Tesla's market value has closed to about $1.43 trillion, narrowing the gap to SpaceX's $1.63 trillion valuation to roughly $200 billion. This shift follows SpaceX's recent IPO, which initially pushed its valuation above $2 trillion before a sharp stock price decline. Tesla benefits from strong profitability and growth in electric vehicles, energy storage, and AI initiatives, while SpaceX remains a high-growth play focused on space infrastructure and satellite services. Investors watch upcoming SpaceX Starship tests and Tesla's autonomous and robotics projects as key growth drivers.
SpaceX announced plans to build natural gas power plants and large battery arrays to supply electricity for its new Terafab semiconductor factory in Texas, without using solar power despite Tesla's involvement. The factory, costing an estimated $16.8...
The global software-defined vehicle (SDV) market is forecasted to grow from $447.55 billion in 2026 to $1.7 trillion by 2035, at a 16% CAGR. Growth is fueled by advances in centralized vehicle computing, AI-enabled functions, over-the-air (OTA) updat...
Major tech stocks Tesla, Nvidia, and Amazon are set to open higher following a weaker-than-expected jobs report that has investors anticipating interest rate cuts. Tesla shows potential to fill a price gap near $340, while Nvidia benefits from recent...
Tesla reported Q2 revenue of $28.24 billion, marking a 26% year-over-year increase and showing accelerating growth for two consecutive quarters. Despite strong sales, the company's gross margin fell to 16.83% and operating margin dropped to 1.41%, si...
Tesla reported a 26% year-over-year revenue increase in Q2 2026, signaling improved top-line growth after previous sluggish quarters. However, the company faces deteriorating gross, operating, and EBITDA margins, indicating profitability challenges. ...
