Tesla will wind down Cybertruck production in 2027 to make room for driverless Cybercabs
Elon Musk is ending the electric pickup after years of poor sales, as Chinese rivals gain ground and his political bet on the midterms falls flat.
AI Industrial Complex
SpaceX and Tesla shares slide about 4% as Musk’s record election spending fails to hold back a Democratic sweep
Musk’s companies and AI infrastructure stocks took the first hit from the results, while Treasury yields and the dollar fell and accounts of the broader stock market diverged.
Palantir shares slide despite 96% revenue growth as commercial sales overtake government
The company reported $2.31 billion in third-quarter revenue and guided above estimates, but investors questioned whether it can sustain the pace.
Trump floats pre-emptive pardons for aides and vows to protect Musk if Democrats win Congress
On the eve of the midterms, the president says he would shield the SpaceX and Tesla chief from Democratic investigations, as tallies put Musk’s election spending at a record.
Putin calls Musk a ‘genius’ and says Russia is in close contact with him as it builds its own Starlink
The praise came during a space programme update, as Ukraine recovers from the throttling of its Starshield service and SpaceX shares retreat.
Anduril and Qualcomm partner on a line of US-made laptops to onshore computer production
The defence-tech firm’s BlueChip machines will be designed and assembled in the US, and its founder expects them to sell at a premium.
Musk admits SpaceX throttled Ukraine’s Starlink and accuses Kyiv of breaking its terms of service
The SpaceX chief says his company closed a ‘loophole’ in Ukraine’s use of the network, Kyiv denies any breach, and former officials say Washington has long asked for such switches.
Ukraine says Starlink speeds are fully restored after two weeks of restrictions on its military
Kyiv’s defence ministry says front-line satellite service is back to normal, while US lawmakers press the Pentagon for guarantees and Ukraine plans its own system.
SpaceX says a Tesla merger would need Elon Musk’s approval as antitrust and political doubts surface
Both companies have formed committees to study a combination that Musk calls a good idea, but politics, China and regulators could stand in the way.
Peter Thiel breaks with Trump over the Iran war: ‘We should not have done it’
Leaked audio of a private lecture shows the tech investor and Republican donor criticising the decision to go to war while still backing the president.
Musk calls a SpaceX-Tesla merger a good idea as both boards set up special committees
Independent directors at the two companies will study a combination that Musk says has a lot to offer, and that would be the biggest merger on record.
Ukraine says Musk’s satellite links are still throttled as Congress demands answers
Kyiv cannot establish whether the restrictions came from the White House or from SpaceX, and lawmakers in both parties want an inquiry.
Tesla unveils a Roadster with SpaceX thrusters as merger reports circulate
Elon Musk showed the long-delayed car at a SpaceX test site in Texas, days after a report that a merger of the two companies could be weeks away.
Musk says the US government ordered the Starshield curbs, and Kyiv’s service is back
Elon Musk said the decision to throttle Ukraine’s military satellite links came from Washington rather than SpaceX, and a Ukrainian official says the service has since been restored in full.
Ukraine says SpaceX has curbed its Starlink service, and Poland and Kyiv are demanding answers
Ukrainian units reported sudden restrictions on the satellite network their drones depend on, and officials in Kyiv and Warsaw publicly challenged Elon Musk over it.
Musk promises cheaper Starlink pricing in India before Ambani’s Jio listing
SpaceX’s founder says the service will have to be affordable to sell in India, days before a record listing by his new rival.
SpaceX buys low-band spectrum for Starlink mobile and US carrier shares slump
Elon Musk’s company said it had acquired low-band airwaves that would let its satellites serve ordinary phones, and shares in the three large US wireless carriers fell.
Anduril and the Navy commit billions to a Sparrows Point submarine yard
A venture-backed weapons maker will fund a new Maryland shipyard for nuclear submarine parts, with the Navy investing alongside it.
Musk renames SpaceX’s AI unit SpaceXSI after Trump’s superintelligence push
The second rebrand of the unit this year follows the president’s campaign to replace the term artificial intelligence.
Pentagon hands Musk and Palmer Luckey a future-warfare review
Project Meridian gives three outside co-directors 120 days to map the future of war, while their companies hold defence contracts.
Appeals court upholds the Pentagon’s supply-chain risk label on Anthropic
A divided DC Circuit panel found the Defense Department acted lawfully when it designated the AI company a supply chain risk after contract talks collapsed.
Palantir names Nebius its preferred sovereign AI partner
The deal pairs Palantir’s software layer with a compute provider, and pushes the company’s argument that enterprises should own their AI rather than rent it.