Sean O'Kane

The investment comes after speculation that Saudi Arabia may take Lucid Motors private -- which the EV maker has denied.

The milestone means Tesla is halfway to accomplishing one of the four core product goals Elon Musk has to hit to unlock his full $1 trillion pay package.

Just a few short years ago, General Motors and Ford were all-in on electric vehicles, spending billions of dollars on those efforts.

The leading U.S. automakers are mentioning EVs on their investor calls at pre-pandemic rates, according to new data from TechCrunch and Hudson Labs. Technology News

After years of pushing full speed ahead on AI, OpenAI CEO maybe it's time for the AI industry to “pace” itself. The comments came just days after one of OpenAI's own models broke out of its test environment and got tangled up in — though as Equity's hosts point out, sloppy security seems to have been just as much to blame as the model itself. And Altman's not alone in this stance: both OpenAI and Anthropic have come out in support of echoing that same message.

Also has big plans beyond the TM-B. The startup mostly refers to itself as a “vehicle” company, and has to make four-wheel pedal-assist cargo vehicles for Amazon. The company is on an autonomous delivery vehicle for DoorDash, too.

Elon Musk wants you to believe Tesla is no longer a car company, even if it's still shaped like one. The company shipped nearly half a million cars last quarter and made 70% of its money from car sales.

SpaceX doubled its revenue compared to last year, in large part thanks to the growth of its Starlink satellite internet service and deals it struck

Musk kept inflating the already-big promises being made by SpaceX CFO Bret Johnsen and Gwynne Shotwell on the company's first call.

SpaceX doubled its revenue compared to last year, in large part thanks to the growth of its Starlink satellite internet service and deals it struck