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Shares of Tesla fell 4.4% on Thursday after the Elon Musk-led electric vehicle maker extended its streak of earnings misses into a fourth quarter, even as sales hit record highs. Rising costs and declining revenue from highly profitable regulatory credits are squeezing Tesla’s margins, underscoring that even the EV maker is feeling cost pressures rippling […]
Tesla’s record revenue quarter has given the company a reprieve after a terrible start to 2025. But CEO Elon Musk is focused on building a “robot army” and delivering on his longstanding, unfulfilled promise of self-driving cars – tasks he must accomplish if he wants to unlock the full value of the $1 trillion compensation […]
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up for free here – just click TechCrunch Mobility! Elon Musk has never had the best relationship with regulators, often encountering or outright circumventing local and state laws where his numerous companies operate. This week […]
India cricket captain Rohit Sharma has made headlines again, this time off the cricket field, with the purchase of a brand new Tesla Model Y electric SUV. Driving the sleek vehicle to a recent awards ceremony in Mumbai, Rohit’s latest purchase quickly went viral on social media, further amplified by Tesla’s CEO Elon Musk itself, […]
TL; DR SpaceX owns approximately 8,285 BTC, valued at $1 billion after reducing initial Bitcoin reserves The 2022 market downturn led to a 70% drop in SpaceX’s Bitcoin position SpaceX is among the top corporate BTC holders and trades independently of Tesla Blockchain data confirms the long-term strategy since July 2025 SpaceX now owns approximately […]
President Trump just made it much more expensive for companies to hire foreign employees through the H-1B program. The White House Announced on Friday That Trump signed a proclamation that obliged employers to pay a substantial fee of $ 100,000 for new H-1B visa applications, a huge leap compared to the current $ 215 lottery […]
Tesla Inc Chief Executive Officer Elon Musk has bought the shares of the company worth $ 1 billion from the Open Markt. He bought shares on Friday in several tranches and at different price points, according to a legal submission of the American electric car maker. It was his first purchase of the share on […]
This week, Oracle founder Larry Ellison, 81, the world’s richest person, albeit briefly, the catching up of Tesla and SpaceX CEO Elon Musk. Ellison’s wealth grew by $ 89 billion and reached $ 383.2 billion on Wednesday, the largest one -day leap in history, Per Bloomberg. It was his first time at the number 1 […]
Larry Ellison briefly caught up with Elon Musk as the world’s richest man on Wednesday after a historic rally in Oracle Corp shares has added $ 244 billion to the market value of the software giant. The rise pushed Oracle closer to the $ 1 trillion point and fed speculation about whether the Tesla Inc […]