Tesla has officially ended production of its Model S and Model X electric vehicles after nearly 18 years. The Model S, launched in 2012, was a groundbreaking EV with a 400-mile range and helped establish Tesla as a leader in electric cars. Since the Model S debut, Tesla's stock has surged over 18,000%, turning a $1,000 investment into more than $185,000. Tesla now shifts focus to future innovations like robotaxis and the Optimus Bot, aiming for massive growth under CEO Elon Musk's vision.
SpaceX filed its S-1 with the SEC on May 20, 2026, planning a Nasdaq IPO under ticker SPCX, targeting a June 12 debut. This public filing strengthens speculation of a potential 2027 merger with Tesla, as it establishes a clear financial basis for sha...
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 Terafa...
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...
