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Lucid Group Inc., during its first-quarter 2026 earnings call on Tuesday, said that its sub-$50,000 midsize EV could help the automaker increase volumes in the market. Sub-$50,000 EV Lucid’s interim CEO, Marc Winterhoff, shared that the automaker plans to “ramp...
Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”
Shivon Zilis was an under-the-radar executive at Elon Musk’s companies and an OpenAI board member back in 2022. But she was hiding a major secret – Musk was the father of her twins born the year before.
Tesla reported $430.1 million from xAI and $143.3 million from SpaceX in an amended annual filing.
Residential solar companies face bankruptcies, soft first-quarter sales, and shrinking demand after federal tax credit changes.
Investors focus on software fix and Roadster
Morgan Stanley says China's humanoid robotics push could expand its global manufacturing share by 2030.
SpaceX estimates the Terafab project may cost at least $55 billion, with Grimes County among several possible locations.
Elon Musk folded xAI into SpaceX on Wednesday, the same day Anthropic locked up its Colossus 1 data center for Claude’s compute.
Musk reportedly sought deeper control of OpenAI
Chinese rivals move faster into global markets
California-headquartered Clearway Energy Group said the company's 320-MW Honeycomb Energy Center is now online in Utah.
The long-awaited Tesla Semi has landed a major order. WattEV announced Tuesday at ACT Expo that it ordered 370 Tesla Semi Class 8 electric trucks. Deliveries of the first 50 Semis will begin in 2026. Once complete by the end of 2027, the deployment will be the largest single electric truck deployment in California. The […] The post WattEV orders 370 Tesla Semis in record California EV deployment appeared first on FreightWaves.
Rivian is getting proactive about its future as it looks to chip away at the electric vehicle market that is dominated by Tesla. To catch its rival, Rivian understands that to compete with Tesla, it must be more than just a car company; it must also be a technology leader. Many of its recent ...
A chip-manufacturing complex, AI satellites, and space facilities add to a pricey project list at Elon Musk’s company.
Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and value the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”
Tesla Gains Momentum on Export Surge as Europe Demand Lifts China Output
These stocks both have some tremendous growth opportunities due to artificial intelligence (AI), but they also trade at excessively high premiums.
China-made EV sales rose 36% in April, marking a sixth straight monthly gain.
Tesla stock is rising again on Thursday, now back above $400 a share. Shares of the electric vehicle maker were up by 1.8% at $405.70 in premarket trading. Tesla sold 79,478 vehicles from its Shanghai plant, including exports, in April, up 36% year over year, according to Chinese industry data providers.
Tesla China sales including exports jumped in April vs. a year earlier. Tesla stock is set to retake the 200-day line, with an aggressive buy point in sight.
Alibaba Group Holding Limited (NYSE:BABA) is one of the 8 Best Cloud Computing Stocks To Buy In 2026. On April 16, Robin Zhu, an analyst at Bernstein, lowered the firm’s price target on Alibaba Group Holding Limited (NYSE:BABA) from $190 to $180 while maintaining a Buy rating. A day before the price target cut, Bloomberg […]
The global transformers market is poised for significant growth, anticipated to reach USD 113.0 billion by 2036, up from USD 62.2 billion in 2026, driven by a compound annual growth rate (CAGR) of 6.2%. This expansion is fueled by key developments in grid modernization, renewable energy advancements, and the burgeoning demand for electric vehicle charging infrastructure. With Asia-Pacific currently leading the market due to extensive industrialization, regions like North America are expected...
Investor Ross Gerber of the investment firm Gerber Kawasaki has urged drivers to opt for EVs in view of the Iran war that has led to surging gas prices across the U.S. Gas Prices Won’t Come Down In a post on X on Tuesday, Gerber outlined the benefits of EVs over gasoline-powered vehicles. “Gas prices don't matter to the 10 mil people that own a tesla,” he said in the post. He added that there were several options for “great EVs” available from dealers, as well as in the used markets. “Go get one
Wondering whether Tesla's current US$398.73 share price offers good value, or whether expectations are running ahead of reality? This article breaks down what the numbers actually say. The stock has returned 4.5% over the last 7 days and 15.0% over the last 30 days, while the 1 year return sits at 40.0% and the 3 year and 5 year returns are 131.7% and 109.2% respectively, with a year to date return of a 9.0% decline. Recent headlines around Tesla have focused on ongoing debates about...
Reddit shares rebound as Q1 revenue jumped 69% and daily active users rose 17%, fueling analyst upgrades and renewed momentum.
