JPMorgan analyst Rajat Gupta projects Tesla's robotaxi revenue to reach about $320 billion by 2035, with nearly all earnings coming from Tesla-owned vehicles rather than individual owners. This shifts the narrative from a shared ride network where owners earn passive income to a capital-intensive business model controlled by Tesla. The success depends on scaling Cybercab production, reducing costs, and regulatory approvals. Tesla's recent financials show heavy investment and margin pressure, reflecting this transition. Investors should view the robotaxi revenue as a long-term scenario with near-term challenges in profitability and cash flow.
SpaceX shares surged 8% to $171, climbing nearly 50% from recent lows and reclaiming its IPO price, boosting CEO Elon Musk's net worth. Morgan Stanley reiterated a $300 price target, while the company's Falcon 9 rocket set a record delivering astrona...
Tesla delivered 487,000 vehicles in Q3, surpassing consensus estimates by 5% and showing a slight quarterly increase despite a 2% year-on-year decline. Model 3 and Model Y deliveries rose 2% quarter-on-quarter but dropped 1% year-on-year. Production ...
Options traders are increasingly betting on a merger between Tesla and SpaceX, with Polymarket placing the odds above 60% for a deal by the end of 2027. Tesla's recent strong Q3 delivery numbers and SpaceX's fastest Falcon 9 launch-to-docking at the ...
Tesla, trading at $370.59, is the worst-performing stock among the Magnificent 7, down 17.6% year to date despite record vehicle deliveries and revenue growth. The company is heavily investing to transform into an autonomy, robotics, and AI chip firm...
Elon Musk confirmed talks with Taiwan Semiconductor Manufacturing Co (TSMC) about building a dedicated chip factory for Tesla, SpaceX, and xAI under the Terafab initiative. The factory would supply custom chips for AI, vehicles, and spacecraft, aimin...
