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The Latest Breaking News from Elon Musk

Tesla Stock Is Trading Lower Thursday: What's Driving The Action?

Tesla Inc (NASDAQ:TSLA) shares are trading lower on Thursday on the heels of the company’s third-quarter results, which were released after the market close on Wednesday. Here’s a look at what you need to know.

Benzinga

Musk calls critics of his $1T salary ‘corporate terrorists’ and ponders the future of his ‘robot army’ in wild earnings call

World’s richest man lashes out over level of influence he’ll have over ‘robot army’ he says he is building

The Independent UK

Not Just Taiwan Semiconductor: Elon Musk To Also Rely On Samsung For Tesla's AI Chips

Tesla, Inc. (NASDAQ:TSLA) chief Elon Musk announced that Samsung Electronics Co., Ltd. (OTC:SSNLF) will now co-produce the automaker’s next-generation artificial intelligence chip, the AI5.

Benzinga

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Europe Plans Satellite Powerhouse To Rival Musk's Starlink

Three leading European aerospace groups announced Thursday a plan to merge their satellite operations to create a powerhouse for competing in particular against Elon Musk's Starlink internet system.

International Business Times

Outraged Mum Blasts Elon Musk's AI 'Grok' After It Told Her Kids To 'Send Nudes' — Furious Parents Call For Ban

A viral TikTok by Farah Nasser alleges Grok told her child to 'send nudes', renewing calls from consumer groups and experts for investigations and stricter safeguards.

International Business Times UK

Elon Musk's Tesla Records $80 Million Paper Profit On Bitcoin In Q3, Keeps Holdings Intact

Tesla Inc. (NASDAQ:TSLA) held on to its Bitcoin (CRYPTO: BTC) for another quarter, reporting its second consecutive paper profit from cryptocurrency holdings.

Benzinga

Aerospace groups link up to create European rival to Musk’s SpaceX

Deal between Airbus, Leonardo and Thales will bring together some of continent’s leading manufacturers

The Guardian - UK

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Tesla profits fall despite higher sales, hitting share price

Tesla reported a fourth straight decline in quarterly profit even as sales rose, triggering a drop in its shares in after-hours trading. Meanwhile, CEO Elon Musk is betting on the robotaxi branch to revitalise the company's future.

Euronews

Gary Black Says Elon Musk's 'Buzzwords And Technical Jargon' Did Little To Boost Investor Confidence Following Tesla Earnings Call

Future Fund LLC's managing director, Gary Black, says that Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's comments about the future aren't enough to instill confidence in the company's investors following a mixed Q3 earnings report.

Benzinga

Ross Gerber Still Holds Tesla Stock But Calls Elon Musk's Focus Away From EVs 'Strategic Error'

Investment firm Gerber Kawasaki's co-founder Ross Gerber thinks Tesla Inc.'s (NASDAQ:TSLA) focus shifting away from EVs could be a strategic error for Elon Musk's EV giant.

Benzinga

Elon Musk Says Tesla Robotaxi Could Go Driverless In Austin By Year-End, Walks Back Major Promise

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk expects the company to remove the onboard safety operators from the EV giant's Robotaxi operations in Austin, Texas, by the end of the year.

Benzinga

Elon Musk Says His Biggest Concern With Tesla's Optimus Robot Army Is Losing Influence Over It: 'Not Like Some Walk In The Park'

On Wednesday, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk spoke about his primary concern with the company's ambitious Optimus humanoid robot program is ensuring he retains strong influence over the future "robot army," not just the technical challenges of building it.

Benzinga

Elon Musk Calls Proxy Advisor Firms Opposing His Trillion-Dollar Pay 'Corporate Terrorists,' Accuses Them Of Voting On 'Random Political Lines'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has broken his silence on the opposition of proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis to his $1 trillion CEO compensation award.

Benzinga

Former Tesla AI Chief Gives Insights On Elon Musk's 'Unique' Style Of Running The 'Biggest Startups' On Earth — And Of Course He Is Unconventional

Andrej Karpathy, former Tesla Inc. (NASDAQ:TSLA) AI director and founding member of OpenAI, once shared a rare glimpse into Elon Musk's unconventional, high-intensity approach to leading his companies.

Benzinga

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InsideEVs

Tesla’s Robotaxi Business Is Growing. But The Hard Work Is Far From Over

Tesla is starting to tease that the training wheels could soon come off of FSD, and that starts with removing the safety driver from its Robotaxi fleet.

PC Gamer

Cards Against Humanity settles $15 million lawsuit against SpaceX, but Elon Musk 'did the legal equivalent of throwing dust in our eyes and kicking us in the balls' so backers are getting a card set about Musk instead of money

SpaceX admitted to trespassing on Cards Against Humanity's property, but the cost of a trial would likely have been more than CAH could have won.

The Guardian - US

Tesla reports steep drop in profits despite US rush to buy electric vehicles

Carmaker exceeded Wall Street’s expectations with more than $26bn in revenue, but saw a 37% drop in profits

Fortune

Tesla reports record sales, record storage—but profit slips as tax-credit rush pulls demand forward

Tesla posted all-time highs in vehicle deliveries and energy storage deployments in Q3, lifting revenue, but compressed automotive margins and a pull-forward surge before U.S. EV tax credits expired weighed on earnings and set up a tougher Q4 demand backdrop.

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International Business Times

Tesla Profits Tumble On Higher Costs, Tariff Drag

Tesla reported a hefty drop in profits Wednesday, citing a drag from tariffs and other expenses that more than offset a lift from increased auto sales.

The Independent UK

Record Tesla sales can’t help Musk avoid massive profit decline as company pursues bets on robotaxis and AI

Tesla has weathered attacks on dealers and boycotts since Elon Musk became more involved in politics

International Business Times UK

Musk's Net Worth Nears $500B Again as xAI Eyes $20 Billion Nvidia-Chip Deal for Colossus 2 Data Centre

Elon Musk's net worth is on an upward trend after steeply dropping from a record $500 billion weeks ago. His venture xAI is planning a mega chip deal with Nvidia to power its supersize data centre in Memphis.

Space

'Sean Dummy': Why is Elon Musk attacking the acting NASA chief?

Elon Musk has hammered acting NASA chief Sean Duffy repeatedly on social media over the past few days, calling him "Sean Dummy" and claiming he's "trying to kill NASA." Here's what may be going on.

The Independent UK

Elon Musk takes another shot at Transport Secretary Sean Duffy over NASA role: ‘He need moar brainz!’

The tech billionaire has called Duffy ‘dangerously stupid’ and campaigned for SpaceX astronaut Jared Isaacman to replace him as NASA chief

Benzinga

Tesla's Reality Check: Can EV ETFs Regain Power After Earnings?

Tesla’s third-quarter results this week are proving to be more than just another report card on Elon Musk’s kingdom; they’re an acid test for the entire electric vehicle (EV) ETF universe.

Benzinga

What's Going On With Tesla Stock Wednesday?

Tesla, Inc. (NASDAQ:TSLA) shares are in the spotlight on Wednesday ahead of third-quarter earnings, which are due after the market close.

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