Oh sure, SpaceX’s credit risk is pretty high because it’s about to borrow another $40 billion to spend on Nvidia chips, but who cares about that? SpaceX and Tesla have…
Tag: elon musk
Just because Tesla’s Optimus is in production doesn’t mean it’s actually ready
On Tesla’s earnings call Wednesday, CEO Elon Musk announced that the company had begun early production of its humanoid robot on its high-volume lines in Fremont, California. Then he laid…
Tesla says customers can add their own vehicles to the robotaxi fleet next year — will it happen?
For years, Elon Musk has been making big promises to Tesla owners about unsupervised autonomous driving and the ability to add their own vehicles to the company’s robotaxi fleet. During…
Tesla starts Optimus robot production in California as profit falls 43% | TechCrunch
Tesla has started production of its Optimus humanoid robot at its factory in Fremont, California, in a manufacturing space once dedicated to making electric vehicles, the company announced Wednesday. “The…
Flying Roadsters can’t lift Tesla’s flat Q3 revenues
As the smoke clears from its outrageous Roadster demo, Tesla reported Q3 earnings on Wednesday — and the cold reality is that revenue has flatlined. Tesla said it earned $1.7…
Tesla and SpaceX are discussing a possible merger, Musk says
Musk, who serves as CEO of both companies, said the special committees were formed at the request of shareholders and consist of independent directors (though he did not name them).…
SpaceX will try catching Starship and its booster for first time, Musk says
SpaceX CEO Elon Musk said the company would attempt to catch Starship and its booster next month, with the goal of recovering the entire orbital launch system for the first…