Tesla is Developing a New Budget Electric SUV Smaller Than Model Y
Tesla plans a new small, cheaper electric SUV to boost sales, with simpler tech and global production, but launch is still uncertain.
Tesla plans a new small, cheaper electric SUV to boost sales, with simpler tech and global production, but launch is still uncertain.
Intel teams up with Elon Musk on “Terafab” to build super-fast chips for Tesla, SpaceX, and AI, aiming 1 TW of yearly compute power.
GM sales fell 10% in Q1 2026 due to high 2025 sales, storms, and pricey cars; some SUVs did well, EVs dropped 28%.
Tesla’s Q1 sales fell short, EV demand slows, older models lag, but investors watch robotaxis and AI plans.
Space stocks jump in premarket as reports say Elon Musk’s SpaceX plans to file for a massive $75B+ IPO as soon as this week. Rocket Lab, ASTS, and others rise on the news.
Elon Musk announces Terafab, a $20-25B Tesla-SpaceX-xAI joint venture to build the world's largest chip fab in Austin, targeting 1 terawatt of AI compute yearly for robots, cars, and space.