About Contact

Tesla's Spending Cuts Spark Concerns Over Musk's AI Ambitions Amid Upcoming SpaceX Deal

Tesla's Spending Cuts Spark Concerns Over Musk's AI Ambitions Amid Upcoming SpaceX Deal

Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots
Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots

Revenue is flat on the year as net income dives 43%; adjusted earnings top Wall Street expectations Read more at The Business Times.

Tesla shares slip after capex cut raises doubts over Musk's AI and robotics push
Tesla shares slip after capex cut raises doubts over Musk's AI and robotics push

Tesla's shares fell 2% on Thursday after the EV maker cut ​its capital spending forecast, raising concerns among investors counting on heavy ‌investment for Elon Musk's AI and robotics vision.

Tesla shares slide after cutting capex target
Tesla shares slide after cutting capex target

Tesla shares fell almost 4% in pre-market trading after the car maker cut its capital expenditure target by USD5 billion ($7.1 billion).

Elon Musk's Vision: The Potential Merger of SpaceX and Tesla Sparks Debate Among Shareholders

Elon Musk’s dream merger is a nightmare for SpaceX shareholders
Elon Musk’s dream merger is a nightmare for SpaceX shareholders

But Tesla shareholders should be cheering on the combination, especially if they get paid a fat premium.

The biggest hurdle to a SpaceX merger with Tesla isn’t Elon Musk. It’s Tesla’s shareholders
A SpaceX-Tesla merger: The ins, outs, and what-have-yous
A SpaceX-Tesla merger: The ins, outs, and what-have-yous

In today's edition: SpaceX and Tesla weigh a merger. Plus: Alphabet, Anthropic, Apple, EA, Meta, Microsoft, Space42, Spotify.

Musk: SpaceX, Tesla merger a 'good idea'
Musk: SpaceX, Tesla merger a 'good idea'

Elon Musk said Tuesday that his two companies, SpaceX and Tesla, have formed independent special committees to discuss the potential merger, calling it "a good idea." "I think it would be a good...

Elon Musk says SpaceX and Tesla discussing possible merger
Elon Musk says SpaceX and Tesla discussing possible merger

PALO ALTO, California -- SpaceX and Tesla have begun discussing a possible merger, Elon Musk said during an earnings call Tuesday, confirming the long-rumored joining of the tech billionaire's two...

Tesla and SpaceX Explore Merger as Elon Musk Backs Deal
Tesla and SpaceX Explore Merger as Elon Musk Backs Deal

Independent board committees will assess a potential combination, with shareholder approval and deal terms still unresolved.

What to Know About the SpaceX-Tesla Merger Talks
What to Know About the SpaceX-Tesla Merger Talks

It is game on for a potential SpaceX-Tesla tie-up, with discussion under way about how Elon Musk’s companies could combine.

Why would Musk merge SpaceX and Tesla?
Why would Musk merge SpaceX and Tesla?

A combined firm may allocate capital more efficiently but could broaden risk exposure for investors Read more at The Business Times.

SpaceX touts possible Tesla merger after profits soar
SpaceX touts possible Tesla merger after profits soar

After a stellar SpaceX earnings announcement, Chief Executive Elon Musk said the rocket company is considering a merger with Tesla, the electric car company he also helms.

Elon Musk says SpaceX, Tesla have begun exploring merger, but deal not guaranteed
Elon Musk says SpaceX, Tesla have begun exploring merger, but deal not guaranteed

He says there is ‘a lot of merit’ in combining the two firms, but shareholder support is required Read more at The Business Times.

Elon Musk's Ambitious Vision: The Potential Merger of Tesla and SpaceX Explained

Behind Elon Musk's plans for a mega-merger of SpaceX and Tesla
Behind Elon Musk's plans for a mega-merger of SpaceX and Tesla

Musk said that aerospace firm SpaceX and EV carmaker Tesla were considering a tie-up, confirming speculation that what would be the biggest corporate merger ever is a real possibility.

The 1 Number That Explains Why Elon Musk Wants to Merge Tesla and SpaceX
The 1 Number That Explains Why Elon Musk Wants to Merge Tesla and SpaceX

The two companies already share Elon Musk, which begs the question of who really benefits from a merger.

Elon Musk confirms he is considering merging Tesla and SpaceX
Elon Musk confirms he is considering merging Tesla and SpaceX

Musk says special committees within both companies have been formed to look at a possible mega-merger.

Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?
Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?

Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.

Elon Musk's Ambitious SpaceX-Tesla Merger Talks Spark AI and Revenue Optimism

Analysts Hike Tesla Price Targets; SpaceX Merger, AI 'In Full Control'
Analysts Hike Tesla Price Targets; SpaceX Merger, AI 'In Full Control'

Tesla CEO Elon Musk told investors to be patient when it came to progress on robotaxi expansion and Optimus development.

