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Elon Musk News

Recent Verilumia coverage about Elon Musk, Co-Founder, Technoking of Tesla, CEO & Director at Tesla, Inc..

Musk Responds to Swisher’s Forecast of Renewed Scrutiny

Musk Responds to Swisher’s Forecast of Renewed Scrutiny

Elon Musk responded on X to Kara Swisher’s remarks predicting renewed scrutiny of his businesses if Democrats gain control of Congress, posting “Message received” and saying she seemed to want to go to prison....

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Tesla profit falls 43% as revenue holds near $28 billion

Tesla profit falls 43% as revenue holds near $28 billion

Tesla reported third-quarter net income of $787 million, down about 43% from $1.373 billion a year earlier, as revenue remained nearly unchanged and spending increased on research and capital projects. Revenue for...

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Tesla Begins Optimus Production in Fremont

Tesla Begins Optimus Production in Fremont

Tesla has begun production of its Optimus humanoid robots at its Fremont, California, factory, describing the units coming off the line as its first production-quality robots. The company has not disclosed...

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Tesla Cuts 2026 Spending Forecast to $20 Billion

Tesla Cuts 2026 Spending Forecast to $20 Billion

Tesla lowered its 2026 capital-spending forecast to about $20 billion from more than $25 billion and reported positive free cash flow for the third quarter, as weaker-than-expected investment spending helped lift...

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Musk warns Democrats over potential congressional probes

Musk warns Democrats over potential congressional probes

Elon Musk warned Democrats that he would pursue people he believes are directing efforts against him, responding to reporting that senior Democratic lawmakers are considering investigations into his businesses if...

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Tesla targets Cybercab deliveries by end of 2026

Tesla targets Cybercab deliveries by end of 2026

Tesla is aiming to begin delivering its steering-wheel-free Cybercab to customers by the end of 2026, engineering vice president Lars Moravy said, as the National Highway Traffic Safety Administration examines how...

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Musk Targets 2028 for Terafab Chip Production

Musk Targets 2028 for Terafab Chip Production

Elon Musk said Terafab, a chip-manufacturing project involving SpaceX and Tesla, is targeting volume production in the third quarter of 2028, while warning that the schedule is highly uncertain and production could...

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SpaceX Results and Musk’s Merger Support Lift Shares

SpaceX Results and Musk’s Merger Support Lift Shares

SpaceX’s stronger-than-expected third-quarter results and Elon Musk’s support for a possible merger with Tesla helped lift the company’s shares and strengthen trading in technology stocks on Wednesday, though no...

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SpaceX Gains on Earnings as U.S. Stocks Rise

SpaceX Gains on Earnings as U.S. Stocks Rise

U.S. stock futures and early trading moved higher Wednesday as investors weighed quarterly results, with SpaceX shares rallying after profit beat expectations and Netflix falling on weaker guidance. The market gains...

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