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Tech companies and utilities are rushing to build multi-acre battery installations for AI data centers and other uses.

According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.

Tesla's (TSLA) first official Cybertruck inventory sold out in 24 hours. Barron's associate editor Al Root explains why and addresses whether the Cybertruck has any bearing on Tesla's stock.

(Bloomberg) -- Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves

The rise in registrations underscores Tesla’s accelerating momentum in a market long dominated by domestic giants like Toyota, Honda, and Nissan.

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the ‌extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has ​been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll ‌out 35,000 robotaxis using Lucid's Gravity ⁠SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.

Investing.com -- Tesla announced Wednesday the launch of its unsupervised robotaxis across the Austin Metro area, accelerating the company’s push into autonomous ride-hailing.

The S&P 500 and Nasdaq could close lower for the first time in more than two weeks, and big tech stocks were a big reason why. The S&P was down 0.6%, while the Nasdaq was down 0.9%. The Dow was down 416 points, or 0.

The geofence now covers the entire Austin metro, but the active unsupervised fleet has shrunk to around 20 vehicles

Tesla Inc.‘s former data labelers and engineers do not trust the EV giant’s self-driving system as well as its safety data, according to a Reuters investigation released on Thursday. Doubts Over System’s Safety The news agency conducted interviews with over...

Autonomous vehicles have gained prominence in recent years as advances in AI technology have brought true self-driving cars closer to reality. Companies such as Tesla and Waymo have been deploying autonomous vehicles on public roads, while pilot programs and commercial services continue expanding in cities around the world. What was once considered a futuristic concept is gradually becoming a real-world business opportunity, attracting billions of dollars in investment from automakers, tech comp

Sanders proposed a sweeping ownership tax that would hand 50% of the largest AI companies to a new American sovereign wealth fund.

Tesla said on Wednesday it was rolling out its unsupervised robotaxis ‌in the Austin Metro area in Texas, ‌as the electric-vehicle maker looks to speed up its autonomous ​ride-hailing operation. Expanding the robotaxi service and wider adoption of its full self-driving software - a version of which underpins the technology - is key to Tesla's growth ‌strategy after CEO ⁠Elon Musk pivoted the company's focus from EVs to AI and robotics. The service ​has been operating ​in Austin for nearly ‌a year, where customers sometimes experience wait times in excess of 30 minutes.

Shanghai Deliveries Point To Firmer May Demand Momentum

Alphabet shares have struggled to keep pace with the broader technology rally. Relative weakness versus peers may offer clues about where Google stock heads next.

Elon Musk’s Tesla Inc. saw French car registrations surge 655% in May to 5,446 vehicles, the latest sign of European recovery for an EV maker that lost nearly half its market share there last year. The headline number comes with...

TSLA's FSD Supervised gains approval in Estonia, its third EU market, as mutual-recognition rules help speed the driver-assist rollout.

(Bloomberg) -- The world might have to wait a little longer for its first trillionaire. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves, BE Analysis ShowsBased on reports that SpaceX is planning to offer shares in an upcoming

Coming into Wednesday trading, Ford stock had soared more than 35% since it announced plans to see utility scale battery storage solutions.

While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May, outlining three business segments: Space (Falcon and Starship launch services), Connectivity (the Starlink broadband network), and AI (X and Grok subscriptions). ... SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.

Multiple analysts believe a merger between Tesla and SpaceX will happen eventually. Tesla stock was up on Wednesday morning.

One in four new cars sold worldwide last year was electric, according to International Energy Agency (IEA) data cited by UBS, marking a landmark moment for the transition away from the internal combustion engine. Global electric vehicle (EV) sales, which include both battery-only cars and...

It's official: Rivian's R2 SUV matches Tesla's industry-leading efficiency and beats Model Y on range.

TSLA's Europe registrations are rebounding fast, but the stock's case still hinges on robotaxis, AI and Optimus as capex rises.

Elon Musk-led SpaceX‘s upcoming IPO could trigger retirement funds, including 401 (k) accounts, worth trillions to invest in the commercial space flight giant following its June public listing. $30 Trillion Worth Of Retirement Funds In a post on X on...

BYD tapped the Chinese state-backed company, Sinopec, to help it build a larger charging network than Tesla.

Wedbush highlighted several developments that it believes are bringing Tesla and SpaceX into closer alignment, including the EV giant’s $2 billion investment in SPCX.

Lotus Technology Inc. has announced the launch of orders for the Eletre X, a new hybrid SUV available in mainland Europe. The Eletre X features Lotus' proprietary X-Hybrid architecture, which combines battery electric vehicle performance with internal combustion engine support, allowing for a comprehensive range of over 1,200 kilometers. With ultra-fast charging capabilities, the vehicle can charge from 20-80% in just nine minutes, making it one of the quickest charging electrified vehicles...

Prosecutors say the activist author of Citron Research manipulated stocks to pocket $21 million.

SpaceX's growth story may be captivating, but there are also some significant risks that come with the stock that investors should be wary of.