A Tesla electric Semi truck was involved in its first fatal accident on June 28, 2026, in Dayton, Nevada, where it collided with a small Volkswagen Beetle, killing both occupants. The Tesla driver was unharmed, and preliminary reports suggest the truck driver may have fallen asleep. The cause of the crash is still under investigation. This incident is significant as Tesla aims to expand its electric truck sales and compete with traditional diesel truck makers, highlighting safety concerns despite the Semi's advanced safety features.
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...
Michael Burry, known for his contrarian bets, has increased his short positions on Micron Technology and the Invesco QQQ Trust despite current losses. Micron's stock has surged over 238% this year due to strong demand in the memory chip sector, but B...
Tesla and Alphabet reported Q2 2026 results showing contrasting AI strategies. Tesla's revenue rose 25.5% with record vehicle deliveries, but operating margin fell to 1.4% due to heavy spending on AI and robotics, leading to a negative free cash flow...
SpaceX shares opened above IPO price but early investors faced losses as the stock dipped after debut. Despite a recent rally nearing 40%, initial buyers still saw declines. Positive earnings and strategic investments, including Tesla's stake in a Te...
In 2025, Elon Musk received $158.3 billion in compensation as Tesla's CEO, which was 2.5 million times the pay of the average Tesla worker. This figure is an extreme example of the widening pay gap between CEOs and workers, with the average CEO-to-wo...
