A Tesla Model 3 crashed into a home in Katy, Texas, killing a 76-year-old woman. The driver claimed Autopilot was active, but Tesla's Autopilot director stated the driver had overridden the system by pressing the accelerator fully, reaching 73 mph at impact. Tesla CEO Elon Musk echoed this, saying the crash speed contradicts Autopilot's slow neighborhood driving. The National Highway Traffic Safety Administration has opened an investigation, and local authorities will decide on potential criminal charges. The cause will be clarified after reviewing the vehicle's data logs.
Apple, Amazon, Tesla, and about 62 other companies have formally objected to having their shares tokenized and traded on a new blockchain stock venue co-owned by the NYSE's parent company. Under SEC rules, companies can block third-party tokenized ve...
Tesla's stock has soared since its 2010 IPO at $17, turning a $1,000 investment into about $241,852 today, driven by product launches and expansion into AI and robotics. However, recent investors face losses as the stock price has declined over the p...
SpaceX and Tesla shares fell 9% following Texas elections that brought Democratic leaders promising to halt new data center construction and investigate SpaceX's Starlink grants. This threatens SpaceX's planned data centers and Tesla's robotaxi expan...
Tesla's stock fell 9.46% in one day, dragging down popular ETFs like SPY, QQQ, and especially the Consumer Discretionary Select Sector SPDR Fund (XLY), which holds nearly 20% Tesla. This decline affected many retirement accounts even if investors nev...
Apple and Tesla both reported lower capital expenditures for 2026, with Apple cutting capex by 28.9% to $9.04 billion and Tesla reducing guidance from $25 billion to $20 billion. However, Apple's business benefits from over 1.5 billion paid subscript...
