News
Musk Pours Millions Into GOP Fight to Keep Congress
2+ hour, 48+ min ago (375+ words) By Newsmax Wires "|" Sunday, 01 February 2026 11:59 AM EST Tech billionaire Elon Musk is ramping up his involvement ahead of the midterms, pouring millions of dollars into efforts aimed at helping the GOP retain control of Congress, Politico reported, citing new campaign…...
Ford Held Talks With China's Xiaomi on EV Partnership, FT Reports
21+ hour, 30+ min ago (258+ words) Saturday, 31 January 2026 05:17 PM EST Ford has held talks with electric-vehicle maker Xiaomi about forming a joint venture to manufacture EVs in the U.S., the Financial Times reported on Saturday, citing people familiar with the matter. A Ford spokesperson denied the FT…...
Waymo Seeks About $16B at Nearly $110B Valuation, Bloomberg Reports
22+ hour, 12+ min ago (229+ words) Saturday, 31 January 2026 04:34 PM EST Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that would value it at nearly $110 billion, Bloomberg News reported on Saturday, citing people familiar with the matter. Alphabet would provide about $13 billion…...
Tesla Shifts From Cars to Chips: Revenue Down 10 Percent
1+ day, 18+ hour ago (466+ words) By Newsmax Wires "|" Friday, 30 January 2026 08:40 PM EST Tesla is accelerating a pivot away from traditional car manufacturing and toward artificial intelligence, robotics, and chip production, even as revenue from its core auto business continues to slide, CNBC reported. At its…...
Brace for Government 'Kill Switch' in Your Next Car
1+ day, 21+ hour ago (807+ words) The federal government is moving closer to giving your car the authority to decide whether you are allowed to drive " without a warrant, without due process, and with no guaranteed way to reverse the decision once it is made. This…...
Tesla Jumps 5% on SpaceX Merger Talks
2+ day, 2+ hour ago (321+ words) Friday, 30 January 2026 01:37 PM EST Shares of Tesla jumped nearly 5% Friday after reports that SpaceX was in deal talks with Elon Musk's other companies stoked investor hopes that the billionaire's tech empire could be unified further. SpaceX is in discussions to…...
SpaceX Explores Merger With Tesla or xAI
2+ day, 8+ hour ago (341+ words) By Newsmax Wires "|" Friday, 30 January 2026 07:34 AM EST Elon Musk is exploring a bold reshaping of his business empire " one that could bring SpaceX together with either Tesla or his artificial intelligence venture, xAI, Bloomberg reports. The talks are preliminary, but…...
Tesla to Invest $20B in Autonomous Driving Push
3+ day, 6+ hour ago (532+ words) Chris Kirkham and Akash Sriram Thursday, 29 January 2026 07:54 AM EST Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric…...
Tesla to Invest $2 Billion in Musk's xAI
3+ day, 23+ hour ago (559+ words) Wednesday, 28 January 2026 04:35 PM EST Tesla said Wednesday it had agreed to invest about $2 billion in Elon Musk's artificial intelligence startup xAI, deepening ties between the companies as the automaker pitches itself as an autonomy and robotics-driven company. Tesla's shares were…...
Canada's Costly China EV Bet a Big Mistake
5+ day, 23+ hour ago (1036+ words) Canada's decision to slash tariffs on Chinese electric vehicles may be presented as a pragmatic trade adjustment, but the reality is far more troubling. What the Mark Carney government calls a "strategic partnership" with China looks increasingly like a self-inflicted…...