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SpaceX to report first earnings on Aug. 4: What to expect
Yahoo Finance Video26d agoneutralVIDEO
SpaceX to report first earnings on Aug. 4: What to expect

Since going public on June 12, SpaceX (SPCX) confirmed that it will report its first quarterly earnings results on Tuesday, August 4. Yahoo Finance Senior Business Reporter Ines Ferre and Senior Reporter Brooke DiPalma join the Opening Bid panel to talk more about what investors could be expecting after SpaceX's stock has since fallen below its IPO price.

Tesla expands robotaxi service to Orlando, Tampa ahead of earnings
Reuters26d agoneutral
Tesla expands robotaxi service to Orlando, Tampa ahead of earnings

Tesla on Tuesday expanded its robotaxi service to Orlando and Tampa, as ‌the electric-vehicle maker races to prove that ‌it can scale its autonomous ride-hailing business beyond its initial ​launch markets. The move comes a day before Tesla reports second-quarter earnings, with Wall Street closely watching the progress on robotaxis, which underpin much of the company's ‌valuation as CEO ⁠Elon Musk shifts focus toward artificial intelligence, autonomous driving and humanoid robots. Tesla launched its ⁠robotaxi service in Austin in June last year and expanded to Dallas and Houston earlier this year ​and ​Miami this month.

This Week In Energy Transition - SunPower Leads Renewable Shift With Major Solar Project
Simply Wall St.26d agoneutral
This Week In Energy Transition - SunPower Leads Renewable Shift With Major Solar Project

SunPower Inc. has successfully completed a major solar project at the Millenium community in Palm Desert, California, furthering the energy transition towards renewable sources. This 977-kilowatt solar system will annually generate over 1.6 million kWh of clean energy, showcasing the increasing adoption of sustainable infrastructure in residential communities. SunPower's achievement in this project, supported by a high Net Promoter Score (NPS) of 90, underscores the growing momentum and...

Tesla cash burn to test investor faith in AI bets
Reuters26d agoneutral
Tesla cash burn to test investor faith in AI bets

Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets ‌will pay off. CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses ‌such as self-driving taxis and humanoid robots. However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and ​manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.

Tesla (TSLA) Tests Semi On Chicago Routes As Fair Value Debate Heats Up
Simply Wall St.26d agoneutral
Tesla (TSLA) Tests Semi On Chicago Routes As Fair Value Debate Heats Up

Paper Transport LLC’s new partnership with Tesla (TSLA) to test the Tesla Semi Long Range on fixed Chicago routes gives investors a fresh, real world data point on the company’s battery electric freight ambitions. See our latest analysis for Tesla. Tesla’s share price has recently been under pressure, with a 1 day share price return of 2.96% lower and the year to date share price return down 15.64%, even as the 1 year total shareholder return of 12.51% and 5 year total shareholder return of...

Ahead of Tesla Earnings, Gary Black Says Cybercab Fleet Milestone Is 'Irrelevant' Until This Critical FSD Goal Is Achieved: 'Just for Show'
Benzinga26d agoneutral
Ahead of Tesla Earnings, Gary Black Says Cybercab Fleet Milestone Is 'Irrelevant' Until This Critical FSD Goal Is Achieved: 'Just for Show'

Tesla Inc.‘s (NASDAQ:TSLA) Cybercab fleet expansion does not impress investor Gary Black of The Future Fund LLC, who says that any expansion would not amount to much unless true autonomy is achieved. Cybercab Irrelevant to Investors In a response to user @CuriousPejjy, who talked about the recent sighting of over 245 Cybercab units at the company’s Giga Texas facility, Black said that the number of “cybercabs parked at Giga Texas is irrelevant to investors” as long as the vehicles could not auto

Asia stocks up as chip stocks recover, oil eases
AFP26d agoneutral
Asia stocks up as chip stocks recover, oil eases

Asian stocks mostly rebounded after days of losses on Tuesday led by technology shares, while oil prices eased slightly even as Iran said it had struck hit US military targets in Bahrain and Kuwait.Iran's Revolutionary Guards said on Tuesday they hit US military targets including air defence systems in Bahrain and Kuwait, state news agency IRNA reported.