Tesla plans a demonstration of its next-generation Roadster at SpaceX's Texas rocket test site, potentially as soon as August 2026. The car, equipped with SpaceX cold gas thrusters, will briefly lift off the ground in a remote-controlled hover, not a full flying car. This limited-edition model is not street-legal and could cost hundreds of thousands to millions of dollars. Despite multiple delays since 2017, the demo aims to showcase new tech but carries risks, and Tesla's stock has faced pressure due to delivery plateaus and rising costs.
Elon Musk's Boring Company secured $3 billion in funding at a $23 billion valuation, led by investors from the UAE where it plans to build over 150 kilometers of tunnels, including the Dubai Loop. The company currently operates one public tunnel in L...
Baron Partners Fund achieved a strong 16.61% gain in the second quarter of 2026, driven by top contributors like Space Exploration Technologies (SpaceX), Tesla, Red Rock Resorts, Hyatt Hotels, and Birkenstock Holding. Key detractors included CoStar G...
Tesla has introduced its new Cybercab robotaxi in Austin, featuring a camera-only system and no steering wheel, signaling a major move toward AI-driven transportation. This cost-effective and scalable model could disrupt the $1.4 trillion robotaxi ma...
Ford's ambitious $30 billion plan to dominate the electric vehicle (EV) market has failed dramatically, with sales of key models like the F-150 Lightning and Mustang Mach-E plummeting by over 60-90%. In response, Ford is shifting strategy to produce ...
Space Exploration Technologies (SpaceX) successfully completed the largest initial public offering in history, raising over $85 billion. This massive capital raise highlights strong confidence in the company's growth plans and reinforces Tesla's posi...
