Latest news about Elon Musk, from his groundbreaking ventures like Tesla, SpaceX, and Neuralink
Tesla has continued its domination in the California auto market as the state’s New Car Dealers Association (CNCDA) has released data from the first quarter of 2025. 2025 is going to be one of the more difficult years to determine the outlook of the automotive sector due to the uncertain impact of tariffs and how … Read more
A vandal who specifically targeted Tesla and GOP Headquarters near the Albuquerque metro area has been arrested and is being connected to the attacks at both locations. In early 2025, a Tesla Showroom and GOP HQ building were attacked by homemade flammable devices. At the Tesla Showroom, two vehicles were destroyed. At the GOP, the … Read more
As it turns out, operating a fleet of Tesla police cars is very cost-effective. This is, at least, according to the Bargersville Police Department, which has seen significant savings from its fleet of Tesla police vehicles. The Bargersville Police Department’s recent comments about its savings were outlined in an IndyStar report. Big Savings The Bargersville Police … Read more
Tesla’s Gigafactory in China is officially shipping its first large batch of the new Model Y to Australia, as an outbound cargo vessel has docked at a nearby port and been loaded with almost 3,500 of the company’s vehicles. The marine vessel Great Pioneering was docked and loaded up at the Shanghai Nangang Terminal this … Read more
General Motors (GM) has paused production of its BrightDrop electric delivery vans at its CAMI Assembly plant in Ingersoll, Ontario, citing softer-than-expected demand. The halt temporarily lays off 1,200 workers and is set to last until October 2025. General Motors attributes the pause to a need to adjust its BrightDrop inventory and make production meet … Read more
Analysts have cut Rivian price targets (PT) amid concerns over President Trump’s tariffs. Baird is the latest investment firm to cut its Rivian price target. Baird analysts slashed Rivian’s PT from $16 to $14 while maintaining a Neutral rating ahead of the electric vehicle (EV) maker’s Q1 2025 earnings. Baird’s downgrade reflects caution in the … Read more
Global electric vehicle (EV) sales climbed up by 29% in March 2025, driven by robust growth in China and Europe, according to Rho Motion data. The figures highlight a resilient EV market despite trade tensions and policy shifts. Total sales of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) reached 1.7 million units globally. China led … Read more
Italy’s potential Starlink contract has sparked debate, with Defence Minister Guido Crosetto urging a focus on technical merits rather than Elon Musk’s political ties. Starlink’s proposed $1.6 billion, five-year deal with Italy remains paused amid polarized reactions. Crosetto, a senior member of Prime Minister Giorgia Meloni’s Brothers of Italy party, emphasized a neutral stance when … Read more
Wedbush analyst Dan Ives recently shared his thoughts about Tesla (NASDAQ:TSLA) amidst the Trump administration’s tariffs. As per Ives, Tesla is best-positioned relative to its rivals when it comes to the ongoing tariff issue. Ives has a price target of $315 per share for the electric vehicle maker. Best Positioned During an interview with Yahoo … Read more
Chip manufacturer Nvidia has officially started production of AI supercomputers at multiple U.S. factories operated through partnerships, marking the first such hardware to be built within the country. On Monday, Nvidia announced that its Blackwell chips have begun production at a factory operated in partnership with TSMC in Phoenix, Arizona, as detailed in a press … Read more