Tesla shares gained as investors reacted to a 67.2% year-over-year increase in European electric vehicle sales and speculation about a potential future merger with SpaceX. Tesla sold 9,169 vehicles in Europe in April, with year-to-date sales up 61.7%. The company is expanding beyond cars into AI, robotics, and energy, with nearly 1.64 million vehicles delivered globally in 2025. Analysts are optimistic ahead of Tesla's July earnings report, expecting higher revenue and earnings per share, while the stock trades at a premium valuation.
Talk of a Tesla-SpaceX merger is intensifying as Elon Musk moves closer to taking SpaceX public. The two companies already share engineering talent and collaborate on energy, computing, and infrastructure challenges. The potential deal is largely dri...
Baron First Principles ETF declined 8.51% in the first quarter of 2026, slightly outperforming the Russell 3000 Growth Index's 9.54% loss. The drop was driven by investor worries over AI's impact on portfolio companies and geopolitical tensions from ...
Elon Musk is preparing to take SpaceX public and is considering merging it with Tesla, aiming to combine the two companies that already share engineers and collaborate on AI and power technologies. SpaceX recently valued at $1.25 trillion after mergi...
Amazon is emerging as a strong competitor to Tesla and SpaceX by leveraging its AWS cloud platform, custom AI chips, Amazon Leo satellite internet, and Zoox autonomous vehicle unit. While SpaceX and Tesla focus on Starlink, launch dominance, and robo...
American Airlines announced plans to install SpaceX's Starlink internet service on over 500 of its narrow-body Airbus aircraft, including the A321neo, starting early next year. This move follows Starlink's existing contracts with United, Southwest, a...
