Tesla’s Weakest Quarter in Years: Deliveries Miss Expectations
Tesla’s Q1 sales fell short, EV demand slows, older models lag, but investors watch robotaxis and AI plans.
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Space Stocks Surge as SpaceX IPO Rumors Heat Up
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.
"We Either Build Terafab or We Don't Have the Chips": Musk's Massive Austin Fab to Deliver 1 Terawatt of Compute Yearly
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.
Uber Bets $1.25 Billion on Rivian Robotaxis: 50,000 Self-Driving R2s by 2031
Uber commits up to $1.25B in Rivian to deploy 10,000+ autonomous R2 robotaxis starting 2028 in SF & Miami (first phase), expanding to 25 cities by 2031. Exclusive on Uber app.
Nvidia Supercharges Uber & Lyft: Robotaxis Hit LA and SF in 2027, Global Expansion by 2028
Uber and Lyft stocks rise after Nvidia announces expanded partnerships at GTC 2026, with Uber planning Level-4 robotaxis in Los Angeles and San Francisco in 2027, scaling to 28 global cities by 2028. Lyft boosts AI for rides and mapping.
Lucid Takes Aim at Tesla: Unveils Cybercab-Like Robotaxi Concept and $69–$199 Self-Driving Subscription
Lucid steps up competition against Tesla by unveiling a two-seater robotaxi concept called Lunar (no steering wheel!) and a flexible self-driving subscription. Meanwhile, Rivian reveals higher launch pricing for its R2 SUV.