According to the South African daily Business Day, Starlink has agreed to a deal with the South African authorities ahead of the country hosting the G20 summit.
A deal that was in the works in Spring could not fructify after China declined to approve the offer following Trump’s sweeping “Liberation Day” tariff announcements.
Some investors believe the Robotaxi could unlock a high-margin revenue stream and strengthen Tesla’s AI-driven valuation narrative, while others remain cautious.
SpaceX and Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk's vision for Mars as a political project was reportedly thwarted in 2024 due to concerns about AI and political interference, according to a conversation revealed by Peter Thiel.
Investor Gary Black, the founder of The Future Fund, has issued a cautious outlook on Tesla Inc.'s (NASDAQ: TSLA) upcoming second-quarter deliveries, saying that the EV giant is likely to miss estimates.
Mark Cuban, owner of the NBA's Dallas Mavericks, expressed his dismay upon learning that some of his employees were reliant on government aid programs.
This week's business and finance highlights include Japan's rejection of Trump's auto tariffs, Boeing's scrutiny over a mid-air incident, Tesla's Robotaxi launch, BYD's dominance in Europe, and GM's massive vehicle recall.
Elon Musk publicly criticized President Trump's One Big Beautiful Bill, which advanced in the Senate Saturday night, calling it "utterly insane" and "destructive."
