“The Big Short” investor Michael Burry may be on pace for a nine-figure year, with the potential payday primarily coming from Substack subscriptions rather than stocks or options.Burry said on Sunday that his Cassandra Unchained newsletter had crossed 300,000 subscribers just 231 days after launch…
EV giant Tesla Inc (TSLA) said on Friday that it has completed dismantling the original assembly line for its flagship Model S sedan and Model X SUV at its Fremont factory, completing the decommissioning in just 46 days.Tesla posted a video on X capturing heavy machinery tearing out concrete trench…
Tesla NASDAQ:TSLA shares rose about 1.5% on Thursday after UBS raised its price target on the electric vehicle maker to $442 from $364, reflecting a higher long-term valuation tied to the company's artificial intelligence and robotics initiatives.UBS analyst Joseph Spak said the revised target is d…
Investor Michael Burry (Trades, Portfolio) disclosed new bearish positions against Tesla NASDAQ:TSLA, Nvidia NASDAQ:NVDA, Caterpillar (CAT), Applied Materials (AMAT) and the iShares Semiconductor ETF (SOXX), while also maintaining his negative position on the Nasdaq-100 through put options.Burry, k…
Shares of Tesla, Inc. (TSLA) rose 0.1% overnight late Tuesday as fresh Wall Street commentary revived speculation over a potential Tesla-SpaceX merger, with JPMorgan saying that the deal could make sense but face major regulatory hurdles.TSLA stock slid 4% on Tuesday, ending the session at $ 402.90…
RBC Capital raised its price target on Tesla NASDAQ:TSLA to $500 from $475 after incorporating a premium tied to a potential combination with SpaceX.The brokerage said the higher valuation reflects unconfirmed reports of a possible transaction between the two companies. RBC said an all-stock deal…
Tesla NASDAQ:TSLA is facing renewed scrutiny after a Texas man was charged with manslaughter following a Model 3 crash into a home that killed a 76-year-old woman.Michael David Butler, 44, told paramedics the car was on Autopilot when it hit Martha Avila's home in Katy, Texas, according to an arres…
By Kentaro Otsuka and Hiroaki Otake / Yomiuri Shimbun Staff WritersSales of electric vehicles are on the rise in Japan, with the figure for the first half of 2026 reaching 59,337 units — 2.1 times the previous year's first-half figure — and accounting for a record-high share of about 3% of total pa…
Meta Platforms NASDAQ:META is reportedly exploring a major AI chip partnership with Samsung Electronics (SSNLF), as the Facebook parent pushes deeper into in-house semiconductor development. According to South Korean financial publication Sedaily, Meta is in talks with Samsung's foundry business to…
Tesla Is Maintained at Outperform by RBC Capital
Austin, Texas: Esyasoft, a global leader in energy transition technologies and an IHC subsidiary through Sirius International Holding, today announced a landmark deal with Tesla to accelerate the deployment of utility scale Battery Energy Storage Systems (BESS) across several high growth energy mar…
Shares of Tesla, Inc. (TSLA) jumped 7% on Monday after the EV maker said its robotaxi service was available in Miami, with Morgan Stanley pointing to a broader rollout that could help ease investor doubts about autonomy at scale.TSLA shares slipped 1% in after-hours trading on Monday and extended t…
Tesla NASDAQ:TSLA shares climbed about 1.5% in early Monday trading after the electric vehicle maker broadened its autonomous ride-hailing footprint with a Robotaxi rollout in Miami.Tesla's latest expansion adds a new market to its developing self-driving transportation network. Initial operations…
SpaceX NASDAQ:SPCX, Elon Musk's commercial space and satellite company, and Tesla NASDAQ:TSLA, his electric vehicle and clean energy company, appear to be moving closer toward a possible combination as investors reassess the growing overlap across Musk's business empire. Musk has not publicly confi…
Tesla, Inc. NASDAQ:TSLA rose 5.98% intraday as Wall Street analysts reaffirmed their views following stronger-than-expected second-quarter deliveries. Baird reiterated its Outperform rating with a $522 price target, while JPMorgan NYSE:JPM maintained its Neutral rating and $475 price target after T…
Tesla NASDAQ:TSLA and SoFi Technologies NASDAQ:SOFI drew fresh support from Cathie Wood's ARK Invest ahead of the U.S. Independence Day holiday, with the fund adding to both positions.Tesla represented ARK's largest purchase of the session. The firm acquired 96,935 shares valued at about $41.2 mill…
Tesla NASDAQ:TSLA expanded its Model Y lineup in the U.S. and Puerto Rico with a longer Model Y L, adding 5.9 inches and a third row to target family SUV buyers.The Model Y L comes as a 2x2x2 6-seater, with heated, power-reclining back-row seats and child-seat anchors. The second row swaps the benc…
ROBOTAXIS — A $1 TRILLION MARKET OPPORTUNITY BY 2040Morgan Stanley (MS) said the robotaxi industry has reached a turning point, with the race shifting from proving the technology to scaling operations in a market it estimates could be worth $1 trillion globally by 2040.The shift is driven by progre…
By Katrina HamlinHong Kong's latest robotaxi listing includes collision control. Momenta Global (6880.HK) sells assisted- and autonomous-driving software but more carmakers are following Tesla NASDAQ:TSLA and Xpeng's HKEX:9868 lead developing the tech in-house. That may have slammed the brakes on t…
Artificial intelligence remained the centerpiece of the technology industry in the first week of July, but it wasn't the only story driving headlines. Major investments in AI infrastructure unfolded alongside antitrust rulings, lawsuits, product strategy shifts and government actions that touched n…
