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Is Tesla (TSLA) Quietly Rewriting Its Valuation Story With Robotaxis And Grid-Scale Energy Bets?
Simply Wall St.67d agoneutral
Is Tesla (TSLA) Quietly Rewriting Its Valuation Story With Robotaxis And Grid-Scale Energy Bets?

Tesla has recently expanded its unsupervised robotaxi service across the Austin metro area, while securing additional Full Self-Driving approvals in Europe and filing to produce Megapacks and Bento inverters under US foreign-trade zone procedures in Texas. These moves deepen Tesla’s shift from a pure EV manufacturer toward an AI-, software-, and energy-infrastructure platform, with new regulatory, operational, and cost implications for its autonomy and storage ambitions. We’ll now examine...

Musk to Address ASML Event as SpaceX IPO Nears and Terafab Plans Advance (SPCX)
InvestorsHub67d agoneutral
Musk to Address ASML Event as SpaceX IPO Nears and Terafab Plans Advance (SPCX)

Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX). The appearance comes as investors await the pricing of SpaceX’s initial public offering, which is expected later on Thursday and could become the largest IPO ever completed.

SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy
Bloomberg67d agoneutral
SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy

(Bloomberg) -- The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapH-1B Visa Ru

Musk to speak at chip tool giant ASML event ahead of SpaceX IPO
Reuters67d agoneutral
Musk to speak at chip tool giant ASML event ahead of SpaceX IPO

Elon Musk is expected to appear virtually at an event by computer chip ‌equipment giant ASML on Thursday to discuss Terafab, his ‌plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of ​the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a statement.

SpaceX on cusp of record IPO that could make Musk a trillionaire
AFP68d agoneutral
SpaceX on cusp of record IPO that could make Musk a trillionaire

SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.If all goes as expected, the space and rocket company co-founded by Musk in 2002 will begin trading on the Nasdaq exchange on Friday morning, with all eyes on how Wall Street will absorb the blockbuster IPO that could send tremors across global markets.

Why SpaceX (SPCX) Could Trade Like Tesla On Steroids
Simply Wall St.68d agoneutral
Why SpaceX (SPCX) Could Trade Like Tesla On Steroids

The SpaceX trade comes within reach on June 12. Scarcity, a cult following and a story still to be proven could make for some violent swings. Swings that a new wave of leveraged products are now built around.

Tesla gets go-ahead to sell self-driving technology in Belgium
Reuters68d agobearish
Tesla gets go-ahead to sell self-driving technology in Belgium

Tesla Full Self-Driving supervised driver ‌assistance software has been ‌authorised in Belgium, Annick De Ridder, ​the transport minister of Flanders region said on Wednesday in a post on X. The approval ​allows Tesla ​to roll ‌out its technology after the company successfully carried out a series of tests in the country, she said. Belgium is ​the third country in the EU to do so ​after ‌the Netherlands and Lithuania.

Rivian’s Most Important Product Launches And The Stock Falls Apart
24/7 Wall St.68d agobearish
Rivian’s Most Important Product Launches And The Stock Falls Apart

Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart

Robinhood Enters This Hot, Lucrative Market. The Stock Is Jumping.
Investor's Business Daily68d agobullish
Robinhood Enters This Hot, Lucrative Market. The Stock Is Jumping.

Robinhood revealed that it plans to expand in the white-hot IPO market as an underwriter, disrupting a field dominated by three financial giants. The IPO market has become a hotbed of activity, with several looming or confidential initial public offerings. Goldman Sachs, Morgan Stanley and Bank of America dominate the highly lucrative IPO underwriting market, capturing a portion of proceeds as underwriting fees in exchange for acting as gatekeepers to new companies coming public.

Volkswagen Reaffirms ESG Targets, Bets on Circular Economy to Cut Costs
MarketBeat68d agoneutral
Volkswagen Reaffirms ESG Targets, Bets on Circular Economy to Cut Costs

Volkswagen (ETR:VOW3) reaffirmed its sustainability targets and outlined new circular economy initiatives during its eighth sustainability conference, with executives saying ESG remains embedded in the company’s broader strategy despite a more difficult economic backdrop. Dirk Voeste, who presented

General Motors follows Ford's lead into the battery business
Yahoo Finance Video68d agoneutralVIDEO
General Motors follows Ford's lead into the battery business

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Julie Hyman on Market Catalysts to discuss General Motors' (GM) partnership with Peak Energy, placing a big bet on sodium-ion batteries. This comes one month after Ford (F) launched Ford Energy to develop energy storage batteries.