GM will take a $1.6 billion charge on its EV business after scaling back production plans and delaying launches, reflecting lower-than-expected consumer demand and rising costs.

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With Cybertruck sales falling, Tesla is sending unsold units to Elon Musk’s other companies to absorb excess inventory and avoid deeper production cuts.

SpaceX targets an 8 a.m. ET window to fly Starship with booster and ship splashdowns for data on reentry, guidance, and engine control. The mission advances reliability for Artemis lunar work, national security payloads, and Starlink scale-up.

A covered vehicle at Tesla’s Palo Alto HQ appears to match the shape of the upcoming robotaxi, signaling that the company has begun building Cybercab hardware

Elon Musk has agreed to pay $128 million to four former Twitter executives he fired after acquiring the company, ending a legal battle over unpaid severance.

Tesla’s new “affordable” Model Y and Model 3 trim prices but not enough to change the market—they buy the company time, not transformation.

Tesla’s six-second teaser has sparked debate over whether the company will finally unveil the long-delayed Roadster or debut its long-promised affordable EV. The reveal could reset Tesla’s trajectory heading into 2025.

Senior leaders across Tesla, xAI, and X are leaving amid burnout, political friction, and strategic chaos, raising questions about how long Musk’s empire can run at this pace.

Elon Musk delays Tesla’s Full Self-Driving v14 rollout again, citing last-minute testing. The update promises a unified driving stack, smoother behavior, and stricter driver monitoring — but it’s still not in customer hands.
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OpenAI’s secondary share sales have pushed its valuation above $90 billion, edging past SpaceX, which now trades closer to $80 billion. This shift highlights the difference between AI’s fast-scaling software revenue and the capital-heavy infrastructure of space launches. We break down how ChatGPT subscriptions, enterprise integrations, and Microsoft’s backing helped OpenAI outpace SpaceX, and why investor appetite has moved from rockets to AI tools.

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