(Bloomberg) -- Elon Musk has turned science fiction into reality for the better part of two decades, making believers rich and earning the benefit of the doubt from many on Wall Street. Away from rockets and electric cars, his companies are bending reality on another plane – convincing analysts to stretch their traditional valuation tools, and assign multiples based on what one academic calls “optionalities.”Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWi
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Rumors are largely gone. Insiders have leaked that the SpaceX IPO trigger will get pulled on June 12. Elon Musk’s company will try to raise $80 billion at a valuation north of $1.75 tillion. Some speculate that the figure will be closer to $2 trillion, making it as valuable as Tesla (NASDAQ: TSLA). No one ... SpaceX To Go Public June 12, As Speculation Rises
The global market for Bi-Directional Electric Vehicle Chargers is experiencing significant growth, driven by advancements in energy storage, regulatory support for smart grids, and a surge in electric vehicle adoption. Bi-directional chargers, essential to decentralized energy management, enable vehicles to act as energy assets in grid balancing. This technology's expansion is further fueled by the need for energy flexibility amid increasing reliance on renewable energy sources. As businesses...
Chinese electric vehicle maker Xpeng said on Monday it had begun mass production of its first robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027. The Tesla rival is accelerating its shift toward driverless vehicles and humanoid robotics as competition intensifies in the world’s largest auto market. The new robotaxi, built on Xpeng's GX platform, is China’s first "production-ready, pre-assembled robotaxi model developed entirely with in-house technologies," the company said.
YouTuber Zack Nelson, aka JerryRigEverything, has urged Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk to clarify reports of Supervised Tesla Robotaxis reporting crashes in Austin. Supervised Robotaxi Crashes In a post on X on Sunday, Nelson quoted a post by TechCrunch, which reported that unredacted documents from the National Highway Traffic Safety Administration (NHTSA) showed that Tesla recorded 2 instances since July 2025 of Supervised robotaxis in Austin were involved in crashes. Read Also: Elon M
(Bloomberg) -- Elon Musk said he’s back in Texas working on plans for an initial public offering of SpaceX as the rocket and artificial intelligence company gears up for the largest listing of all time. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpTrump Gets Revenge on Republican Who Vo
Governor Gavin Newsom (D-CA) on Wednesday unveiled a new EV rebate program in the state that could provide a major boost to Tesla Inc.‘s Semi truck sales. $1 Billion EV Rebate Newsom took to X to share the news, saying...
Top Pension officials from New York and California have written to SpaceX CEO Elon Musk, expressing concern over the “extreme” governance structure of the commercial space flight company ahead of its public listing. Comptrollers Express Concern New York State Comptroller...
Sen. Bernie Sanders (I-Vt.) criticized the growing influence of ultra-wealthy tech leaders as President Donald Trump's high-profile visit to China placed Silicon Valley's biggest names and their economic power at the center of global diplomacy and AI debate. Sanders Questions...
Alphabet (GOOGL) stock is up about 25.34% year to date, at the time of writing, Saturday afternoon, May 16, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.4% in the same period. Google has managed to outpace the S&P 500, but it has also outpaced other ...
Three recent tidbits: SpaceX split its stock. Bloomberg reported Friday that SpaceX had split its stock five-to-one ahead of its massive IPO, which could raise $75 billion and value the company at up to $2 trillion. SpaceX didn’t respond to a request for comment about the split.
Tesla often zigs when other companies zag. Tesla didn’t respond to a request for comment about the increases. Tesla hasn’t raised Model Y prices in the U.S. since 2024, according to Barron’s tracking.
Tesla’s Germany battery expansion strengthens its Europe strategy, but rising spending is making the TSLA stock bull case harder to justify.
Here are four things to consider if Elon Musk decides to merge his space empire with Tesla.
Tesla, Inc. (NasdaqGS:TSLA) has started building dedicated robotaxi maintenance hubs, preparing for large scale autonomous ride hailing operations. At the same time, Tesla is facing rising legal and regulatory scrutiny in Australia over alleged misleading claims about vehicle safety and self driving features. Tesla, best known for its electric vehicles and energy products, is now moving further into autonomous mobility with these new robotaxi maintenance hubs. This shift takes the story...
America's debt bill has grown so large that even the world's richest man, Tesla and SpaceX CEO Elon Musk, sounded less like a tech mogul and more like someone warning the country its financial engine was starting to smoke. "A...
America's debt bill has grown so large that even the world's richest man, Tesla and SpaceX CEO Elon Musk, sounded less like a tech mogul and more like someone warning the country its financial engine was starting to smoke. "A...
Elon Musk’s empire may be expanding if recent plans to spend up to $119 billion in new chip fab facilities become reality. The team discusses the implications for the industry and Musk’s companies.
An everyday investor started a discussion after saying they were struggling emotionally while watching people around them appear to make easy money trading options. The poster, writing on the r/stocks subreddit, said they’re in their 30s, work a regular 9-to-6...
President Donald Trump‘s counselor and economist, Peter Navarro, had criticized Elon Musk-led Tesla Inc. last year, calling the company a “car assembler” reliant on overseas parts from China and other countries. Now, Chinese President Xi Jinping has said the country...
Tesla raised U.S. Model Y prices for the first time in two years. Tesla stock has forged a new, lower buy point.
Florida Gov. Ron DeSantis (R) said Tuesday that he remains opposed to electric vehicle mandates but praised Tesla Inc.'s vehicles as "absolutely top-notch products," crediting the company's technology and performance for building a loyal customer base. DeSantis Praises Tesla While...
Ford, which failed to meet its ambitious EV targets, is now betting on the energy storage business. Can the company compete with Tesla there?
Elon Musk said Delta Air Lines Inc. passed on integrating SpaceX's Starlink internet because the carrier wanted passengers to use a branded login portal, while Starlink insisted on a seamless connection that works without one. Musk Says Delta Wanted A...
Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio. President and CEO Milton Lamb said
(Bloomberg) -- SpaceX notified investors that it is executing a 5-for-1 stock split, a move that will reduce the price investors will pay for each share offered in its impending initial public offering.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Iran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsNigerian Tycoon Femi Otedol
Tesla has introduced new, more affordable financing offers for its locally made vehicles in China. The move comes after April retail sales in China declined and the company dropped out of the country's top ten EV makers. The offers are targeted at improving affordability and shoring up Tesla's position in the world's largest EV market. Tesla, listed as NasdaqGS:TSLA, is responding to tougher conditions in China with these financing changes at a time when competition and slowing demand are...
Tesla Inc is best known as an electric vehicle company, but that narrative is shifting with renewed focus on FSD, robotaxis and the Optimus humanoid robot. One analyst thinks buying Tesla stock today could get Optimus exposure for “free” based...