Tesla and SpaceX announced plans to build Terafab, a large advanced semiconductor factory in Grimes County, Texas, with an initial $16.8 billion investment. The facility will be the largest manufacturing building on Earth, spanning over 100 million square feet and employing at least 3,000 people. Terafab aims to produce chips for future computing needs, supporting Tesla's robots, self-driving cars, and SpaceX's space-based data centers. The project is part of Elon Musk's vision for a future driven by AI and robotics, with potential total spending by SpaceX reaching $119 billion over multiple phases. Intel will also contribute to the project, which has raised local concerns about tax breaks and transparency.
Tesla, Inc. is increasingly becoming a software-driven company, with over 55% of new vehicle deliveries in North America now adopting its full self-drive (FSD) system. The company's paid FSD subscriptions have grown 56% year-over-year, reaching 1.48 ...
Nio's stock dropped 20% in the past month, underperforming peers like Tesla and XPeng, signaling company-specific issues rather than sector-wide problems. Despite narrowing losses in the first half of 2026, investors worry about intensified competiti...
Investor Steve Eisman, known for predicting the 2008 housing crash, criticizes Tesla's valuation as excessively high unless one believes its robotaxi business will dominate globally. Tesla's 2026 price-to-earnings ratio is about 220, far above tradit...
Tesla's stock jumped 8.7% recently due to excitement over a potential new Roadster model expected by 2027, but prediction markets assign only a 37.5% chance of its delivery by then. Despite record vehicle sales and growth in energy storage and FSD su...
Zoox's regulatory cap limiting its robotaxi fleet to 100 vehicles in Nevada will expire on September 25, enabling the Amazon-owned company to expand its commercial robotaxi service in Las Vegas. This comes as competition intensifies, with Waymo launc...
