News

Rivian stock is gaining traction as Wall Street analysts raise price targets following the electric vehicle (EV) maker’s first-quarter earnings report. Despite a dip after the announcement, optimism surrounds Rivian’s cost control and upcoming lower-priced cars. Last week, Rivian reported a better-than-expected Q1 gross profit, surpassing Wall Street’s forecasts with adjusted losses of $0.48 per … Read more

Elon Musk recently shared a Tesla Optimus dance video, showcasing the humanoid robot’s light feet and the company’s quick progress. In 2021, Tesla announced it would develop a humanoid robot during AI Day. At the time, the company didn’t even have a prototype. To celebrate the announcement, a human dressed as a humanoid robot came … Read more

Tesla CEO Elon Musk confirmed during the Saudi-U.S. Investment Forum on Tuesday that the company’s Robotaxi platform would eventually land in the Kingdom of Saudi Arabia, essentially confirming the intention to grow a driverless fleet of vehicles outside of the United States. This is the first time Musk has specifically confirmed Tesla’s intention to expand … Read more

Tesla may already have a supercomputer cluster in the Giga Texas complex, but it seems like the electric vehicle maker is not done with its supercomputer plans just yet. Based on images taken of the Giga Texas complex recently, it appears that work is now underway to construct a new facility for Cortex 2.0, a … Read more

EU antitrust regulators are scrutinizing SES’s $3.1 billion bid to acquire Intelsat, probing whether SpaceX’s Starlink poses a credible rival in the satellite communications market. The European Commission’s review could shape the future of Europe’s space industry. The Commission has sought feedback from customers of SES and Intelsat to assess Starlink’s competitive impact. According to … Read more

Starlink services are set to transform customer experiences on ScotRail trains traversing the Scottish Highlands. The pilot program, launched in collaboration with Clarus Networks, aims to bridge the digital divide in rural Scotland. ScotRail has partnered with Clarus Networks to equip six class 158 trains with Starlink equipment for a six-month trial. The Starlink-enabled trains … Read more

A planning note reported viewed by Reuters has indicated that Tesla CEO Elon Musk has been invited to a Saudi-U.S. investment forum in Riyadh, the capital of Saudi Arabia. The event is expected to be held on Tuesday. Musk’s reported invitation comes on the sidelines of United States President Donald Trump’s visit to the Middle … Read more

Tesla shares (NASDAQ:TSLA) are on a tear on Monday’s premarket amidst reports that the United States and China have agreed to significantly roll back tariffs on each other’s goods for an initial 90-day period. As of writing, the premarket price of TSLA shares suggests that the electric vehicle maker might end Monday with a $1 … Read more

Tesla has been very secretive about the “more affordable models” that it intends to start producing in the first half of 2025, but the company does seem to be quite busy testing something interesting in the Giga Texas complex. This was, at least, as per recent aerial footage from a longtime Giga Texas watcher. The … Read more