Key Takeaways Elon Musk will continue serving as an advisor for the Department of Government Efficiency (DOGE) despite reports of his departure. Politico reported Musk would leave his government role soon, with both him and President Trump anticipating his return to Tesla. White House Press Secretary Karoline Leavitt confirmed Musk will depart only after completing…
Key Takeaways Neuralink has opened its patient registry globally for individuals with quadriplegia to explore brain-computer interface trials. The registry allows these individuals to sign up from anywhere in the world to control computers with their thoughts. The PRIME Study focuses on the Link brain-computer interface, while the CONVOY Study deals with brain-controlled robotic devices.…
Key Takeaways Starlink is expanding in Brazil via a partnership with John Deere to enhance rural agriculture connectivity. John Deere began shipping Starlink equipment in Brazil and the U.S. in January 2025, with sales reaching over 2,000 units. Aaron Wetzel from John Deere stated that sales are surpassing expectations, emphasizing the need for connectivity to…
Key Takeaways Tesla Energy outperformed the automotive division in Q1 with significant growth in battery storage deployments. The Energy division deployed 10.4 GWh of storage products, marking a 156% year-over-year increase. This quarter was second only to Q4 2024 for Tesla Energy in terms of deployments. Tesla continues to expand its energy storage projects globally,…
Key Takeaways Tesla’s Q1 deliveries fell short, with only 336,681 vehicles delivered, missing the Wall Street estimate and whisper numbers. Analyst Dan Ives from Wedbush described the Q1 performance as “a disaster on every metric,” attributing part of it to production issues. Elon Musk’s involvement with U.S. government affairs, particularly with DOGE, is noted as…
Key Takeaways Tesla plans to produce its first “legion” of humanoid robots in 2025, as announced by CEO Elon Musk during their Q1 2025 All-Hands meeting. A recent video shared by Elon Musk highlights improvements in the Optimus robot’s walk, showcasing a humanlike movement and smoother gait. Milan Kovac, Tesla’s Vice President of Optimus, provided…
Key Takeaways Tesla reported delivering 336,681 vehicles globally in Q1 2025. Deliveries were lower than analysts’ expectations of between 377,592 and 407,900 vehicles. Tesla produced 362,615 vehicles during the first quarter, slightly more than delivered. Most of the deliveries and production consisted of Model 3 and Model Y vehicles. Production was affected by a changeover…
Key Takeaways Wells Fargo has reiterated its Tesla price target of $130, forecasting a 53% downside due to slowing sales and price cuts. Tesla’s sales have seen significant drops in Europe, China, and North America, which are key markets for the company. The dip in sales aligns with Tesla’s retooling of its gigafactories to produce…
Key Takeaways NYC Comptroller Brad Lander urges lawsuit against Tesla for securities violations due to concerns over CEO Elon Musk’s dedication to Tesla amidst his government role. Tesla’s stock has sharply decreased by nearly 40% in recent months, greatly impacting New York City’s pension systems, which lost over $300 million. Lander argues Tesla made material…
Key Takeaways Tesla is testing a Model 3 with unusual cameras in the U.S., hinting at the future introduction of the Cybercab and robotaxi platform in the country. The Cybercab was revealed in Los Angeles and pointed to an impending rollout of driverless services in the United States, with possible initial locations, including Austin, Texas.…