Tesla, Austin and Cybercab
Digest more
Elon Musk confirms Tesla and SpaceX projects are becoming real in 2026. Here's what Terafab Cybercab Semi and Starbase Louisiana mean for investors.
Autonomous Cybercab rides are currently being offered in six cities in Texas and Florida, according to the website.
Tesla CEO Elon Musk said the EV maker will discontinue the Model S and X, Tesla's premium sedan and SUV offerings, in the next quarter.
NHTSA’s investigation covers an estimated 1,000 Cybercabs, although its unclear whether there are even that many to begin with. Tesla has 45 Cybercabs currently registered with the Texas Department of Motor Vehicles.
Nine hundred million dollars in call premium flooded into Tesla before the Cybercab reveal, and options desks called the flow notably bullish. What traders rarely tell you is why that kind of positioning usually misleads the people following it most closely.
Elon Musk wants investors to think of Tesla as more than a car company—and it looks like he means business. The Tesla CEO on Wednesday said the company would stop producing two of its EV models by the end of the first half of 2026.
As Tesla and SpaceX grow into a $3 trillion market force, concerns rise over their reliance on Elon Musk, with no clear succession plan in place, posing potential risks for investors.
Tesla is proposing a plan to build a $10.1 billion solar factory in Texas that could be up and running by the first quarter of 2029, documents show.
Elon Musk said Tesla's self-driving tech could save your life. Now one insurer has looked at the crash data and decided to put real money behind that claim, and the number they landed on is turning heads across the industry.