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Tesla Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft”. Elon Musk’s Approximate Guesses On Thursday, the Tesla Owners Silicon Valley handle on X shared a promotional video of the Terafab facility, saying that the site will “produce over 1 terawatt of AI compute capacity per year” and that it would be a crucia

Musk said the completed complex would be 50 times the Pentagon’s size and can support over one terawatt of compute demand.

Elon Musk has a lot to gain from a potential megamerger.

Ford has been losing billions on its electric vehicle ambitions for years, so the company has switched gears. Instead of making high-end EVs that cost a lot more than its gas-powered and hybrid offerings, Ford decided to go the other way and target EVs that are affordable. It's a strategy that has ...

Investors were focused on the robotaxi rollout in terms of fleet size and the number of cities, but management has hopefully reset expectations now.

Yahoo Finance Senior Autos Reporter Pras Subramanian explains what you need to know about Rivian's (RIVN) R2 electric vehicle (EV).

Tesla Confirms $16.8 Billion AI Chip Megafactory to Power Musk's AI Empire

Tesla is spending billions on its next act, from robots to robotaxis, and the answers management gave when last pressed by analysts reveal the real risks in that strategy.

SpaceX and Tesla said they will build their massive semiconductor plant, dubbed Terafab, in Grimes County Texas. SpaceX stock was up, Tesla dipped.

Humanoid robot developer Unitree announced it will price its upcoming IPO at $22.34 a share, giving it a valuation of $9 billion. The deal will make Unitree China's first public humanoid robot company. Unitree's IPO comes at a time when investors are becoming increasingly focused on the prospect of AI-enabled robotics.

Tesla and SpaceX said Terafab will be built in Grimes County, Texas, about an hour northwest of Houston.

The purchase brings SpaceX's first-half spending on Tesla's battery storage systems to $329 million, filings show

The Texas complex aims to produce more than one terawatt of AI computing capacity annually.

The truck will be the first model built on Ford's new Universal EV Platform.

SpaceX and Circle rank among the 10 largest positions in Ark's flagship innovation fund after the firm continued buying both companies following their second-quarter earnings.

The facility in Grimes County will span more than 100 million square feet and is expected to create at least 3,000 jobs

SpaceX purchased $295 million of Tesla Megapacks during the second quarter.

SpaceX disclosed the hefty Tesla Megapack buys in new SEC filings. SpaceX stock rose modestly, while Tesla was little changed.

Tesla CEO Elon Musk and Nvidia CEO Jensen Huang have touted humanoid robots as the ultimate physical embodiment of artificial intelligence.

The American dream didn’t just get more expensive—it started asking for a six-figure salary. As home prices climbed and mortgage rates surged, buying a house slipped further out of reach for millions of Americans, fueling debate over what’s really behind...

TSLA and SPCX offer high-growth exposure to AI, autonomy, satellites and space, but steep valuations and heavy spending raise investment risks.

Was last month a warning sign or an opportunity for Tesla investors?

After months of speculation, the companies formally announced the massive project will happen just north of Houston.

Michael Burry called the 2008 housing collapse and became a legend, but his string of bearish bets against AI and the current market rally raises a question he keeps dodging: what does his actual track record look like when you demand proof?

The help that flattered the June quarter is gone from the second half, and what replaces it depends on suppliers the company does not control.

The newly public rocket company is doubling down on its operations in Grimes County, Texas, where it is also headquartered, in an effort to produce the chips it needs for its spacecraft.

SpaceX disclosed that it bought $295 million of Tesla Inc. Megapack batteries during the second quarter, highlighting the circular flow of capital, hardware and equity across two of Elon Musk’s biggest companies. Tesla Purchases Deepen Musk Company Ties The rocket...

Investing.com -- Elon Musk’s ambition to build the world’s largest semiconductor factory is officially moving forward. Today, Texas Governor Greg Abbott joined SpaceX and Tesla to confirm that Terafab—a massive, vertically integrated chip manufacturing plant—will be built in Grimes County, Texas. While Musk teased the project earlier this year, today’s announcement locks in the location and the staggering financials for the first phase of construction. Structured as a formal joint venture betwee

Tesla has cratered 27% this year while the broader market surged, yet one of Wall Street's most polarizing analysts is doubling down on a call that implies the stock nearly doubles from here. Here is what separates his vision from where prediction markets think this ends.

Kenneth Griffin built a $60 billion empire by finding the cleanest risk-reward setups in mega-cap tech, and his playbook treats NVIDIA, Tesla, and Meta very differently than the crowd does right now.