Latest news about Elon Musk, from his groundbreaking ventures like Tesla, SpaceX, and Neuralink
Tesla CEO Elon Musk confirmed today during the company’s Q1 2025 Earnings Call that his time allocation to the Department of Government Efficiency (DOGE) will drop “significantly,” as he will now turn more of his attention back to the automaker. “I believe the right thing to do is to fight the waste and fraud and … Read more
Tesla’s (NASDAQ:TSLA) Q1 2025 earnings call comes on the heels of the company’s Q1 2025 Update, which was released after the closing bell on April 22, 2025. Tesla’s Q1 2025 Results: Total Revenues: $19.3 billion Total automotive revenues: $13.967 billion Total GAAP gross margin: 16.3% Gross Profit: $3.15 billion EPS non-GAAP: $0.27 per share Free cash … Read more
Ukraine is exploring EU satellite alternatives to Starlink, driven by concerns over Elon Musk’s unpredictability. Starlink remains vital for Ukraine’s battlefield connectivity and cannot be easily replaced. While the European Union has started developing Starlink alternatives, they have not quite reached SpaceX’s capacity to provide internet connection. Starlink’s Critical Role and Vulnerabilities Starlink’s 7,000+ satellite … Read more
Rivian has strengthened its AI strategy by appointing Aidan Gomez, co-founder and CEO of generative AI startup Cohere, to its board. Gomez’s appointment was announced through a regulatory filing. The move underscores Rivian’s ambition to lead in automotive software and AI-driven autonomy. Gomez is a data scientist and AI expert. He launched Cohere in 2019, … Read more
Tesla (NASDAQ:TSLA) is expected to release its first quarter 2025 results after markets close today, April 22, 2025. At 4:30 p.m. Central Time / 5:30 p.m. Eastern Time, executives such as CEO Elon Musk will also be holding a Company Update and the Q1 2025 earnings call. Tesla Q1 Deliveries and Production Tesla missed estimates … Read more
During a recent investor call, Elon Musk reportedly hinted at a major valuation adjustment for his artificial intelligence startup, with the Tesla and SpaceX CEO stating that he was looking to put a “proper value” on xAI. The report was initially shared by CNBC’s David Faber during a segment on the Faber Report. Investor Call … Read more
Tesla is seeing robust sales in Japan. This was hinted at in data from the Japan Automobile Importers Association’s “others” category, which indicated a 56% yearly increase to 2,120 units in Q1 2025. Tesla constitutes most of the vehicles in the Japan Automobile Importers Association’s “others” category, as noted in a Nikkei Asia report. Japan’s … Read more
Tesla looks to be getting closer to opening its highly anticipated diner, drive-in movie theater, and Supercharger location in Southern California, after the company began construction on the project in the latter part of 2023. On Sunday, X user BLKMDL3 stopped by the Hollywood Tesla Diner location and shared photos of the site, noting that … Read more
Tesla could face a new tax on the emissions credits it sells to other automakers, as introduced this month by legislators in the state of Washington. As detailed in an op-ed from the Wall Street Journal on Monday, Democrats in Olympia have filed two companion bills proposing a 10 percent tax on the electric vehicle … Read more
Elon Musk has responded sharply to a lawsuit alleging that Tesla speeds up its vehicles’ odometers to avoid paying for warranty-covered repairs. Musk’s comment about the lawsuit’s allegations were posted on social media platform X. The Lawsuit’s Allegations The proposed class-action lawsuit claimed that Tesla is speeding up its vehicles’ odometers so that they can … Read more