Tesla (TSLA) and SpaceX (SPCX) merger talks could face political scrutiny as Democrats question Musk's power
SpaceX's own prospectus warns that a change in party control can affect its business. The merger committees are still working out terms.
Tesla (TSLA) brought in $1.53 billion of free cash flow. Analysts expected it to lose $4.9 billion in cash.
Tesla spent billions less than analysts expected and cut its 2026 capital spending forecast to about $20 billion. Its profit fell 43%.
Tesla (TSLA) and SpaceX (SPCX) form committees to explore merger, Musk says
Independent directors at both companies are weighing a deal. Musk says he's staying out of the talks, and a Tesla vote would face a high bar.
SpaceX (SPCX), Netflix (NFLX), Meta (META), and Tesla (TSLA) Q3 earnings: what investors need to see this week
SpaceX's AI spending, Netflix's July forecast, Meta's capex range, and Tesla's margin are the numbers investors are watching.
Nasdaq futures rise 1% after AI selloff as SpaceX (SPCX), Tesla (TSLA), and Meta (META) earnings approach
Nasdaq futures led Sunday night's bounce after chip stocks' longest losing streak since 2008. Here's the week's earnings calendar.
Nasdaq posts worst week since June as memory stocks tumble. SpaceX, Tesla, and Meta report next week.
Micron lost 14.6% in a week that brought a Chinese memory launch, a hot inflation report, and two Elon Musk posts about RAM.
Tesla (TSLA) is down 19% before earnings. I think a SpaceX (SPCX) merger matters more than the quarter.
Morningstar puts most of Tesla's value in AI and robots, Tesla's own targets set the bar, and a deal could hand Musk far more control.
Trump to award science medals to Musk, Brin, Huang, and Su as disclosure shows trades in their companies
It's the first time Trump has presented the medal in either term. Dell and Nadella get a separate technology award.
Tesla (TSLA) beats third-quarter delivery estimates as Europe sales recover
Europe gave Tesla a way back to growth without US tax credits. One part of the report still came in below forecasts.
Musk says Tesla (TSLA) halved the memory on its AI5 chip to get enough for Optimus robots
Musk says it was the only way to get enough volume. He expects the smaller memory to barely affect the robot.
Tesla (TSLA) ramps Optimus to hundreds a week as hand and supplier problems persist, report says
Tesla has raised Optimus production from a few dozen robots a week to several hundred, but hand assembly, touch sensors, and supplier quality are slowing the ramp toward 1,000 a week, The Information reported.
Paramount (PSKY) reportedly discussed asking Elon Musk to invest in the company
Paramount Skydance executives have discussed asking Elon Musk to join a group of equity investors, Semafor reported, citing people familiar with the matter. Paramount declined to comment. The company is funding its pending Warner Bros. Discovery purchase partly with up to $46.7 billion of new equity.
Uber (UBER) president Andrew Macdonald bought $5.3 million of stock at $75.83. A year ago, the CEO was selling at $100.
Uber president and chief operating officer Andrew Macdonald bought 70,000 shares for $5.3 million on September 4, at an average of $75.83. It is the largest open-market purchase by an Uber insider in the Form 4 filings we have on record, and it came a day after Uber said it would cut 3,300 jobs. The stock was trading below his price on Tuesday.
Tesla (TSLA) reportedly orders parts for 5,000 Optimus robots, a year after shelving a 5,000-robot plan
A supplier-based report on the Youlianyun channel of Chinese outlet Jiemian says Tesla ordered parts for about 5,000 Optimus humanoid robots in early September. Tesla has not announced it, and the channel carries an investment-advice disclaimer.
Tesla (TSLA) opened Cybercab rides to the public in Austin, a day after NHTSA opened an audit into the car
Public rides started at 2 p.m. Central, moved up for demand. The car has no steering wheel, pedals or mirrors, and a federal audit of how Tesla certified it opened the day before.
Nvidia (NVDA) expects physical AI revenue to grow from $10 billion to $100 billion in a decade. It made $96 billion last quarter.
Nvidia VP Deepu Talla told the FT the company expects physical AI revenue to rise from $10 billion to $100 billion over the next decade. Nvidia reported $96.2 billion of revenue last quarter, which puts the ten-year target at about one quarter of current sales.
Goldman Sachs raises its 2035 humanoid robot forecast nearly fivefold to 6.48 million units
Goldman now sees 6.48 million humanoid robots shipping in 2035, up from 1.38 million, a $138 billion market. The driver is a price curve crossing labor costs, and Amazon's $72 billion in modeled savings is the proof it already works.
China aimed a $137 billion state fund at AI and robots. Korea tripled its AI budget. The US still has no robotics strategy.
China's state venture fund is aimed at about $137 billion for AI, robotics and advanced manufacturing and Beijing added more than $20 billion in subsidies in six months. Korea already has the world's most automated factories and tripled its AI budget anyway. Washington's flagship robotics institute runs on about $30 million.
Elon Musk says SpaceX will cast its own turbine blades. Howmet (HWM) has over 50% of that market.
Elon Musk says casting blades and vanes is the limiting factor for gas turbine production, and that SpaceX doing it in-house could speed new turbines by up to 18 months. Howmet (HWM), the one public pure play, says gas turbine demand is already extraordinary.
ECB researchers say an AI stock market correction is likely, even if AI delivers. European households hold €440 billion of US tech stock.
Five European Central Bank researchers wrote on Aug. 17 that "a correction of current stock market valuations is likely," even if the technology succeeds. European households hold around €440 billion of US tech stock, and the authors say there is less room to cut rates against a crash than in 2000.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Unitree's $1.2 trillion IPO frenzy says China is winning the robot race. Here's the US stock trying to catch up (CCXI)
China's Unitree IPO was oversubscribed 8,288 times and the US is behind, so the money will come. Agility Robotics (CCXI) is the highest-upside US humanoid play, and here's how to weigh it against TSLA, NVDA and TER.
Musk says memory demand grows 200% a year against 20% supply. The new Micron (MU) and SK Hynix (SKHY) plants open in 2027 and 2028
Elon Musk did the memory math out loud on SpaceX's call: supply up 20% a year, demand up 200%. Microsoft put $25 billion of its capex on memory and Amazon named it too. The plants that would fix it open in 2027 and 2028.
SpaceX (SPCX) beat on every line. The 911 million share unlock Thursday took the whole rally back
SpaceX beat on revenue, EPS and every segment in its first quarter as a public company. The stock rose 9.4%, then handed the whole move back. The reason is Thursday, when 911.5 million shares unlock against a float of about 646 million.