Elon Musk’s official announcement to launch Terafab received ample investor acceptance, sending the share price to its new highs. The announcement ignited excitement around the company’s new production targets and long-term manufacturing ambitions. While the announcement sparked a short-term rally, Wall Street analysts are worried about the sheer technical difficulty and massive expenses centered on … Read more
Elon Musk has sent shockwaves through the technology and automotive industries by announcing one of his boldest bets. On Saturday, the billionaire CEO of Tesla (NASDAQ: TSLA), SpaceX, xAI, and The Boring Company posted on X that the ambitious “Terafab Project” would launch in one week. Terafab is Tesla’s plan for a massive semiconductor fabrication … Read more
Tesla obtained regulatory clearance to convert a $2 billion investment from xAI to SpaceX, followed by the SpaceX and xAI merger. Tesla now owns a small stake, which might be less than 1% in SpaceX. This sensitive move accelerates Tesla’s exposure in the space economy, allowing Elon Musk to expand the corporate ecosystem. According to … Read more
Tesla. Inc. is officially launching its Model YL in Australia and New Zealand in 2026, filling the long-standing gap left by the discontinuation of the Model X. The announcement is followed by the successful debut of the larger Model YL in China last year. This long-wheelbase, six-seat variant features a 2+2+2 seating layout with heated … Read more
Data released by the European Automobile Manufacturers Association (ACEA) shows that new car registrations in the EU dropped 3.9% YoY last month. Hybrid-electric cars are the most popular powertrain across the bloc, capturing 38.6% of all registrations, while petrol and diesel models continued to lose ground. However, Tesla’s market share among battery-electric vehicles (BEVs) dropped … Read more
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