Rockets, cars and AI: Elon Musk confirms SpaceX and Tesla merger talks
Rockets, cars and AI: Elon Musk confirms SpaceX and Tesla merger talks

SpaceX reported a $4.4 billion third-quarter profit as AI revenue surged nearly tenfold, while special committees at both companies examine a possible merger

SpaceX’s AI boom puts Tesla merger on the table as Musk confirms formal talks
SpaceX’s AI boom puts Tesla merger on the table as Musk confirms formal talks

SpaceX’s revenue surged 161% to $14.6 billion in the third quarter as its AI business expanded and the company swung to a $4.4 billion profit. Musk says a merger with Tesla could combine their...

Elon Musk says he backs SpaceX-Tesla merger as rocket firm turns profit
Elon Musk says he backs SpaceX-Tesla merger as rocket firm turns profit

Elon Musk’s remarks came after SpaceX posted net income of $4.4 billion for the July-September period, compared with a loss of $1.1 billion a year earlier

Tesla surprises Wall Street with lower-than-expected AI spending as SpaceX merger talks heat up
Tesla surprises Wall Street with lower-than-expected AI spending as SpaceX merger talks heat up

Tesla reported surprise positive free cash flow for the third quarter on Wednesday after spending far less on AI and robotics than Wall Street expected, as the EV maker weighs a possible merger...

Elon Musk: SpaceX revenue of $1T in 2028 is 'no longer impossible'
Elon Musk: SpaceX revenue of $1T in 2028 is 'no longer impossible'

After its latest earnings, SpaceX's famously optimistic CEO made one of his most bullish suggestions yet.

Tesla revenue beats estimates as deliveries rebound amid talk of SpaceX megamerger
Tesla revenue beats estimates as deliveries rebound amid talk of SpaceX megamerger

Tesla delivered 486,532 vehicles in the third quarter, beating Wall Street expectations of about 461,100 vehicles

SpaceX and Tesla's Terafab targets 2028 for volume chip production
SpaceX and Tesla's Terafab targets 2028 for volume chip production

The timeline is a rough schedule for a project that aims to produce 1 terawatt a year of computing power for AI and robotics, on a schedule Musk himself called "very aggressive." In the United...

SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk grows
SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk grows

SpaceX absorbed Musk’s xAI in February, months before its June IPO, and spending by Tesla and SpaceX now points to the same place: AI

Exploring the Implications of a Potential SpaceX and Tesla Merger on Musk's Corporate Vision

SpaceX and Tesla Are Already Joined at the Hip. What a Formal Merger Would Mean.
SpaceX and Tesla Are Already Joined at the Hip. What a Formal Merger Would Mean.

For decades, Elon Musk has mixed resources and ambitions at his two largest companies.

SpaceX and Tesla mega-merger under discussion
SpaceX and Tesla mega-merger under discussion

Elon Musk argued that combining the companies would allow them to deepen cooperation on chip design, robotics, software, and more.

How a SpaceX and Tesla Merger Would Reshape Musk’s AI Empire
How a SpaceX and Tesla Merger Would Reshape Musk’s AI Empire

Both boards are now studying a tie-up that would put Grok, X, Starlink, orbital data centers, a chip megafactory and Optimus robots under one roof—and under one man's control.

Tesla-SpaceX: a huge corporate constellation with Musk at its centre
Tesla-SpaceX: a huge corporate constellation with Musk at its centre

A merger of Elon Musk’s listed companies has some logic, but other shareholders might end up with less influence than they have today

SpaceX and Tesla Merger Talks Ignite Market Excitement Amid Soaring Earnings

SpaceX stock jumps 10% after Musk confirms Tesla merger talks
SpaceX stock jumps 10% after Musk confirms Tesla merger talks

Elon Musk said that SpaceX and Tesla have formed special committees to discuss the mechanics of a potential combination.

Tesla earnings loom after Musk calls SpaceX merger a 'good idea'
Tesla earnings loom after Musk calls SpaceX merger a 'good idea'

A day after Elon Musk's SpaceX reported third-quarter results, Tesla is scheduled to update investors.

SpaceX shares soar on possible tie-up with Tesla
SpaceX shares soar on possible tie-up with Tesla

Shares of SpaceX jumped and Tesla shares moved higher on Oct. 21 after Elon Musk, CEO of both companies, announced that the two companies have formed committees to study combining the two...

SpaceX’s Musk Lauds Its Soaring Cloud Business and Possible Tesla Merger
SpaceX’s Musk Lauds Its Soaring Cloud Business and Possible Tesla Merger

SpaceX put on a bit of a show for shareholders today—and I’m not referring to the sizzle reel of rocket and space videos it showed on its earnings call. No, the big attention grabber was the...

SpaceX up 9% in premarket after earnings beat and Musk hints at Tesla tie-up
SpaceX up 9% in premarket after earnings beat and Musk hints at Tesla tie-up

SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.

Tesla Bulls Eying Merger Bump Find Stock Needs More Than Rockets
Tesla Bulls Eying Merger Bump Find Stock Needs More Than Rockets

Tesla Inc. investors hoping clarity on a potential merger with SpaceX would jolt the stock out of its lethargic ride may have to wait longer.

