SpaceX deal for xAI puts Elon Musk to test
Digest more
The Tesla chief said the company plans to sell Optimus robots by the end of 2027 at the World Economic Forum in Davos, Switzerland.
Shares of Chinese solar panel makers surged after a team of staff sent by Elon Musk had reportedly visited several photovoltaic suppliers in China.
Tesla is making some drastic moves to position its business for the future.
SpaceX-xAI merger creates $1T entity with million-satellite plan, but valuation gap blocks Tesla integration as analysts hold rating.
Tesla stock (NASDAQ: TSLA) tumbled over 3.5% in the early trading on Monday as the electric carmaker confronts a convergence of structural headwinds. The Elon Musk-led company is going through multiple issues at once,
CEO Elon Musk recently provided encouraging updates on Tesla's autonomous driving and humanoid robotics technology.
Binance lists TSLAUSDT perpetual contract on futures platform, offering 24/7 trading and up to 5x leverage for Tesla stock exposure.
The transaction values the new entity at $1.25trn; investors in SpaceX will be entitled to 80%, with the remainder going to x AI ’s owners (Mr Musk holds a majority stake in both). The stated rationale behind the tie-up is that the companies will work together to launch a fleet of data centres into space,