News
Analyst: Investors should brace for Europe’s break up with US Big Tech
18+ min ago (488+ words) The signs are there: the French government has restricted the use of Zoom for its employees. In Germany, the state of Schleswig-Holstein is ending the use of Microsoft Teams among its workers. As US-EU tensions rise, Europe is looking to…...
Google’s Waymo seeking $16 billion fundraising round at $110 billion valuation
54+ min ago (356+ words) Waymo is seeking to raise $16 billion in a funding round that would value the autonomous car company at nearly $110 billion, Bloomberg reports. That's higher than earlier Bloomberg estimates for the round and more than double Waymo's 2024 valuation. Another month, another…...
China outlaws door handles Tesla is famous for
2+ hour ago (483+ words) Another month, another round of headlines about Tesla's sales in Europe " a market small enough that the company doesn't even break out its revenue separately in filings. The monthly headline bonanza around Tesla's European sales has to do with the…...
Tesla’s Europe sales get big headlines — but they’re a small part of the business
2+ hour, 29+ min ago (652+ words) Another month, another round of headlines about Tesla's sales in Europe " a market small enough that the company doesn't even break out its revenue separately in filings. The monthly headline bonanza around Tesla's European sales has to do with the…...
Tesla investors like the idea of merging with SpaceX
3+ day, 2+ hour ago (463+ words) Tesla is trading up about 2.5% in early trading Friday after reports Thursday that the Elon Musk-led company was considering a merger with SpaceX, another of Musk's many companies. That's a better showing than the stock's reaction to its better-than-expected earnings…...
The economics of Tesla the company are still all about cars. The economics of Tesla the stock are not.
3+ day, 3+ hour ago (443+ words) The company is ditching some of its EV models as it doubles down on robots, AI, energy, and self-driving. For years, Elon Musk has insisted Tesla isn't really a carmaker. Slowly but surely, that statement is getting more accurate. On…...
The rise of in-car ads: Automakers now view infotainment screens as huge possible sources of ad revenue
3+ day, 5+ hour ago (822+ words) The modern car can parallel park itself, power a house during a blackout, pick its driver up from a parking lot, and remotely control a PlayStation 5. So does it really come as a surprise that it might also try to…...
SpaceX is actually considering a merger with Tesla or xAI: Report
3+ day, 17+ hour ago (496+ words) Bloomberg reports that Elon Musk's SpaceX is considering merging with Musk's Tesla. Earlier today, Reuters had reported that SpaceX was thinking of potentially merging with xAI ahead of SpaceX's IPO this year. "The firm has discussed the feasibility of a…...
Meta and Tesla are funding the future with their core businesses — but only one of them is still growing
4+ day, 57+ min ago (753+ words) The two tech giants, on back-to-back earnings calls, made it sound like they're selling the same AI-powered future. But the picture of the underlying businesses, and how they're using AI to furnish current sales, couldn't be more different. Tesla and…...
Driverless Waymo struck a child near school in California
4+ day, 3+ hour ago (410+ words) The company reported the incident to the National Highway Traffic Safety Administration, which is currently investigating, adding fresh scrutiny to how robotaxis perform in the wild. Tesla CEO Elon Musk is reportedly exploring a merger between SpaceX and his artificial…...