Nevada's Transportation Authority has approved permits for Tesla, Uber, and Waymo to operate commercial robotaxi services in Clark County, including Las Vegas. Tesla can deploy up to 5,000 robotaxis, Waymo 1,000, and Uber 1,000 through partners Motional and Zoox, totaling up to 8,000 vehicles over the next year. However, Tesla expects to deploy only about half that number due to operational limits. This large-scale rollout could transform local transportation, sparking debate over job impacts and road congestion, with some local taxi groups opposing the rapid expansion. Uber advocates a hybrid model combining human drivers and robotaxis to ease integration and manage demand.
Tesla announced it will reveal the long-delayed second generation Roadster on October 1. The new model, originally announced in 2017, has undergone a complete redesign and may include optional cold gas thrusters developed by SpaceX, allowing some for...
Elon Musk declared that the sun, as a massive free fusion reactor, will eventually provide 100% of humanity's energy, dismissing terrestrial fusion reactors as inefficient. Tesla's energy segment shows strong growth with rising revenue and storage de...
Investors are rotating capital into frontier tech stocks such as SpaceX, Anthropic, and OpenAI, anticipating their upcoming IPOs and signaling a shift from legacy tech giants. The FAB 10 and MANGOS baskets highlight this trend, with SpaceX's $75 bill...
Tesla's operating margins fell sharply to 1.4% and free cash flow turned negative in Q2 2026 due to heavy investments in new technologies like Robotaxi, Optimus, and Full Self-Driving (FSD). Despite these near-term financial pressures, analysts see s...
Elon Musk's Boring Company secured $3 billion in funding at a $23 billion valuation, led by investors from the UAE where it plans to build over 150 kilometers of tunnels, including the Dubai Loop. The company currently operates one public tunnel in L...
