Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance. Christophe Gateau | Picture Alliance | Getty Images Elon Musk’s tunneling venture, The Boring Company, announced plans earlier…
DeWalt power tools are displayed at a Home Depot on May 2, 2025 in New York City. Michael M. Santiago | Getty Images Companies behind some of America’s best-known brands are warning that tariffs will raise costs by hundreds of millions of dollars as Friday’s key deadline nears. Firms are gearing up for the long-awaited…
The logo of LG Electronics is seen on the opening day of the Integrated Systems Europe exhibition in Barcelona on January 31, 2023. Pau Barrena | Afp | Getty Images South Korea-based LG Energy Solution announced Wednesday that it had signed a $4.3 billion contract for supplying batteries to a major corporation, without naming the…
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022.Ā Paresh Dave | Reuters Alphabet’s Waymo unit plans on bringing its robotaxi service to Dallas next year, adding to a growing list of prospective U.S. markets for 2026, including Miami and Washington, D.C. Rental car company Avis…
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images At Tesla, vehicle sales are slumping, profits are thinning and revenue from regulatory credit sales are poised to dry up due to Republican-led…
Tesla has opened the doors to its first diner Supercharger station in Los Angeles. CEO Elon Musk first teased the concept of building a drive-in themed charging station in 2018. On Monday, that vision was finally realized. Tesla describes the two-story restaurant, constructed of a steel exterior inspired by the Cybertruck, as retro-futuristic. It features…
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. Tim Goessman | Bloomberg | Getty Images In an earnings call this week, Tesla CEO Elon Musk teased an expansion of his company’s fledgling robotaxi service to the San Francisco Bay Area and other…
Nurphoto | Nurphoto | Getty Images Elon Musk is now a driving force in prediction markets. Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi‘s prediction markets service.Ā In June, xAI announced a similar deal with Polymarket, a Kalshi rival. Kalshi, the company that turned heads with a made-with-AI…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir has hit another major milestone in its meteoric stock rise. It’s now one of…
Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck The company’s digital assets are currently valued at $1.24 billion. That’s up substantially from $722 million a year ago. But anyone who’s been following the crypto market…
