Elon Musk, CEO of SpaceX and Tesla, predicted that SpaceX could put 1 million tons of payload into orbit within the next five years, surpassing current expectations. This follows a valuation model by Mach33 suggesting over 40,000 tons of Starlink payload could be launched in the next two years. SpaceX's upcoming IPO has attracted attention, with some investors predicting a valuation as high as $30 trillion. Additionally, a class-action lawsuit has been filed against SpaceX and xAI over noise complaints related to AI datacenters in Mississippi, though Musk is not personally named in the suit.
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...
