Billionaires Ray Dalio and Elon Musk have differing opinions on wealth management, particularly with regards to the Trump Accounts initiative. Dalio, along with his wife Barbara, has announced plans to match $250 donations to children in Connecticut, following a similar donation by Michael Dell and his wife.
Tesla Shares Retreat from Record Highs: Understanding the Reason Behind the Decline
Tesla Inc shares are trading lower, pulling back after hitting all-time highs. The company’s stock surged to record levels with momentum rising into the close as excitement grows around its autonomous driving ambitions.
States Sue Over Trump Administration's Freeze on Electric Vehicle Charger Funding
A coalition of 16 states, along with the District of Columbia, has taken legal action against the US government in response to the suspension of two grant programs aimed at developing electric vehicle (EV) charging infrastructure.
California Judge Suspends Tesla's Manufacturing and Sales License for 30 Days Over 'Autopilot' Controversy
A California Administrative Law Judge has ruled that Tesla’s marketing around its Autopilot and full self-driving systems has been deceptive. As a result, the company may face punitive measures against its operations in the state.
Tesla Shares Reach Record High: Unpacking the Surge
Tesla shares have reached new all-time highs, with momentum accelerating into the close. This surge can be attributed to the company’s autonomous ambitions and its potential to unlock recurring mobility revenue at scale.
Elon Musk's SpaceX IPO Seen as Timely Move to Expand Investor Ecosystem
Elon Musk’s electric vehicle company, Tesla, is expected to reach a market capitalization of $2 trillion to $3 trillion over the next two years. Meanwhile, a potential SpaceX IPO in 2026 could give investors another way to invest in Musk’s ecosystem.
Billionaires Place High-Stakes Bets on Tesla in Q3
Billionaires and institutional investors have been making significant moves in Tesla, with some placing high-stakes bets on the company’s future. Despite retail investors debating the company’s prospects, the “smart money” has been quietly investing in Tesla.
Tesla Soars On Robot Ambitions, But Profits Remain Elusive
Tesla Inc.’s stock has regained momentum, with shares up approximately 25% year-to-date and surging over 16% in the past month. The company’s market capitalization is roughly $1.6 trillion, with the stock trading near its 52-week high of $488. However, a closer examination of the fundamentals reveals a different story.
GLJ Research's Gordon Johnson Dismisses Tesla Optimus as Unsophisticated Technology
GLJ Research analyst Gordon Johnson has expressed skepticism about Tesla’s humanoid robot ambitions, likening the Optimus robot to decades-old animatronics. Johnson predicts that Tesla will not sell any Optimus robots in 2026, casting doubt on Elon Musk’s aggressive timeline for the project.
Elon Musk's Net Worth Explodes to $677 Billion as SpaceX IPO Looms, Bringing Him Closer to Trillionaire Status
Billionaire entrepreneur and Tesla Inc. CEO, Elon Musk, has reached another personal wealth milestone, with the valuation of his privately held space transportation company, SpaceX, soaring to record new highs, ahead of a planned public offering in 2026.