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When Tesla reincorporated from Delaware to Texas in June 2024, Musk told shareholders it was about escaping hostile courts. What he didn’t mention: Texas was already the home base for a personal empire of shell companies that blur the lines between his public and private interests in ways that should worry every Tesla investor. Texas…
The man who tweeted “Will own no house” in 2020 has quietly assembled more than 90 companies in Texas, used them to buy over 1,000 acres of land, two luxury hotel condos, and multiple houses for the mothers of his children. A New York Times investigation published today reveals just how far the gap has…
The Boring Company has been sitting in Nashville with its Prufrock-MB1 tunnel boring machine since January, engine ready, waiting on permits. Today, the last major regulatory hurdle cleared. By tonight, the company announced it was already 2.5 feet into the ground. Tennessee Governor Bill Lee announced Wednesday that the Tennessee Department of Transportation (TDOT) and…
Tesla Semi efficiency hits 1.9 kWh/mile in RoadOne's real-world operations, beating original promises. Fleet expansion to 10 trucks signals commercial viability.
I’ve been tracking Ford’s EV pivot for over a year now, and today’s CES announcement is either the most ambitious course correction in automotive history or another promise the company can’t keep. Ford says it will bring Level 3 eyes-off driving to a $30,000 electric pickup truck in 2028. That’s the same company that just…
I’ve been tracking the pattern of private money reshaping police technology for over a year now. When Las Vegas Sheriff Kevin McMahill announced back in February that “anonymous donors” had gifted his department a fleet of Tesla Cybertrucks, I had a pretty good idea who was behind it. Now, thanks to public records obtained by…
TD Cowen has maintained its Buy rating on Tesla stock with a $509 price target after analysts took three RoboTaxi rides covering nearly 40 miles in Austin. We have been tracking Tesla’s autonomous ambitions since the June launch, and this marks one of the first instances of Wall Street analysts conducting hands-on due diligence in…
Tesla is recalling approximately 10,500 Powerwall 2 home battery systems in the United States due to defective lithium-ion battery cells that can overheat, smoke, or ignite, the U.S. Consumer Product Safety Commission announced today. The recall follows 22 reports of overheating incidents including five fires that caused minor property damage, though no injuries have been…
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