Elon Musk's Tesla Hikes Cybertruck Prices by More Than 7% Despite Sluggish Sales
benzinga_article·- Tesla has increased the U.S. prices for its Cybertruck by up to $5,000, raising the Dual-Motor AWD trim by 7.1% to $74,990 and the Premium AWD trim by 6.2% to $84,990. - The price for the range-topping Cyberbeast trim remains unchanged at $99,990, while the specific motive for these price adjustments is not explicitly stated. - This pricing update occurs amid sluggish sales, with only 7,133 Cybertrucks registered in the United States through May 2026.BYD to launch Sealion 08 on September 2 as Ocean lineup's flagship SUV
CnEVPost·- BYD will officially launch the Sealion 08 SUV on September 2 as the flagship model of its Ocean lineup. - The mid-to-large-size SUV is available in plug-in hybrid and battery electric variants with pre-sales prices ranging from 230,000 yuan to 280,000 yuan. - The vehicle features advanced technologies including the second-generation Blade Battery, flash charging, and a CLTC range of up to 900 kilometers for the EV version.Elon Musk Reveals Why SpaceX Launched Tesla’s Roadster Into Orbit: ‘We Didn’t Want to Risk Anything Valuable’
benzinga_article·- SpaceX CEO Elon Musk revealed that his personal Tesla Roadster was launched into orbit in 2018 because the mission's high failure risk precluded using anything valuable. - Tesla is reportedly moving closer to unveiling its next-generation Roadster, which may feature a SpaceX-developed cold gas thruster system. - Meanwhile, SpaceX announced a partnership with NVIDIA to launch optimized chips by late 2027 alongside targets for significantly increased rocket launches.Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·- President Donald Trump purchased between $15,001 and $50,000 in SpaceX shares on June 23, 2026, following the company's record $1.77 trillion IPO. - The financial disclosure also revealed numerous other stock trades in June 2026, including investments in Berkshire Hathaway and sales of major tech stocks like Nvidia and Tesla. - The White House stated that third-party financial institutions independently manage Trump’s portfolio without any direction or influence from him or his family.S&P Global Market Intelligence Lists Top 10 HK Stocks by Short Selling Ratio Recently
AASTOCKS News·- S&P Global Market Intelligence released Hong Kong stock short-selling data as of 2025 August 21st, noting an overall average short-selling ratio of 1.20 % for the Hang Seng Index. - The top 10 listed stocks by short-selling ratio include Ali Health, Lens, ZTE, Flat Glass, Montage Tech, China Longyuan, Pop Mart, Midea Group, CATL, and China Railway. - Among these, Ali Health recorded the highest short interest ratio at 16.56 %, while Midea Group registered a short-selling ratio of 41.292 % with 82.36 million borrowed shares.Tesla to inaugurate new Semi factory in Nevada next month
Electrek·- Tesla announced the official inauguration of its new Semi factory in Nevada scheduled for September 24 2026. - The dedicated facility was built next to Gigafactory Nevada as part of a $3.6 billion expansion announced in early 2023. - The plant is designed to achieve an annual production capacity of 50,000 electric trucks, following the start of volume production in April.US Stocks Close: Dow Rises 140 Points, SOX Drops 2.7%; AI Hardware Stocks Sold Off, Memory Stocks Lead Declines; Micron Falls Over 5%
TradingKey·- The U.S. stock indices ended mixed, with the Dow rising 0.26% to 53,417.16 while the Nasdaq fell 0.76% and the S&P 500 dropped 0.28%. - AI hardware and memory stocks experienced significant sell-offs, as the Philadelphia Semiconductor Index dropped 2.7% and Micron Technology fell 5.83%. - Market sentiment was weighed down by collapsing U.S.-Canada trade talks and threats of a 50% tariff on Canadian automobiles.Tesla (TSLA) Beats Uber and Google with Approval for a Larger Robotaxi Fleet in Nevada
Tip Ranks·- Tesla secured approval from Nevada's transportation authority to operate a fleet of up to 5,000 robotaxis. - This capacity surpasses the 1,000-vehicle permit limits granted to competitors like Google's Waymo and Uber's subsidiary Aviari. - Despite this regulatory milestone, Tesla shares dropped by over 3 % to approximately $ 351 on Monday afternoon.Tesla confirms Cybercab launch coming next week
Electrek·- Tesla confirmed it will host an invite-only Cybercab launch event in Austin on September 3, 2026, while also providing a livestream for the public. - The new vehicle is a two-seat car featuring no steering wheel, which will join Tesla's existing unsupervised Robotaxi fleet of approximately two dozen vehicles operating in Austin. - Winners of the rider sweepstakes will gain exclusive access to hail the Cybercab through Tesla's existing Robotaxi app.Tesla Stock (NASDAQ:TSLA) Slips as Another Chip Engineer Departs
Tip Ranks·- Tesla experienced a nearly 2% decline in its stock price following the departure of leading AI hardware architect Shishuang Sun to the startup DensityAI. - The departure impacts Tesla's institutional knowledge as Sun held the position of Senior Director of AI Hardware Design, handling customized chip system development. - Meanwhile, Polymarket traders estimate only a 17% chance that Tesla will execute a genuine retail sale of its Cybercab to the public by the end of the year.If You Invested $1000 In Tesla Stock 10 Years Ago, You Would Have This Much Today
benzinga_article·- Tesla has outperformed the market over the past 10 years by an annualized rate of 24.83%, generating an average annual return of 38.19%. - An investment of $1,000 in Tesla stock 10 years ago would be worth $24,945.84 today, given a share price of $357.88. - The company currently maintains a market capitalization of $1.41 trillion, demonstrating the significant impact of compounded returns over time.Watch Tesla FSD v14 Lite drive over a giant log without stopping
Electrek·- A Tesla owner published footage showing a vehicle running Full Self-Driving v14.1 Lite driving straight over a road log without braking or slowing down. - The incident occurred on a wet, foggy rural road at 32 mph with the self-driving visualization active on a Hardware 3 vehicle. - This event highlights ongoing performance issues documented with Tesla's FSD Lite version on older hardware systems.