Ross Gerber, CEO of Gerber Kawasaki, expressed skepticism about SpaceX's $2 trillion valuation ahead of its anticipated IPO, questioning how the company can justify such a high worth with around $20 billion in annual revenue. Gerber plans to sell at least half of his SpaceX shares once the company goes public and advises some SpaceX employees to do the same. He warned of a potential bubble in private company valuations and predicted a wave of private equity investors cashing out after the IPO, which could lead to valuation drops months later. Despite doubts, Gerber believes Elon Musk will honor his promise to give Tesla shareholders early access to SpaceX shares.
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...
