Tesla invested $2 billion in xAI in January 2026, but after xAI merged with SpaceX, Tesla's investment converted into SpaceX Class A common stock, giving Tesla less than 1% ownership. This move ties Tesla's AI development closely with SpaceX's Terafab project, a collaboration with Tesla and Intel to produce advanced computing chips. Tesla's AI roadmap, including a major upgrade planned for 2027, is now structurally linked to SpaceX's chip manufacturing ambitions, raising questions about Musk's priorities and potential conflicts for Tesla shareholders.
Tesla's stock is down 7% this year as its core electric vehicle (EV) sales remain flat globally, with declines in key markets like the EU and stiff competition in China. Elon Musk's AI ambitions, including costly projects like Robotaxi and Optimus ro...
SpaceX's pre-IPO filing disclosed two early-stage projects with Tesla: Macrohard, an AI software platform, and Terafab, a chip fabrication initiative. These ventures reflect a broader industry trend toward building AI infrastructure and controlling c...
SpaceX's IPO is scheduled for June 12, 2026, targeting a $2 trillion valuation that could make Elon Musk the first trillionaire. Investors are watching closely to see if Tesla shares will benefit from the SpaceX debut, as Musk's announcements often i...
Tesla has officially launched its Full Self-Driving (FSD) system in China after several years of regulatory delays. Previously, Chinese Tesla owners could only access Autopilot and Enhanced Autopilot, with FSD availability pending government approval...
Tesla’s Full Self-Driving (FSD) Supervised software has been approved for use in Lithuania, marking the second European country after the Netherlands to allow it. This expansion is crucial for Tesla and CEO Elon Musk’s goal to reach 10 million active...
