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 robots, have led to significant losses, with SpaceX's AI division alone losing $2.5 billion in Q1. While Tesla's auto revenue rose 16% year-over-year in Q1, investors await clear signs of growth in both its traditional car business and AI-related products to boost the stock. The company's future hinges on scaling these innovations and regaining market share in the competitive EV landscape.
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...
Tesla has officially launched its Full Self-Driving (FSD) system in China after several years of regulatory delays. Previously, Chinese Tesla owners could only access Autopilot and Enhanced Autopilot, with FSD availability pending government approval...
Tesla’s Full Self-Driving (FSD) Supervised software has been approved for use in Lithuania, marking the second European country after the Netherlands to allow it. This expansion is crucial for Tesla and CEO Elon Musk’s goal to reach 10 million active...
The Nasdaq-100 Index includes the largest 100 non-financial companies on Nasdaq, with a combined market cap of about $31.5 trillion. Major tech firms like Nvidia, Apple, Alphabet, and Microsoft dominate the index, while Tesla and Amazon are classifie...
