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SpaceX shares fell over 6% and Tesla dropped nearly 4% on Tuesday, wiping more than $50 billion off Elon Musk's net worth and pushing him below the $1 trillion mark. Meanwhile, SpaceX's bitcoin wallet — holding 18,712 BTC — made its first transaction in six months. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Legal battle follows rejected $150 billion lawsuit.
The oldest boomers are turning 80 this year, and demand for senior housing is soaring.
SpaceX’s executive compensation filing reads unlike anything in the history of SEC paperwork. The word “Mars” appears 63 times, including inside the formal executive compensation section, and the document contains a quote from Isaac Asimov. Reporters who reviewed it noted no real precedent in the history of executive compensation. The legal condition for CEO Elon ... Elon Musk Could Get a $165 Billion Payday, But There’s Just One Problem: Traders Say It’s Never Going to Happen
China's passenger-car sales fell 23.2%, while exports and Tesla's Shanghai deliveries helped offset domestic weakness.
During an interview with CNBC, Jonas said that while SpaceX’s recent cloud compute deals are placeholders, it could face growing competition in the future.
While Tesla is just beginning to experience the civil fallout from the fatal crash in a Houston, Texas, suburb last month, the driver of the vehicle is now facing legal consequences for his role. The Model 3 of Michael David Butler, 44, crashed into a home, killing a 76-year-old woman. Footage of ...
Wall Street’s generally warm reception for SpaceX—the stock, while off post-IPO highs, remains above its IPO price, and Street analysts are broadly enthusiastic—has spilled over to companies that have some association with the company.
Tesla (NASDAQ:TSLA) and BYD (OTC:BYDDF) sit at opposite ends of the electric vehicle capital cycle. Tesla just posted Q1 revenue of $22.39B alongside surging AI spending, while BYD keeps compounding units and cash. The contrast has rarely been sharper, and the market is finally pricing it. Robotaxi Theater Meets Export Reality Tesla’s Q1 FY2026 print ... Tesla vs. BYD: Here Is My Pick in This EV Showdown
Rivian’s (NASDAQ: RIVN) stock dropped 18% on news that it would issue new equity to pay off debt. The day before, it was worth half as much as Ford (NYSE: F) based on market cap. Rivian’s is $25 billion today. Ford’s is $53 billion. Rivian’s stock is down 80% since late 2021. It went public ... Is Rivian Worth Half Of Ford?
Elon Musk’s SpaceX (NASDAQ: $SPCX) has moved some Bitcoin (CRYPTO: $BTC) out of its digital wallet, the first...
Tesla produced a new version of its Model Y crossover. Tesla stock was down 1.1% in premarket trading at $396.61, while and futures were down 0.6% and 0.9%, respectively. The stock is down despite Tesla starting production of the three-row, six-seat version of its Model Y, called the Model Y L, with L for long wheelbase.
Tesla reports second-quarter earnings on July 22.
The global market for portable DC fast chargers is set to experience significant growth, driven by increasing adoption of electric vehicles (EVs) and the demand for flexible charging solutions in remote or underserved areas. A key factor in this growth is the rise of mobile charging-as-a-service models and technology advancements, which offer rapid charging capabilities through compact, high-power systems. Notable developments in this market include portable chargers integrated into energy...
Barron's associate editor Al Root takes a closer look at Tesla's (TSLA) Robotaxi expansion, potential SpaceX (SPCX) merger, robotics business, and more.
The automaker is offering a cash yield that dwarfs the market average, but investors are hesitating for reasons buried in the balance sheet.
SpaceX (NASDAQ:SPCX) will make its Grok 4. 5 artificial intelligence model publicly available on Thursday, according to a social media post from chief executive Elon Musk.
Tesla (NasdaqGS:TSLA) has reported over US$9b in new Megapack energy storage orders tied to utility scale projects. New contracts include agreements with Esyasoft and NatPower, adding to a growing backlog of energy infrastructure work. Tesla is expanding its partnership with Sunrun and Renew Home to pool home batteries and smart devices into gigawatt scale virtual power resources for data centers and grid operators across the US. Tesla is increasingly positioning its energy storage segment...
A merger between Space Exploration Technologies Corp. (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) is possible, but significant hurdles stand in the way, say analysts. RBC’s Tom Narayan said an all-stock acquisition is the most likely structure, citing operational synergies in AI training, Tesla’s Megapack energy-storage systems, and the Terafab chip project. He estimated Tesla could “potentially” receive a 20%–30% takeover premium and raised his Tesla price target to $500 from $475, considering t
RBC took a more bullish view, raising its Tesla price target to $500 from $475, implying a 24% upside from current levels.
Tesla (TSLA) has introduced the stretched Model Y L electric SUV in the U.S., effectively expanding its most successful EV into another segment. It can cost billions to develop an all-new car from scratch. Rather than go that route, Tesla has stretched the Model Y platform to target the popular ...
Tokenized equity trading climbed to a record $3.86 billion in June as demand for blockchain-based SpaceX (NASDAQ: $...
A fund's label tells you the category, but the real story is always in the composition.
Tesla (TSLA) closed at $402.9 in the latest trading session, marking a -4.02% move from the prior day.
Tesla Gets Higher Price Target as RBC Floats Potential SpaceX Merger
For the first time, investors outside the United States can use tokenized stocks as collateral to trade perpetual futures on U.S. equities, without a traditional brokerage account. Ondo Perps, a new decentralized perpetual futures platform built on technology developed by Ondo Finance, launched on ...
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