Shares of Chinese solar panel makers surged Wednesday. Staff linked to Elon Musk had reportedly visited several photovoltaic suppliers in China.
Tesla sold 69,129 China-made electric vehicles in January, up 9.3% from a year earlier, extending gains for a third consecutive month as it battles shrinking market share in both China and Europe.
The synergies supporting a Tesla-SpaceX tie up are growing.
Chinese solar shares jumped in morning trading on Wednesday after local media reported Tesla staff visited various companies in the sector days after Elon Musk announced plans to build large-scale solar cell production in the U.S.
Following the acquisition of xAI, SpaceX is valued at $1.25 trillion, just 26% below Tesla's current market cap. On paper, Musk now derives more of his net worth from SpaceX than from Tesla.
Earth's richest man wants to build a mega company. Its mission is as ambitious as its reported valuation.
With Q4 earnings now well and truly digested, investors are watching closely to see how Tesla Inc NASDAQ: TSLA shares behave through the first week of February.
Tesla, Inc. faces deteriorating fundamentals and an increasingly challenging risk-reward profile at its current valuation. TSLA's future growth and competitiveness hinge on the successful development and deployment of the AI5 chip. Planned 2026 CAPEX of $20B far exceeds current free cash flow, raising concerns about margin pressure and negative FCF.
Elon Musk is once again pushing the boundaries of technology integration by merging SpaceX with AI startup xAI in what could become one of the most ambitious combinations in corporate history. The deal, announced ahead of SpaceX's much-anticipated IPO later this year, is expected to create a vertically integrated innovation engine combining rockets, space-based internet, AI, direct-to-mobile communications, and a real-time information platform aimed at advancing Musk's vision of scaling intelligence to understand the universe.
China bans electronic door handles starting 2027, requiring mechanical releases after safety incidents left passengers trapped inside vehicles.
Experts are split on the merits of a Tesla-SpaceX combination, which could further Elon Musk's dream of corporate “convergence,” but potentially at a cost to Tesla shareholders
Tesla TSLA is betting big on autonomous driving, and its robotaxi program is a key part of its long-term growth strategy. Tesla started its first robotaxi service in Austin, TX, on June 22, 2025, and the program has been growing steadily since.