Tech expert Dan Ives is forecasting a major consolidation of Elon Musk’s corporate empire, with a highly probable merger between Tesla Inc. and IPO-bound SpaceX by early 2027.
Elon Musk's FSD Admission Sparks Analyst's Surprise at Tesla's Resilient 90% Value
Gordon Johnson, founder of GLJ Research, has expressed surprise at Tesla Inc.’s lack of progress in its self-driving efforts, particularly given the company’s valuation. Johnson’s comments come after Elon Musk’s admission that Tesla’s Full Self-Driving (FSD) technology is far from ready.
Tesla May Merge with SpaceX as Investors Doubt Strategic Direction
Tesla’s strategic direction has been a subject of debate among investors, with some questioning the company’s priorities. Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, has suggested that SpaceX could potentially bail out Tesla in a deal that would be framed as a merger.
Elon Musk Allegedly Tapped SpaceX Funds to Benefit Himself and Tesla
Elon Musk borrowed $500 million from SpaceX at interest rates as low as 1%, used the rocket company to bail out a struggling solar venture, and most recently had SpaceX acquire his cash-burning AI lab.
SpaceX Valuation Exaggerated by 30%, According to 'Dean of Valuation'
SpaceX, the private aerospace manufacturer and space transport services company, is gearing up for its highly anticipated Initial Public Offering (IPO). However, according to NYU Stern professor Aswath Damodaran, also known as the “Dean of Valuation,” the company’s valuation may be exaggerated by 30%.
Cybertruck Production Underway, But Will It Meet Expectations According to Prediction Markets?
Elon Musk has announced that the Cybertruck is finally rolling off the production line. However, prediction market traders are skeptical about the production timeline and the vehicle’s potential success.
Tesla's Valuation Defies Latest Earnings Figures
Tesla Inc. is facing a growing divide between Elon Musk’s long-term investment vision and analyst concerns about weak near-term fundamentals and delayed catalysts. This disparity has raised questions about the company’s valuation and its ability to deliver on its promises.
Elon Musk Confirms April Production Start for Cybercab, Unveils Autonomous Vehicle Test Footage
Tesla has begun ramping up production of the Cybercab, in line with CEO Elon Musk’s original production timeline for the driverless vehicle. In a recent video shared on social media, Musk showcased the Cybercab being driven around and out of the Tesla Gigafactory in Texas.
SpaceX Secures $20 Billion Bridge Loan to Refinance Debt Ahead of Anticipated Summer IPO
SpaceX, founded by Elon Musk, has taken out a $20 billion bridge loan to refinance a significant portion of its existing debt. This move comes ahead of the company’s planned initial public offering (IPO) in the United States.
Ross Gerber Condemns Tesla's Decision to Discontinue Top EV Model Amid Optimus Robot Focus
Investor Ross Gerber has condemned Tesla’s decision to wind down production of the premium Model S and Model X vehicles. Gerber, a well-known investor, expressed his disappointment on social media, stating that the company is spending money to discontinue the production line of the “best EV ever made.”