News
Musk Thanks Samsung in X Post After Tesla Completes AI5 Chip Design
5+ day, 9+ hour ago (194+ words) Elon Musk said Tesla has completed the design of its in-house artificial intelligence chip, AI5. In a post on X on April 15, Musk wrote that Tesla's AI chip design team had completed the "tape-out" of AI5. He added that AI6, Dojo 3 and other…...
OCI Holdings Hits Daily Limit on Report of $720 Million Space X Polysilicon Deal
6+ day, 49+ min ago (262+ words) OCI Holdings surged on July 15 after a report said it had entered a long-term polysilicon supply agreement with Space X, the aerospace company led by Tesla Chief Executive Officer Elon Musk. The polysilicon from OCI Holdings is set to be…...
Errol Musk Says Crypto Is the Future of Finance, Traditional System Is Dead
6+ day, 23+ hour ago (242+ words) Elon Musk's father expressed strong conviction about digital assets, arguing that the traditional financial system has reached its limits. In an interview cited by crypto media outlet Be In Crypto on April 14, Errol Musk said there was "no doubt" that…...
Space X Keeps 8, 285 Bitcoin Despite $5 Billion Net Loss
1+ week, 2+ day ago (204+ words) Space X, Elon Musk's rocket and satellite company, has maintained its Bitcoin holdings despite posting a steep loss. Coin Desk reported on June 12 that Space X holds about 8, 285 Bitcoin worth roughly $603 million. The assets are held in custody at Coinbase…...
JPMorgan Says Tesla Stock Could Drop 60%, Cuts Price Target to $145
1+ week, 6+ day ago (278+ words) JPMorgan assigned Tesla a **sell rating** and an **underweight** recommendation, set a **price target** of $145, and said the stock could fall about 60%% by year-end. JPMorgan said Tesla's **unsold inventory** is rising sharply, while **production** has increased but **sales** have declined,…...
Tesla Falls 2. 15% After JPMorgan Slashes Price Target by 60%
2+ week, 3+ hour ago (314+ words) JPMorgan Chase, a leading U. S. investment bank, said Tesla shares could plunge as much as 60% from current levels. Tesla's stock subsequently came under pressure. On the 6th (local time), Tesla closed at $352. 82 on the Nasdaq, down 2. 15% from the previous session. The stock…...
Musk hires crypto-industry designer, accelerating payments push with 'X Money"
3+ week, 5+ day ago (195+ words) Forecast Trend Report by Period X, led by Elon Musk, is stepping up its expansion into payments by hiring a figure from the digital asset (cryptocurrency) industry. According to Coin Desk on the 25th (local time), X appointed Benji Taylor, who…...
[New York Stock Market Briefing] Rebound on Trump's 'TACO'" Tesla jumps 3. 5% on 'terafab' expectations
4+ week, 8+ hour ago (332+ words) Forecast Trend Report by Period Major New York stock indexes rebounded after U. S. President Donald Trump said he was in talks with Iran and put off the previously flagged attack on Iranian power plants. However, the rebound narrowed as Iran denied…...