Tesla, Asteroid and SpaceX
Elon Musk, the billionaire CEO of Tesla and SpaceX, recently posted on X (formerly Twitter) about his love for Diet Coke. He shared that he tried drinking less of it for a month but didn’t see any benefits.
A quick look at Elon Musk’s social media pages makes it clear that he’s more focused on his work in Washington D.C. than anything involving electric vehicles (EVs) or rockets. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 Even as Tesla TSLA prepares to report its Q4 earnings and full-year guidance after market close Wednesday,
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Scientists spotted a new asteroid—turns out it was Musk’s Tesla Roadster. Who knew space junk could be this expensive… or this committed to a road trip?
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
Tesla posted a rare earnings miss for the last quarter of 2024, coupled with disappointing results amid weak sales and revenue leading to thinning profit margins.
Tesla will launch an “unsupervised, no one in the car” robotaxi service in Austin, Texas, in June, Elon Musk said in an earnings call Wednesday. “We just want to put a toe in the water, make sure everything’s okay, put a few more toes in the water, with safety of the general public and those in the car as a top priority,” Musk said.
Elon Musk has outlined an aggressive timeline for Tesla’s long-awaited robotaxi service, projecting a fully autonomous ride-hailing network in some California cities by the end of 2025. The announcement came during Tesla’s latest earnings call on Wednesday,
Elon Musk has reportedly told people he’s been sleeping in his Washington, D.C., government office, where he’s working to build Donald Trump’s Department of Government Efficiency, or DOGE. The DOGE office is housed inside the Eisenhower Executive Office Building,