Elon Musk has agreed to a 366-day lockup on his SpaceX shares following the company's IPO on June 12, meaning he cannot sell his stock for over a year unless Goldman Sachs permits it, which is unlikely. This move signals confidence in SpaceX's future performance but is unlikely to affect Musk significantly given his history of limited stock sales. Meanwhile, other insiders have more flexible selling conditions, allowing them to sell portions of their shares shortly after the IPO, which may drive early price volatility. The rapid inclusion of SpaceX in major indices could cause a strong initial rally but limits the usual price discovery period. Nvidia's CEO has expressed optimism, comparing early investment in SpaceX to early investments in tech giants like Amazon and Google.
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...
