xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development. Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the … Read more
Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state. The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations. Waymo Catches Strays Amid … Read more
The Tesla Model Y claimed its position as China’s best-selling SUV in May, with 24,770 units registered, according to insurance data from China EV DataTracker. The Model Y edged out competitors like the BYD Song Plus, which recorded 24,240 registrations, as well as Geely’s gasoline-powered Xingyue L, which took third place with 21,014 units registered, … Read more
A recent video posted on X has provided a first look at Tesla’s driverless robotaxi, which is expected to be deployed in Austin, Texas, this month. The vehicle was a new Tesla Model Y, which was followed by what appeared to be a manned chase car. The short clip suggests that Tesla may be ramping … Read more
Tesla CEO Elon Musk has revealed new details about the company’s relatively imminent rollout of the Robotaxi platform as the suspected launch date of June 12 continues to near. Earlier today, the first video showing the first driverless Tesla Robotaxi in Austin was shared on X, just a day after the City officially listed the … Read more
SpaceX is ramping up its Starship program faster than ever. With the recent movement of Booster 16 and signs of full preparation for Starship Flight 10, the next launch could be closer than expected. In this post, we’ll cover everything from Flight 10 prep, Falcon 9’s latest milestone, to updates on the delayed Axiom 4 … Read more
SpaceX is once again making headlines, and this time it’s about a revolutionary redesign that could change everything we know about rocket launches. Elon Musk has just unveiled a completely new concept for the hot staging ring—a critical component of the Starship system. The updated design isn’t just a tweak—it’s a game-changer with deep implications … Read more
When it comes to defying the laws of physics among Tesla’s EVs, the Tesla Semi stands out as a true game-changer. This electric tractor-trailer, designed to haul up to 80,000 lbs, breaks barriers once thought impossible for heavy-duty vehicles. In an industry filled with skepticism about electric trucks, Tesla is proving the doubters wrong — … Read more
The future of electric vehicles (EVs) is evolving faster than ever. Recently, scientists have developed what they call the “lithium battery killer” — a revolutionary super capacitor that charges in seconds, promising to transform how we power our cars, drones, and even smartphones. Imagine charging an EV to 80% in just 72 seconds and fully … Read more
Cathie Wood shared that Tesla is her top stock pick. During Steven Bartlett’s podcast “The Diary Of A CEO,” the Ark Invest founder highlighted Tesla’s innovative edge, citing its convergence of robotics, energy storage, and AI. “Because think about it. It is a convergence among three of our major platforms. So, robots, energy storage, AI,” … Read more