Elon Musk

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Tesla’s revenue rises again as it prepares for more AI and robotics

Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk’s $1 trillion bet to transform his company into a leader of AI and robotics. Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That’s a […]

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SpaceX cuts a deal to maybe buy Cursor for $60 billion

With an IPO looming for Elon Musk’s SpaceX / xAI / X combo platter of companies, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. The New York Times first reported a possible deal just before SpaceX confirmed it in […]

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Elon Musk grilled by senator over X Money plans

Elon Musk is facing questions about his upcoming payments platform, X Money, and whether it will allow users to safely perform transactions. In a letter to Musk on Tuesday, Sen. Elizabeth Warren (D-MA) writes that X Money could pose a risk to “consumers, our national security, and the stability of the financial system,” citing Musk’s […]

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Tesla is un-cancelling its plan to build a smaller, cheaper EV: report

It looks like a smaller, cheaper Tesla is back on the menu. Today, Reuters is reporting that the electric automaker is calling around to suppliers about building an all-new – that is, not based on the Model 3 or the Model Y – electric SUV that would be more affordable than its current lineup. The […]

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Intel will help build Elon Musk’s Terafab AI chip factory

Elon Musk’s Terafab AI chip project in Austin, Texas, is gaining a crucial new partner: Intel. On Tuesday, the American chipmaker announced it was signing on to help design and build the sprawling facility, which would supply AI chips to Musk’s two companies, SpaceX (newly merged with xAI) and Tesla. Musk needs AI chips to […]

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Cisco CEO Chuck Robbins wants data centers in space

Today, I’m talking with Chuck Robbins, CEO of Cisco. Cisco is one of those big companies that everyone has heard of but that most of us don’t have to interact with very much; it’s not really a consumer brand. But all of us are in some way using Cisco’s products and services every day because […]

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