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Elon Musk says solar energy will supply 100% of humanity's needs, calling fusion reactors on Earth 'pet projects'.

Market News
12 Sep 2026
24/7 Wall Street
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Neutral
Elon Musk says solar energy will supply 100% of humanity's needs, calling fusion reactors on Earth 'pet projects'.

Elon Musk declared that the sun, as a massive free fusion reactor, will eventually provide 100% of humanity's energy, dismissing terrestrial fusion reactors as inefficient. Tesla's energy segment shows strong growth with rising revenue and storage deployments, but heavy capital spending and margin pressure highlight the costly path ahead. Musk's $25 billion investment aims to scale solar panel and battery production rapidly, though challenges remain in grid integration and resource limits. Investors will watch Tesla's energy margins and production milestones closely in the coming quarters.

More News (TSLA)

ARK Invest's AI bets focus on agent builders, trimming Robinhood shares despite CEO's 'follow the agents' advice.

ARK Invest's AI bets focus on agent builders, trimming Robinhood shares despite CEO's 'follow the agents' advice.

Cathie Wood of ARK Invest emphasized following AI agents in investing, but recent SEC filings reveal a nuanced approach. ARK increased holdings in new IPOs like SpaceX and Cerebras Systems, which support AI agent infrastructure, while reducing shares...

Market News
Neutral
4 hours ago
Tesla's 2027 growth hinges on autonomy and AI, with $600 stock a stretch but possible.

Tesla's 2027 growth hinges on autonomy and AI, with $600 stock a stretch but possible.

Tesla is investing heavily in 2026 on Robotaxi fleets, AI chips, Optimus robots, and a semiconductor fab, aiming for strong growth in 2027 despite current cash burn and missed earnings. The stock trades at a high valuation, with Wall Street expecting...

Market News
Neutral
12 hours ago
Tesla stock expected to rise up to 33% as it shifts focus to AI and robotics, says Wall Street analysts.

Tesla stock expected to rise up to 33% as it shifts focus to AI and robotics, says Wall Street analysts.

Despite Tesla stock dropping nearly 17% in 2026 so far, Wall Street analysts remain optimistic about its future. UBS raised its 12-month price target to $391 with a 'Hold' rating, while Yorkville Ives initiated a 'Buy' rating with a $500 target, anti...

Analyst Insights
Bullish
12 hours ago
Virtuix showcases AI-driven full-body simulation tech at LD Micro event, highlighting growth in defense and healthcare sectors

Virtuix showcases AI-driven full-body simulation tech at LD Micro event, highlighting growth in defense and healthcare sectors

Virtuix Holdings Inc. will present its AI-driven full-body simulation platform, Omni One, at the LD Micro 20th Annual Main Event in October 2026. The company has seen a threefold increase in Omni One orders, driven by adoption in U.S. government defe...

Market News
Bullish
13 hours ago
Tesla drivers with FSD Lite save 30% on miles driven in select states via Lemonade insurance

Tesla drivers with FSD Lite save 30% on miles driven in select states via Lemonade insurance

Lemonade now offers Autonomous Car insurance supporting more Tesla models, allowing drivers in Arizona, Colorado, and Tennessee with HW3 and FSD (Supervised) v14 Lite to save 30% on miles driven with FSD engaged. Tesla drivers with newer HW4 and FSD ...

Market News
Bullish
14 hours ago
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