Tag TSLA

Tesla's Optimus humanoid robot is already being deployed in the group's energy storage division...

The Department of Government Efficiency, or DOGE, begins its work in earnest Thursday when Elon Musk and Vivek Ramaswamy meet with House and Senate Republicans to discuss the incoming Trump administration’s effort to cut federal spending and regulations. Musk, the world’s richest man and chief executive officer of Tesla and SpaceX, and Ramaswamy, a biotech entrepreneur who sought the 2024 GOP presidential nomination, have offered a range of ideas as “outside volunteers,” some granular and others sweeping, to constrain the government’s reach. President-elect Donald Trump on Dec. 4 named Bill McGinley, White House cabinet secretary in the first Trump administration, to serve as counsel to DOGE...

There are some stirrings of interest from across the aisle in the new extra-governmental 'Department of Government Efficiency' headed up by Elon Musk and Vivek Ramaswamy...

Aswath Damodaran, finance professor at New York Univerisity’s Stern School of Business, told Bloomberg Television on Monday that he recommends buying any of the Magnificent Seven stocks on dips. What To Know: Corrections will occur and "I'd suggest .....

Elon Musk is on another level this year. The Tesla and SpaceX CEO added $119 billion to his fortune in 2024. This pushed his net worth to $348 billion. That's not just a number. It's more than the entire net worth of tech icon Michael Dell. Let that sink in. Musk isn't alone in raking it in, though. The 10 biggest wealth gainers globally have seen their fortunes grow by a combined $585 billion this year, according to the Bloomberg Billionaires Index. For context, that's more than the market valu...

The latest Tesla software update could be a boost to Sirius XM's sluggish subscriber base...

A Santa Claus rally is coming for technology stocks, according to Wedbush analyst Dan Ives. The senior equity research analyst sees several factors driving the market darlings higher into the end of the year, ranging from expectations about loosened regulation from the incoming Trump administration to increased adoption of artificial intelligence (AI) by the US government. The analyst also sees the tech sector gaining by 20% through 2025. "It's about the multiplier — for every dollar spent on Nvidia chip, there's an $8 to $10 multiplier across tech, across software, infrastructure, cybersecurity. That's why this is going to be a tech bull market that rages into next year," Ives explains to Morning Brief hosts Seana Smith and Brad Smith. "Because now it's about the second [or] fourth-derivative. Because now software they're they're on the dance floor at the AI party, they're no longer waiting behind the velvet rope. And now other tech players are trying to get in cybersecurity infrastructure." Ives also comments on Palantir's (PLTR) position in the so-called AI revolution, speculating that the company has the potential to the next Oracle (ORCL). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by John Hyland...

Goldman Sachs analyst Mark Delaney doesn’t think EV maker's sales will grow in 2024. The bigger deal for investors, however, is 2025...