News
Tesla’s Cybercab, Optimus output to start ‘agonizingly slow’, ramp up later, Musk says
2+ hour, 58+ min ago (284+ words) (Reuters) : Tesla CEO Elon Musk said on Tuesday that early production rate of the company's Cybercab robotaxi and its humanoid robot Optimus will be "agonizingly slow" before accelerating over time. Much of Tesla's $1.39 trillion valuation hinges on investor expectations for…...
Nearly 23MW Naghlu solar power project inaugurated
2+ week, 14+ hour ago (345+ words) KABUL (Pajhwok): A 22.75-megawatt solar power generation project was completed and inaugurated in the Naghlu area of Surobi district in Kabul on Tuesday, officials said. Da Afghanistan Breshna Sherkat (DABS) Chief Executive Officer Dr. Abdul Bari Omar said at the…...
Musk’s xAI buys third building to expand AI compute power
3+ week, 3+ hour ago (236+ words) (Reuters) : "Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third building to expand its infrastructure, aiming to boost training capacity to nearly 2 gigawatts of compute power. The latest expansion underscores xAI's ambitious push to compete…...
Power project signed to electrify 47,000 Jawzjan homes
4+ week, 15+ hour ago (301+ words) KABUL (Pajhwok): The Ministry of Energy and Water (MoEW) on Tuesday signed a power supply project worth more than 1.8 billion afghanis with a domestic private firm to provide electricity to Qush Tepa and Darzab districts in northern Jawzjan province. The…...
Elon Musk becomes first person worth US$700 billion after court reinstates Tesla pay package
1+ mon, 11+ hour ago (223+ words) WASHINGTON (Reuters): Tesla chief executive Elon Musk has become the first person in the world with a net worth above US$700 billion, after a US court reinstated a massive stock-based pay package, according to Forbes. Forbes" billionaires index showed Musk…...
Why SpaceX IPO plan is generating so much buzz
1+ mon, 1+ week ago (607+ words) WASHINGTON (AFP): More than 20 years after founding SpaceX, the record-breaking company that transformed the global space industry, Elon Musk is planning to take the enterprise public. Here is a look at what is expected to be the largest IPO in…...
Musk’s SpaceX looks to raise over $25B in 2026 IPO, source says
1+ mon, 1+ week ago (602+ words) (Reuters): Elon Musk's SpaceX venture is reportedly looking to raise more than $25 billion through an initial public offering (IPO) in 2026, a move that could boost the rocket-maker's valuation to over $1 trillion, a person familiar with the matter told Reuters on…...
Merz demands EU scrap ban on sale of combustion engine cars
1+ mon, 3+ week ago (366+ words) BERLIN (AFP): Germany will urge the European Union to scrap a planned 2035 ban on the sale of combustion engine cars, Chancellor Friedrich Merz said Friday, as Berlin battles to boost its embattled car industry. Speaking at a press conference, Merz…...
Uber partners with Starship Technologies to launch robot deliveries in UK
2+ mon, 14+ hour ago (138+ words) (Reuters): Uber will partner with Starship Technologies to launch autonomous robot deliveries in the UK in December, with plans to expand to additional European markets next year and the U.S. in 2027, the ride-hailing firm said on Thursday. Initially, Uber Eats customers…...
Musk could become history’s first trillionaire as Tesla shareholders approve giant pay package
2+ mon, 2+ week ago (841+ words) Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade. The vote followed weeks of debate over his management record at the electric…...