Latest news about Elon Musk, from his groundbreaking ventures like Tesla, SpaceX, and Neuralink
One analyst who has been a long-standing Tesla (TSLA) bull has significantly cut his price target on the company’s stock, citing recent backlash against CEO Elon Musk and U.S. President Donald Trump, though he also notes that his firm remains bullish. In a note to clients on Sunday, Wedbush Securities analyst Dan Ives said that … Read more
Tesla battery supplier LG Energy Solution reports a 138% rise in Q1 operating profits, buoyed by tax credits. The South Korean firm estimated an operating profit of 374.7 billion won ($255 million) for January to March, up from 157.3 billion won ($107 million) a year ago. The figure trounces the LSEG SmartEstimate average of 29 … Read more
Tesla has officially started rolling out a new version of its insurance program’s Safety Scores beta, improving upon a few different metrics that make up the index. As detailed on the Tesla Insurance web page, the company has updated its Safety Scores to beta version 2.2 from the previous version 2.1. The update primarily includes … Read more
Tesla has highlighted an important 4680 battery cell milestone in recent weeks, noting that its Texas manufacturing team for the hardware has scaled production enough to outpace the cost-effectiveness of outside suppliers. During Tesla’s first-quarter all-hands-on-deck meeting held a few weeks ago, CEO Elon Musk shared a number of recent milestones. One of them, as … Read more
Tesla has shared a new video showing off some of its tests of Supervised Full Self-Driving (FSD) in Europe, as the company aims to gain regulatory approval in the region in the coming months. In a post on the Europe and Middle East X account on Saturday, Tesla shared a video of some of its … Read more
One Tesla software executive is set to depart after nearly 12 years with the company, as detailed in a report this week. Tesla’s VP of Software Engineering David Lau is expected to be leaving the company, according to a report from Bloomberg that was published on Friday. Lau has worked on the company’s vehicle software … Read more
In June 2024, astronauts Barry “Butch” Wilmore and Sunita “Sunni” Williams embarked on a historic mission, the first crewed flight of Boeing’s Starliner spacecraft to the International Space Station (ISS). What was initially supposed to be a routine one-week mission quickly turned into a nine-month ordeal in orbit due to technical failures with the Starliner … Read more
Tesla has expanded its Early Access Program (EAP) to more drivers as it is allowing vehicle owners to test Full Self-Driving versions earlier than normal. The EAP allows owners to test FSD versions before they are released widely to the public. In previous years, having access to EAP was quite a privilege, but Tesla seems … Read more
Tesla is planning to build a new UFO-inspired Supercharger in the heart of Alien country — Roswell, New Mexico. Back in 1947, a crash of debris led to rumors of an alleged crash of a UFO just 75 miles north of Roswell near Corona, New Mexico. The crash was officially noted as the recovery of … Read more
Tesla (NASDAQ:TSLA) is one of the stocks in the “Magnificent Seven,” which is comprised of U.S. tech companies that have driven notable market growth. But as per finance veteran Jim Cramer, electric vehicle maker Tesla no longer qualifies for the group’s moniker. Cramer shared his thoughts about the matter in a comment to CNBC. Not … Read more