Elon Musk thanked Micron on Tesla's quarterly call for a significant memory allocation on reasonable terms, but Tesla and SpaceX are jointly building Terafab, a chip fab at Giga Texas that could cost …
US stocks fell Thursday as Alphabet and Tesla shares dropped after both companies reported negative cash flow alongside massive AI investments, according to Northwestern Mutual Wealth Management Compa…
Tesla shares fell 11% after the company reported Q2 revenue of $28.24 billion, beating estimates of $26.3 billion, but adjusted EPS of $0.33 missed the $0.50 consensus. CEO Elon Musk tempered expectat…
Tesla shares fell 10% and Alphabet dropped 5% on July 23, 2026, as investor concerns over rising AI spending weighed on tech stocks, according to CNBC.…
Tesla delivered a record 480,126 vehicles and generated $28.24 billion in revenue in Q2, up 26% year-on-year, but operating income plunged 57% to $398 million as R&D spending on AI jumped 49% to $2.37…
Tesla shares fell 6.1% in after-hours trading on Wednesday after the EV maker's Q2 earnings per share dropped to $0.33 from $0.51 a year earlier, causing Elon Musk's net worth to fall $44.3 billion to…
Unitree Robotics founder and CEO Wang Xingxing unveiled the GD01, the world's first mass-produced, transformable mecha robot, standing 9 ft. tall and weighing half a ton, capable of carrying a human p…
Alphabet's cloud division posted an 80% year-on-year revenue surge, yet its stock fell 3% amid investor concerns over the escalating cost of AI infrastructure and geopolitical shocks. The sell-off coi…
Elon Musk urged leading AI firms to conduct peer reviews of one another's most advanced models before releasing them, The Economist reported on Thursday, as concerns grow over rapid AI development and…
Wall Street futures fell Thursday after Alphabet and Tesla earnings failed to convince investors that massive AI investments will pay off soon, with Alphabet shares sliding 3.9% and Tesla dropping 5.8…
AI companies have accumulated significant hidden debt, according to a discussion between Ed Elson and Ed Zitron, author of the Where's Your Ed At newsletter and host of the Better Offline podcast. The…
Elon Musk said Tesla should spend on AI 'as fast as we can' even if some money is wasted, as the EV giant's capital expenditure soared 142% year-over-year to $5.8 billion in Q2 2026. Tesla recorded a …
Elon Musk pledged on July 22, 2026, that his AI video tool Grok Imagine will produce a full-length, historically accurate movie of Homer's The Odyssey before the year ends, escalating his feud with Ch…
Alphabet and Tesla beat revenue expectations but saw shares fall in after-hours trading after both companies signaled another year of heavy AI infrastructure spending. Alphabet raised its full-year ca…
Tesla raised its 2026 capital expenditure guidance to over $25 billion, up from over $20 billion in January, as the EV maker bets heavily on AI, the Cybercab robotaxi program, and the Optimus humanoid…
Tesla reported record revenue of $28.24B in Q2 2026 but missed profit forecasts with adjusted EPS of $0.33 versus Wall Street expectations of $0.50-$0.53, and free cash flow swung to negative $1.1B, t…
Alphabet's stock fell 3% in premarket trading after the company reported an earnings beat but raised its AI-linked capital expenditure estimates, with investments this year now set to top $200 billion…
Tesla shares fell roughly 6% in premarket trading on July 23, dragging S&P 500 futures down about 0.3% ahead of the company's Q2 earnings report. The sell-off came despite Tesla delivering 480,126 veh…
Shares of Alphabet and Tesla fell in premarket trading on July 23 after both companies signaled larger-than-expected AI infrastructure spending, with Alphabet dropping more than 4% and Tesla sliding n…
US stock futures slipped on Thursday as investors weighed Alphabet and Tesla's capital expenditure outlooks for AI and widening Middle East attacks that pushed oil prices higher. Dow and S&P 500 futur…