Tesla CEO Elon Musk and NVIDIA CEO Jensen Huang joined President Trump's delegation to Beijing on Air Force One, highlighting their companies' critical roles in US-China tech relations. Huang's presence followed a year of lobbying to ease AI chip export restrictions, crucial as NVIDIA's China revenue has been severely impacted by current policies. Tesla's Shanghai Gigafactory and supply chains also depend heavily on China. Their close access to the President signals potential easing of trade restrictions, reflected in recent stock rallies. Investors will watch for upcoming Commerce Department licensing decisions and Tesla's regulatory filings in China as key indicators of progress.
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...
Tesla's stock is down over 20% from its January peak, but the company is investing billions in robotaxis, humanoid robots, and grid batteries that could transform its earnings by 2030. A $10,000 investment today is projected to be worth around $13,93...
