade on the U.S. market. Agility Robotics has agreed to merge with Churchill Capital Corp XI a publicly traded blank-check company, according to a filing with the Securities and Exchange Commission. Churchill Capital Corp XI surged 23% to $12.77 on Wednesday.

Tesla (TSLA) Seen Trading More Like a SpaceX Proxy as Merger Talk Grows
Insider Monkey44d agoneutral
Tesla (TSLA) Seen Trading More Like a SpaceX Proxy as Merger Talk Grows

Tesla, Inc. (NASDAQ:TSLA) is one of the 15 AI Stocks Analysts Are Watching: Microsoft, Nvidia, and More. On June 22, Jefferies reiterated the stock as hold and raised its price target to $375 per share from $350. The firm has cautioned that Tesla may begin trading more like a SpaceX proxy as merger speculation builds. […]

Sunrun Surges After Forming Data Centre Energy Alliance With Tesla and Renew Home (RUN)
InvestorsHub44d agobullish
Sunrun Surges After Forming Data Centre Energy Alliance With Tesla and Renew Home (RUN)

Sunrun (NASDAQ:RUN) shares jumped 16% on Wednesday after the residential solar company announced a partnership with Renew Home and Tesla (NASDAQ:TSLA) aimed at supplying more than 16 gigawatts of flexible energy capacity to hyperscale data centre operators and utility companies. The initiative is designed to help address rapidly growing electricity demand driven by artificial intelligence and large-scale data centre expansion.

Latest News In Electric Vehicles - Streamlining Commercial Charging Through Strategic Collaboration
Simply Wall St.44d agoneutral
Latest News In Electric Vehicles - Streamlining Commercial Charging Through Strategic Collaboration

Tellus Power has announced a collaboration with Nayax to streamline commercial electric vehicle (EV) charging by integrating charging, payment, and management systems into a single platform. This partnership aims to reduce complexities faced by operators by minimizing the need for multiple vendors and enhancing the deployment speed of charging infrastructure. By combining Tellus Power's AC Level 2 Charger with Nayax's payment and management solutions, the initiative seeks to deliver a...