Waymo, Google's driverless car division, leads the sector with tests in 15 markets but recent accidents in San Francisco have raised safety concerns. Incidents during a July 4 fireworks event caused traffic jams and some cars stopped unexpectedly, prompting experts to question the technology's readiness. These safety issues threaten public confidence and regulatory approval, crucial for wider adoption. Despite its lead, Waymo's progress appears stalled with more setbacks than advances.
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...
