News
Volkswagen Plans to Cut 100, 000 Jobs and Close Four German Plants
5+ hour, 39+ min ago (340+ words) Workers and politicians reacted with alarm this week after plans leaked showing Volkswagen is weighing cuts roughly twice as deep as anything it has previously floated, with up to 100, 000 jobs potentially eliminated and four German manufacturing sites shuttered over the…...
Morningstar Sees Space X Worth Half Its IPO Price
2+ week, 4+ day ago (414+ words) Morningstar thinks Space X is worth roughly half of what the rocket and satellite company is asking the public to pay. In its first research coverage of the company, the firm pegged fair value at $780 billion, far below the roughly…...
Ontario Teachers' 2019 Space X Bet Poised to Return $11. 6 Billion as Historic IPO Nears
2+ week, 4+ day ago (311+ words) Monday, June 8, 2026 Ontario Teachers" Pension Plan stands to collect up to US$11. 6 billion on the $220-million US investment it made in Space X seven years ago, as the rocket and satellite company prepares for what would be the largest initial…...
Space X Employees Pool $20 B in Equity to Squeeze Wealth Managers on Fees Before IPO
3+ week, 2+ day ago (198+ words) A group of Space X employees have organized into a collective bargaining bloc, pooling an estimated $20 billion in equity to muscle wealth managers into institutional pricing, ahead of what could be the largest IPO in history, Bloomberg reported. The effort…...
Elon Musk Floats Space X-Tesla Merger With Colleagues Ahead of IPO Week
4+ week, 2+ day ago (199+ words) Wednesday, May 27, 2026 Elon Musk has quietly raised the prospect of merging Space X and Tesla with colleagues, according to people familiar with the conversations who declined to be named given the sensitivity of the matter. The timing is pointed: Musk…...
Honda Suspends $15 Billion Ontario EV Plant Amid Weak Demand
1+ mon, 1+ week ago (319+ words) Honda's first ever full year loss came stamped with a US$2. 7 billion price tag and a clear message: the company's electric vehicle ambitions have outrun the market's appetite to absorb them. That reckoning landed hardest in Ontario, where Honda's $15-billion…...
Appalachia Is Sitting on Enough Lithium for 328 Years of America's Battery Needs
1+ mon, 3+ week ago (424+ words) Thursday, April 30, 2026 A US Geological Survey assessment published on Tuesday estimates the Appalachian region holds 2. 3 million metric tons of undiscovered, economically recoverable lithium " enough at current import levels to supply the US for 328 years and to power 130 million electric vehicles…...
Tesla Reportedly Avoided U. S. Taxes by Shifting $18 Billion in Profits Offshore
2+ mon, 6+ day ago (605+ words) thedeepdive. ca Monday, April 20, 2026 Tesla Reportedly Avoided U. S. Taxes by Shifting $18 Billion in Profits Offshore Tesla (NASDAQ: TSLA), the electric vehicle giant, has reported zero federal tax liability in the United States for each of the last twenty years, except 2023, despite…...
First Phosphate: Building a North American Battery Supply Chain from the Ground Up
2+ mon, 1+ week ago (690+ words) Saturday, April 18, 2026 FULL DISCLOSURE: First Phosphate is a sponsor of the Deep Dive. ca. When First Phosphate first hit our radar, they were like many junior stage companies asking the market to believe in a massive blueprint few believed they…...
JPMorgan Warns of 60% Downside for Tesla Stock After Q1 Delivery Miss
2+ mon, 2+ week ago (300+ words) Monday, April 13, 2026 JPMorgan has issued a stark warning on Tesla, projecting a potential 60% downside for the electric vehicle giant's stock through December 2026, following a disappointing first-quarter performance. The bank maintained its Underweight rating with a price target of $145, reflecting ongoing…...