Tesla Earnings Spotlight SpaceX Merger Talk. Here's What Analysts, Musk Say.
Tesla Earnings Spotlight SpaceX Merger Talk. Here's What Analysts, Musk Say.

Wall Street analysts offer up their views about a potential Tesla-SpaceX merger, while CEO Elon Musk praises the two companies.

SpaceX stock soars on blowout earnings that see revenue surge 161% — as Musk talks Tesla merger
SpaceX stock soars on blowout earnings that see revenue surge 161% — as Musk talks Tesla merger

SpaceX shares surged in after-hours trading Tuesday after the rocket and satellite giant reported a whopping 161% jump in quarterly revenue — fueled by an AI business that has overtaken its...

Musk Weighs In on Potential Tesla-SpaceX Merger Amid Wall Street Optimism

Wall Street says Tesla-SpaceX deal inevitable but Musk says it's not certain
Wall Street says Tesla-SpaceX deal inevitable but Musk says it's not certain

AI ambitions and massive infrastructure spending are bringing Musk’s two biggest ventures closer on paper. But combining Tesla and SpaceX would require more than a shared vision, with valuation,...

Tesla-SpaceX deal: Wall Street says inevitable but Musk says it's not certain
Tesla-SpaceX deal: Wall Street says inevitable but Musk says it's not certain

Elon Musk considers the advantages of merging Tesla with SpaceX, particularly in light of escalating capital expenses. However, obstacles like shareholder votes and the need for special committees...

Elon Musk says Tesla-SpaceX merger would be 'a good idea' as companies form special committees
Elon Musk says Tesla-SpaceX merger would be 'a good idea' as companies form special committees

Elon Musk said Tuesday that merging his two companies, Tesla and SpaceX, would be "a good idea," revealing that both companies have formed special committees of independent directors to explore a...

Musk says SpaceX-Tesla merger is 'a good idea' as companies form deal committees
Musk says SpaceX-Tesla merger is 'a good idea' as companies form deal committees

Musk has in the past tantalised shareholders with the idea of combining SpaceX and Tesla, citing growing overlap between them. Speculation about the space company buying the EV maker has gained...

Elon Musk Confirms Discussions on Tesla-SpaceX Merger and Formation of Review Committees

Elon Musk confirms Tesla and SpaceX merger talks
Elon Musk confirms Tesla and SpaceX merger talks

Speaking during SpaceX's third-quarter earnings call on October 20, Musk said independent directors are examining a potential agreement. He's staying out of their discussions because his position...

SpaceX and Tesla Form Merger Review Committees
SpaceX and Tesla Form Merger Review Committees

SpaceX and Tesla boards set up special committees to weigh a merger Musk backs, though he can't join the talks and no terms exist yet.

Elon Musk confirms Tesla-SpaceX merger talks
Elon Musk confirms Tesla-SpaceX merger talks

SpaceX and Tesla formed independent director committees at shareholders' request, excluding Elon and Kimbal Musk over conflicts of interest.

Elon Musk says SpaceX and Tesla have formed special committees to discuss merger idea
Elon Musk says SpaceX and Tesla have formed special committees to discuss merger idea

Musk said he isn’t a member of either special committee or involved in the talks because he’s a conflicted party under securities regulations.

SpaceX and Tesla form committees to explore merger
SpaceX and Tesla form committees to explore merger

Elon Musk, who is CEO of both companies and owns billions in stock, said he can't be a part of those merger discussions.

Elon Musk's Ambitious $3.5 Trillion Merger Talks Between Tesla and SpaceX Unveiled

Rockets, robots and risk: Elon Musk’s $3.6tn gamble to merge Tesla and SpaceX
Rockets, robots and risk: Elon Musk’s $3.6tn gamble to merge Tesla and SpaceX

The world’s richest man attempts his most audacious deal yet. But shareholders and global regulators will need convincing

‘Tap dancing through a minefield’: Elon Musk’s $3.5 trillion Tesla-SpaceX merger talks expose his power—and scant accountability
‘Tap dancing through a minefield’: Elon Musk’s $3.5 trillion Tesla-SpaceX merger talks expose his power—and scant accountability

The SpaceX IPO pushed Musk past $1 trillion on paper. Pension funds, a federal judge, and workplace-safety data show how little stands between him and the companies he runs.

Musk’s SpaceX-Tesla Merger Would Create a Bitcoin Treasury Behemoth
Musk’s SpaceX-Tesla Merger Would Create a Bitcoin Treasury Behemoth

Musk said both boards formed committees to weigh a tie-up that would combine Tesla’s 11,509 BTC and SpaceX’s 18,712 BTC—roughly $2.5 billion worth—onto a single balance sheet.

Elon Musk says Tesla and SpaceX are weighing a $3.5 trillion merger—without him in the room
Elon Musk says Tesla and SpaceX are weighing a $3.5 trillion merger—without him in the room

"It’s an odd kabuki dance where two groups of people are talking, and I can’t be in the conversation," said Musk Tuesday.

Coverage dates

First reported:

First saved on ClustZ:

Coverage updated:

We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.