Elon Musk’s EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics
Inside Tesla's gigantic Gigafactory
Tesla’s groundbreaking new factory could make or break Elon Musk, the company’s charismatic but under-pressure chief executive.
The Definitive Story of Tesla Takedown
In February, a Bluesky post caught the eye of Alex Winter. The result is a coalition of environmentalists, anti-Trump advocates, and federal workers that’s been hyping Tesla’s stock slide ever since.
Is Tesla disruptive? — Benedict Evans
Car people often look at Tesla the way Nokia looked at the iPhone. “Nice ideas, but we can easily do all of that, and they don’t understand our industry.” Nokia was wrong - but will the car industry look the same? Maybe not.
What if the $3trn AI investment boom goes wrong?
Even if the technology achieves its potential, plenty of people will lose their shirts
Dropbox: the first dead decacorn
Breaking news! The stock market is crashing! Everybody panic! Unicorns are going to die!!! Ok, so maybe we’re overreacting a little. But today (Monday, August 24) saw a nice little 4% ‘correctio…
Bank Warns of Tesla Stock Collapse
HSBC stock analyst Mike Tyndall recently reiterated a "reduce" rating on Tesla, expecting the company's shares to fall over 60 percent.
How Elon Musk’s X Shapes the AI Boom
Like it or not, the artificial-intelligence race is playing out on X. That fact has some big implications.
Japan’s Nikkei Hits New Record High
The Nikkei 225 Index rose 0.8% to trade above 63,700 on Thursday, setting fresh all-time highs as strong corporate earnings and upbeat guidance reinforced investor confidence, while sustained demand for artificial intelligence-related stocks continued to drive gains. Japanese equities also mirrored a tech-led rally on Wall Street overnight, even as accelerating US inflation fueled concerns that the Federal Reserve could still opt for another rate hike. At the same time, markets remained focused on the meeting between US President Donald Trump and Chinese President Xi Jinping, with discussions expected to prioritize trade relations. Among individual movers, gains were led by Kioxia Holdings (1.7%), Furukawa Electric (1.5%), Advantest (2.8%), Fanuc (10.4%) and Resonac Holdings (15.6%). In contrast, mining firm Mitsui Kinzoku fell 11.8% after issuing a weaker profit forecast for FY2027 despite projecting higher sales.
Back To Square One - Fast Company
Jack Dorsey’s dazzling startup promised to transform the credit and finance industry with a sweeping, digitized vision of the future. After losing $100 million, has his company lost its edge?
Spend Elon Musk’s Money
What’s it like to be the richest man in the world? Find out for yourself.
China Is The World's First Electrostate - CleanTechnica
Carbon emissions in China fell slightly int he first quarter of 2025 as more renewable energy and storage came available.
MUSK | Only In Select Theaters October 9, Nationwide October 16
An incisive look behind the legend of Elon Musk, the world’s most heralded “inventor-entrepreneur” who has enormous influence on the world in which we all live.
The Value of Nothing: Capital versus Growth - American Affairs Journal
Throughout 2021, U.S. stock market valuations have hovered near all‑time highs. In June, the unadjusted price-to-earnings (P/E) ratio of the S&P 500 index eclipsed the tech boom record of 2000. Many other asset classes have attained, or nearly attained, record valuations as well. Stratospheric valuations may be partially attributable to the unique circumstances surrounding Covid-19...
EV Stupidity Checklist
Automobiles have been around for well over a century. During that time, we’ve gotten pretty good at designing and building their basic components and controls: seats, doors, pedals, steering wheels, mirrors, etc. But when today’s automakers decide to make an electric vehicle (EV), they seemingly forget much of what they once knew, creating new versions of features that are objectively, obviously worse than the time-tested designs they replace.
After Biggest IPO Ever: Is Elon Musk SpaceX's Steward?
The richest man on the planet has launched the world's biggest IPO ever. After the pricing of the SpaceX IPO was finalized yesterday, shares of the rocket-and-AI giant were traded on the NASDAQ for the first time today. The company's total valuation stands at the expected $1.75 trillion, with the roughly 550 million newly issued shares representing a value of $75 billion at the offering price ($135 per share). Shares opened approximately 11% higher on the first day of trading, touching $150. These ingredients make for the biggest IPO of all time. And for the greatest wealth in the hands of a single person: Elon Musk is, on paper at least, the first trillionaire in world history.
Elon Musk's only profitable company, Tesla, has created a cumulative grand total net income of $34 billion in its more than 20 years of existence. That's less than the total amount of US federal subsidies his empire has collectively received. The economics of Elon Musk are as bad as the politics.
Drew Harwell
Elon Musk, who has said the beneficiaries of federal spending are a "parasite class," runs businesses that have pocketed $38 billion in taxpayer-funded subsidies, loans and contracts washingtonpost.com/technology/interactive/2025/e…
