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Alphabet stock's sharp slide was dragging down the Nasdaq. The tech-heavy index was down 1%. The S&P 500 was down 0.3%. The Dow, which does not include Alphabet, was up 183 points, or 0.4%. Shares of the Google parent tumbled more than 6%.
Lucid is cutting jobs for the second time this year as the electric-vehicle maker pushes toward profitability.
The rumor that Elon Musk may merge SpaceX and Tesla will only further disconnect the carmaker's valuation from its performance, Jefferies says. Cathie Wood bought almost 55,000 shares of Tesla on Friday.
A woman in Texas was killed when a Tesla (NASDAQ: TSLA) crashed into her home. The car was traveling at a high speed. It may be that the driver was using one of Tesla’s self-driving features. Early reports say the driver was not impaired by alcohol or drugs. No matter what car was involved, it ... Why Tesla Fatal Accidents Don’t Matter To The Company’s Success
Tesla Inc's (NASDAQ:TSLA) fundamentals are improving in visible ways: vehicle sales accelerating 15% year-on-year, battery storage deployment reaching 11Gwh with $3bn revenue, and auto gross margins recovering to 18.3%. Jefferies analyst sees genuine operational progress. Yet the stock trades...
Tesla (NASDAQ:TSLA) doesn’t pay a dividend, and it probably never will, given that investors would probably prefer that Elon Musk reinvest in some of his new, ambitious ideas. For income investors, it might make sense to own Tesla shares alongside some other dividend-paying securities in a “barbell” portfolio of sorts. For those who want income ... How Tesla Investors Are Generating Weekly Income With TSLW Without Selling a Share of TSLA
The market’s attention has been fixed on SpaceX‘s (NASDAQ:SPCX) historic public debut and the company’s rapid climb toward a valuation exceeding $2 trillion. Yet the bigger story may not be the IPO itself. It may be what Elon Musk does next. Over the past several years, Musk has increasingly consolidated businesses that share technology, talent, ... Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?
Tesla (TSLA) is valued at more than $1.2 trillion. The automotive business holding that number up is shrinking. Full-year 2025 revenue came in at $94.8 billion, down 3 percent, the company's first annual revenue decline ever. Auto revenue fell 10 percent to $69.5 billion, margins are tighter, and BYD and other Chinese automakers keep gaining global share.
There are signs Tesla's struggling electric-vehicle business is turning around.
The firm trimmed its Tesla target to $375 and flagged merger speculation as a new risk.
Vice President JD Vance said that President Donald Trump supports the U.S. government taking ownership stakes in major artificial intelligence companies, likening the idea to a sovereign wealth fund-style approach, while Elon Musk countered that direct cash payments to Americans would work better. Trump Backs AI Ownership Stakes Speaking on an episode of The Diary Of A CEO that aired Thursday, Vance said Trump has stated the position publicly and called it unconventional for a Republican adminis
Signs from the job market that Tesla is seriously commited to investing for future business growth in South Asia.
Investigators reviewing whether driver-assistance system was active
Tesla (TSLA) has taken a lot of criticism for its self-driving ambitions. Regulators have cast doubt on the company’s safety assertions. Critics say Full Self-Driving is still an overhyping of what the system can perform. And competitors in China have been working hard to develop their own superior ...
Jefferies has reduced its price target on Tesla (NASDAQ:TSLA) to $375 and identified what it sees as an emerging structural risk for shareholders: the possibility that expectations surrounding a future combination with SpaceX (NASDAQ:SPCX) could cause Tesla shares to increasingly trade as a proxy for SpaceX. The brokerage argues that growing investor belief in a potential merger between the two companies may begin to influence Tesla’s valuation independently of its own business performance.
Investing.com - Jefferies has trimmed its Tesla (NASDAQ:TSLA) price target to $375 and flagged a new structural risk for the stock: that growing market consensus around a Tesla-SpaceX merger could effectively transform TSLA shares into a de facto SpaceX (NASDAQ:SPCX) tracking stock.
The company’s CEO, Adam Goldstein, takes an optimistic outlook on the future of air taxis.
He estimated that if SpaceX grows from $1 trillion to $2 trillion, the stock-based deal becomes far cheaper in hindsight.
SpaceX just had its IPO, with Anthropic and OpenAI both set to launch initial public offerings soon — their collective financial weight threatens to burst the AI bubble
Does consolidating this much control clear the path to the biggest merger in history?
Cathie Wood’s aggressive buying signals strong confidence in SpaceX, but investors must decide whether Elon Musk’s ambitious AI vision can ultimately justify the company’s lofty valuation.
Meta Platforms is in the red this year and is the second-worst-performing Magnificent 7 stock so far. Here are the key challenges that the company is facing.
Tesla Inc. is getting lapped in the Texas robotaxi race. The question is whether it matters. Texas Department of Motor Vehicles data as of June 16 puts Tesla’s statewide fleet at just 69 vehicles, according to research from Bank of America. Waymo leads with 620, AVRide has 317, Nuro and Zoox round out the field at 47 and 35. Tesla is also trails its competitors in markets. The company is live in four cities, with five more listed as “preparations underway,” while Waymo operates in 11. Tesla is s
Elon Musk’s next move could be a SpaceX-Tesla merger big enough to challenge Nvidia Corp. for the title of most valuable company on Earth. Just three sessions into its IPO, SpaceX has already surged nearly 50% to roughly $2.6 trillion, leaving Tesla Inc. and its $1.5 trillion behind. The wider that gap runs, the cheaper Tesla gets to absorb, and the more control Musk keeps over whatever emerges. The Math On A $5 Trillion Giant The case for a merger, laid out this week by Bloomberg columnist Liam
Elon Musk has a number of gigantic accomplishments, but he also has a long history of overpromising and underdelivering.
Shares soared on their debut, but it probably won't last.
General Motors Company (NYSE:GM) is among the 10 Best EV Stocks to Invest In According to Hedge Funds. On June 10, Reuters reported General Motors Company (NYSE:GM) is reconsidering plans to use lithium-iron phosphate batteries for future electric vehicles. Battery chief Kurt Kelty said the company may instead prioritize lithium manganese-rich chemistry. The Detroit automaker […]
Tesla, Inc. (NASDAQ:TSLA) is among the Best EV Stocks. On June 17, Reuters reported that the Dutch road authority said about Tesla, Inc. (NASDAQ:TSLA)’s 40,000 Teslas in the Netherlands are now using “self-driving” software and collectively driven 24 million kilometers without serious incidents. The RDW agency monitors performance monthly. It stated the system, which is classified […]
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