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SpaceX Stock, Tesla Woes Cost Elon Musk His Trillionaire Status
Barrons.com44d agobearish
SpaceX Stock, Tesla Woes Cost Elon Musk His Trillionaire Status

The stock market selloff this week has been painful for investors but spare a thought for Elon Musk. The SpaceX and Tesla CEO has already lost his trillionaire status following a sharp drop in the share price of both companies. Tesla’s 5.8% drop Tuesday took Musk’s net worth to $957 billion, according to the Bloomberg Billionaires Index.

Tesla stock has a SpaceX problem, veteran analyst says
TheStreet44d agoneutral
Tesla stock has a SpaceX problem, veteran analyst says

The global investment bankJefferies just added a fresh twist to the Tesla (TSLA) stock debate. According to TheFly, veteran analyst Philippe Houchois kept his cautious stance on Tesla, but his latest take goes beyond deliveries, margins, robotaxis or EV demand. His concern is tied to SpaceX ...

Ross Gerber Calls Waymo 'Way Safer And Better' Than Tesla's FSD, Questions Whether Elon Musk Can 'Catch Up'
Benzinga44d agoneutral
Ross Gerber Calls Waymo 'Way Safer And Better' Than Tesla's FSD, Questions Whether Elon Musk Can 'Catch Up'

Investor Ross Gerber of Gerber Kawasaki has hailed Alphabet Inc.-backed Robotaxi service Waymo ahead of Elon Musk-led Tesla Inc., saying the former is better at navigating Los Angeles traffic. Can Tesla Catch Up? In a post on X on Sunday, Gerber shared that he had been using Waymo recently to commute. The Gerber Kawasaki co-founder shared that the Robotaxis drove better than human drivers in LA. “Interestingly they’ve trained it to avoid some difficult areas and turns where tesla tries and fails

Tesla Quietly Files Megapod Trademark — An AI Data Center Play That Could See Elon Musk Challenging Nvidia's Dominance
Benzinga44d agoneutral
Tesla Quietly Files Megapod Trademark — An AI Data Center Play That Could See Elon Musk Challenging Nvidia's Dominance

Tesla Inc. wants to sell modular artificial intelligence data center hardware, according to a new trademark application for a product called "Megapod," which points to the automaker’s next possible AI infrastructure push. Tesla Files Intent To Use Megapod Trademark The filing was first spotted Saturday by X user @xdNiBoR, which describes a complete, self-contained computing system for AI workloads, less than a year after Tesla shut down Dojo, its only in-house AI training computer. Tesla filed t

SpaceX CEO Elon Musk Predicts 10X Global Economic Growth By 2036 Barring World War III — But Jim Chanos Isn't Buying It
Benzinga44d agobullish
SpaceX CEO Elon Musk Predicts 10X Global Economic Growth By 2036 Barring World War III — But Jim Chanos Isn't Buying It

Space Exploration Technologies Corp. and Tesla Inc. CEO Elon Musk says the world economy could grow up to 10 times its current size in the next decade, barring a scenario wherein there is another world war. Musk Shares Bullish Prediction In a conversation with influencer Peter Diamandis on Saturday, Musk shared that the world economy could grow by 10 times its current size by 2036. The Tesla CEO called it a “fairly comfortable” prediction in his appearance. “If there’s World War III or something

Why Tesla (TSLA) Shares Are Trading Lower Today
StockStory45d agoneutral
Why Tesla (TSLA) Shares Are Trading Lower Today

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.8% in the morning session after sentiment weakened following a fresh federal safety probe into its driver-assistance software as the broad tech/AI selloff continued to weigh on the Magnificent Seven.

Tesla stock tumbles amid new probe over fatal crash into Texas home
TheStreet45d agobearish
Tesla stock tumbles amid new probe over fatal crash into Texas home

Automotive execs tout automated driver assistance systems like Ford BlueCruise, General Motors Super Cruise, and Tesla Full Self-Driving (Supervised) as the ultimate key to unlocking safer roads. There were more than 40,000 motor vehicle-related deaths in 2023, according to the Insurance Institute ...

SPCX: Should you Buy the Dip?
Zacks45d agobullish
SPCX: Should you Buy the Dip?

Think SpaceX is just a rocket company? Think again. SPCX has evolved to dominate global telecom, AI infrastructure, and the modern space economy.

Tesla Declines 5% While Lucid and Rivian Hold Steady: What’s Going On With EV Stocks Today?
24/7 Wall St.45d agoneutral
Tesla Declines 5% While Lucid and Rivian Hold Steady: What’s Going On With EV Stocks Today?

Tesla (NASDAQ:TSLA) stock is having a difficult session, falling 5% to $383 even as other electric vehicle (EV) names are showing far more resilience. Meanwhile, Lucid Group (NASDAQ:LCID) stock is up 1% to $5.22, and Rivian Automotive (NASDAQ:RIVN) stock is down just 1% to $14.99. The divergence is notable because Tesla often serves as a ... Tesla Declines 5% While Lucid and Rivian Hold Steady: What’s Going On With EV Stocks Today?