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Tesla to inaugurate new Semi factory in Nevada next month
Electrek·6 hours ago
- 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.
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ChargePanel H1 FY26 net loss narrows to SEK 2.65 million; net sales nearly double to SEK 9.48 million
PUBT·1 hour ago
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Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·3 hours ago
- 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.
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Tesla and Other Electric Vehicle Companies Begin Massive China Recall
Motley Fool·8 hours ago
- Nine automakers including Tesla are recalling over 4 million vehicles in China due to safety concerns regarding concealed electric door handles. - Chinese regulators enforced the recall following emergency incidents where doors failed to open, while the government also instituted a ban on concealed door handles starting in 2027. - Tesla plans to address the issue near term through software updates and warning labels as investors focus on broader valuation concerns.
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Tesla ‘Robotaxi’ sold a 66-minute 2.3-mile ride and left a rider 3 miles from his destination
Electrek·9 hours ago
- Tesla's Robotaxi service in Texas is facing severe criticism and complaints from its own fans and brand ambassadors. - A self-described Tesla Ambassador reported that a 2.3-mile trip was estimated to take 66 minutes due to software bugs, ultimately forcing him to take an Uber. - Other Tesla owners have also documented frequent issues with the service, including missed pickups and drop-offs located blocks or miles away from intended destinations.
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SpaceX plans to put Nvidia-powered AI satellites in orbit next year
MarketWatch·11 hours ago
- SpaceX plans to launch its first Nvidia-powered Starmind AI satellites by the fourth quarter of 2027 and scale operations in 2028. - The partnership aims to reduce the costs of space-based data centers using the Starship rocket and expand infrastructure for Grok. - Morgan Stanley expects SpaceX to incur $53 billion in AI-related capital expenditures in 2026 and $130 billion in 2027.
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Tesla Stock Keeps The Spotlight On Founder Led Companies
Simplywall·10 hours ago
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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·11 hours ago
- 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.
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Tesla (TSLA) Beats Uber and Google with Approval for a Larger Robotaxi Fleet in Nevada
Tip Ranks·11 hours ago
- 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.
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Tesla's Biggest Robotaxi Test Arrives Sept. 3
GuruFocus·13 hours ago
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Tesla confirms Cybercab launch coming next week
Electrek·14 hours ago
- 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.
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Tesla Stock (NASDAQ:TSLA) Slips as Another Chip Engineer Departs
Tip Ranks·14 hours ago
- 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.
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