Elon Musk, CEO of Tesla Inc. and SpaceX, has announced plans for the Terafab project, a joint venture between the two companies. This initiative aims to transform chip manufacturing for space and AI applications, marking a significant milestone in the development of autonomous technology and artificial general intelligence (AGI).
Elon Musk Found Liable for Misleading Investors in $44 Billion Twitter Deal, Faces Up to $2.5 Billion in Damages
A federal jury in San Francisco has determined that Elon Musk made misleading statements about the number of spam and bot accounts on Twitter shortly after agreeing to acquire the company for $44 billion in April 2022.
NASA Eyes SpaceX Starship as Potential Replacement for Boeing's SLS in Lunar Missions
NASA is considering altering its original plan to use Boeing’s Space Launch System (SLS) to propel astronauts into lunar orbit. Instead, the agency is looking at Elon Musk’s SpaceX to take on the venture.
Tesla Negotiating $2.9 Billion Solar Equipment Deal with Chinese Suppliers
Tesla Inc. is reportedly negotiating a significant deal with several Chinese companies to acquire solar manufacturing equipment worth $2.9 billion. This move is part of Elon Musk’s ambitious plan to boost Tesla’s solar capacity in the US, with the goal of supporting both Tesla and SpaceX operations.
Gordon Johnson Sounds Alarm on Tesla Recall Threatening Robotaxi Ambitions
Tesla Inc. is facing a significant regulatory challenge that could impact its robotaxi ambitions. The National Highway Traffic Safety Administration (NHTSA) has escalated its investigation into Tesla’s Full Self-Driving (FSD) system, moving from a Preliminary Evaluation to an Engineering Analysis. This development affects approximately 2.4 million vehicles.
James May Criticizes Tesla Model 3 for Overly Complex Controls and Defective Wipers
British motoring journalist James May, known for his work on Top Gear, has shared his thoughts on the Tesla Model 3. While he appreciated the vehicle’s quiet and refined nature, as well as its performance, he had several issues with the car.
Tesla Establishes Key US Factory as Major Hedge Against China-Related Risks
Tesla, Inc. has made a significant move in establishing a key US factory, which serves as a major hedge against China-related risks. By setting up domestic factories, Tesla is reducing its exposure to external risks such as tariffs, trade restrictions, and geopolitical shocks.
Tesla Model Y Maintains Top Spot as World's Best-Selling Vehicle for Third Consecutive Year Amid Sales Drop
Despite a decline in sales, the Tesla Model Y has maintained its position as the world’s best-selling vehicle for the third year in a row. The company announced that the Model Y was the top-selling vehicle globally in 2023, 2024, and 2025, citing data from multiple market research firms.
Tesla's Q1 Deliveries May Exacerbate Stock's Bear Market Plunge
Tesla Inc.’s latest slide has pushed the stock into a textbook bear market. The prediction markets now suggest that Q1 deliveries could add fresh downside pressure rather than relief.
Trump Administration Announces Tesla and LG Energy's $4.3 Billion Michigan Battery Factory Deal
The Department of the Interior has announced a series of deals totaling around $56 billion, including a significant partnership between Tesla Inc. and South Korea’s LG Energy Solutions. This collaboration aims to establish a $4.3 billion battery plant in Michigan, marking a substantial investment in the region’s manufacturing sector.