OpenAI announced it will stop providing AI models to Cursor, a coding tool company recently acquired by SpaceX, owned by Elon Musk. This move intensifies the ongoing conflict between OpenAI CEO Sam Altman and Musk, who have clashed over control and trust issues. OpenAI cited contract violations by Musk's companies as the reason for the termination, setting a shutdown date of November 12. Meanwhile, Cursor and SpaceX are in talks with OpenAI to resolve the issue, and rival AI firm Anthropic plans to support Cursor with its own AI models.
Tesla shares rose after a strong Q3 report and Barclays upgrading the stock to Buy. Key growth drivers include Robotaxi and Full Self-Driving technology, which saw significant usage growth and could start generating noticeable revenue by mid-2027. Te...
Tesla's recent report shows its highest order backlog in four years, signaling strong demand. A $1,000 investment in Tesla today could be worth about $1,182 by 2030 in the base case, driven by growth in full self-driving software, robotaxi services, ...
SpaceX stock declined nearly 9% in October, dropping from $150.86 to $137.46 despite early-month gains above $170. Investors who bought in September or early October faced losses, though the stock remains above its IPO price of $135. Analysts remain ...
Rivian's Q3 2026 results beat expectations with a 38% revenue increase and a smaller loss per share, driven by strong sales of its cheaper R2 SUV. The company raised its 2026 delivery guidance and improved its adjusted EBITDA loss outlook, signaling ...
Elon Musk expressed support for a merger between Tesla and SpaceX, calling it a good idea, but highlighted the challenge of securing a 50% vote from all Tesla shareholders, which translates to about 1.98 billion votes. The merger would face a high vo...
