In its Q1 2025 Update letter, Tesla shared that all Model Y and Model 3 units delivered in America use 100% U.S.-built battery packs. The announcement reveals Tesla’s forward-thinking strategies and showcases how prepared it is to take on President Trump’s auto tariffs. “Gigafactory Nevada achieved record battery pack production. Model 3 and Model Y … Read more
Wedbush Securities analyst. Daniel Ives sees a brighter future for the automaker now that Elon Musk plans to reduce his time with the DOGE team. After the company’s latest earnings call, the long-time TSLA bull raised Tesla’s price target from $315 to $350 with a BUY rating. “Last night was a pivotal conference call for … Read more
Tesla’s Q1 2025 earnings were released in an Update Letter, which was posted on the company’s Investor Relations website after markets closed today, April 22, 2025. Tesla Q1 2025 Deliveries Tesla’s first quarter vehicle deliveries fell short of expectations, with the EV maker delivering a total of 336,681 vehicles, comprised of 323,800 Model 3/Y 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
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
SpaceX is pushing forward in its relentless quest to perfect the Starship launch system, and all eyes are now on the upcoming Flight 9. With the goal of full reusability and safe, reliable launches, SpaceX is addressing key issues that plagued previous missions—particularly the catastrophic failures during descent. Among the most critical upgrades is the … 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
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
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