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The Latest Breaking News from Tesla Inc.

SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: Report

SpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaking IPO tradition by fixing the price before investor presentations, with a significant portion allocated to retail investors. Proceeds will fund AI computing and satellite…

The Economic Times

Shifting gears: electric cars surge during fuel crisis

Australian motorists bought a record number of electric and hybrid vehicles for the third month in a row, while petrol and diesel vehicle sales slowed.

AAP

Will SpaceX IPO make Elon Musk a trillionaire?

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet's first trillionaire. Robinson said Musk could take on an "aura of God" for some people should he become the world's first trillionaire -- but…

The Economic Times

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The Company That Builds The iPhone Just Unveiled A Tesla Model Y Competitor

It’s no Apple Car, but Foxconn’s Cavira gets an LFP battery and a dual-motor powertrain that can deliver up to 468 horsepower.

InsideEVs

Who Is Andrew Left? Wall Street's Prominent Short Seller Found Guilty Of Fraud, May Face Jail Time

Andrew Left, founder of Citron Research, was found guilty of securities fraud, accused of manipulating stocks and defrauding investors, potentially facing 45 years in prison.

International Business Times UK

Tesla Is Selling Discounted Used Cybertrucks Now

The cheapest used Cybertruck in Tesla’s inventory is less than $67,000. Is that enough to convince buyers, though?

InsideEVs

SpaceX is a massive money loser. Soon you’ll be forced to buy it anyway

As SpaceX, Anthropic, and OpenAI line up to go public, S&P Dow Jones is poised to waive the profitability rule that kept Tesla out for years.

Fortune

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First Jaguar, now Ferrari: What's driving the luxury car brand design crisis?

Fans are turning on their favourite sports car brands.

Creative Bloq

Uber to begin testing autonomous robotaxis in Munich

Already part of the cityscape, in San Francisco and Beijing, driverless taxis could soon be carrying passengers in Munich if regulators give their approval.

Euronews

87-year-old Florida man dies after Tesla on Autopilot mode crashes into pond

A Florida man died after his Tesla left a road and crashed into an electrical box and plunged into a pond while operating in Autopilot mode.

The Times of India

SpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve for its cash—and an accounting headache

“Marking $1.45 billion in Bitcoin to market each quarter can produce wild swings … that have nothing to do with rocket launches or satellite performance”

Fortune

A SpaceX-Tesla union would mark the largest merger of all time. But does the math work?

A new Fortune analysis gauges what a merger would mean financially.

Fortune

The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race

The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richest people has increased to around $2.9 trillion. This rise mainly occurred during the past month,…

The Times of India

Elon Musk wants to merge SpaceX and Tesla into a $3.4 trillion giant. The problem: it would lose money from day one

A SpaceX-Tesla union would mark by far the largest merger of all time.

Fortune

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Euronews

Economy: why Poland is booming while eastern Germany falls behind

Eastern Germany risks falling behind, economists warn, while neighbours such as Poland are booming. What sets them apart, and what does the East need to turn things around?

InsideEVs

Tesla Could Build A Model 3 Plaid. That Doesn’t Mean It Will

Tesla’s top engineer says he thinks about a tri-motor Model 3 “all the time,” but the company’s priorities lie elsewhere.

TechRadar

'Our ability to achieve orbital AI at scale depends on our ability to access a sufficient number of AI chips, significantly more than are currently available to us': SpaceX admits that getting data centers in space may fall short due to a lack of chips

SpaceX admitted its orbital AI ambitions depend heavily upon scarce GPUs and uncertain semiconductor partnerships surrounding the TeraFab project.

Motor1

Rivian Says AI Will Make The Apple CarPlay Debate 'Obsolete'

The company is doubling down on its decision not to offer CarPlay and will instead focus on new AI technologies.

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InsideEVs

I Drove China's Best-Selling Car. It's On Top For A Reason

The Geely EX2, or Xingyuan, outsells everything Tesla and BYD make. In five minutes with it, you understand why.

International Business Times UK

Bernie Sanders Warns AI Could Replace Millions of Workers: 'What Are You Going To Do, Watch Elon Musk Videos?'

Senator Bernie Sanders highlights AI's impact on jobs and calls for technology that benefits all, not just billionaires, emphasizing the need for meaningful work in an AI-driven future.

MarketBeat

Wall Street Is Starting to Talk About Tesla's Endgame

The Tesla-SpaceX merger thesis is more grounded than it sounds, and if it materialises, could be the most consequential corporate merger in history.

"Completely obsolete" says major car manufacturer about Apple CarPlay – all thanks to a common trend

The future of in-car infotainment systems could be dominated by AI and voice interaction

The Independent UK

I tried the Chinese EV chargers that rival petrol filling speeds – and they’re coming to the UK

BYD’s ultra-fast Flash Chargers can fill an EV’s battery in a matter of minutes – and they’re coming to the UK this year

InsideEVs

Orders For Slate’s Sub-$30K Bare-Bones EV Truck Finally Open On June 24—But There’s A Catch

The company is taking $300 non-refundable deposits to secure a place in line for the first finished vehicles.

The Economic Times

Tesla launches 2026 Model Y Premium in India at Rs 50.89 lakh with upgraded features

Tesla introduces the 2026 Model Y Premium Rear-Wheel Drive in India. This new variant features an all-black interior and a larger touchscreen. Deliveries begin in July 2026. The Model Y Premium offers impressive storage and seating for five. It accelerates quickly and provides a good driving range.

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