New Zealand new-vehicle registrations for July reached 11,663, marking a difference of just 25 vehicles compared to the same month last year. However, according to the Motor Industry Association (MIA), that flat headline figure masks a rapidly changing market defined by plunging commercial sales and surging passenger numbers. Divergent Paths for Passenger and Commercial Segments … Read more
James Murdoch, the 53-year-old son of media mogul Rupert Murdoch, holds a stake in SpaceX that could be worth up to $7.44 billion, according to calculations by Pitchbook senior research analyst Franco Granda. This potential windfall stems from approximately $120 million in private investments made between 2019 and 2020, a sum that eclipses his financial … Read more
Tesla (NASDAQ: TSLA) shares climbed approximately 1.5% on Thursday following a price target upgrade from UBS. Analyst Joseph Spak increased the firm’s target from $364 to $442, citing the company’s long-term potential in physical AI and robotics rather than traditional automotive sales. The firm maintained a neutral rating on the stock. Shifting Valuation Beyond Automotive … Read more
U.S. electric vehicle adoption is slowing significantly as federal policy shifts and regulatory support wanes. BloombergNEF’s 2026 Electric Vehicle Outlook, published in June, projects that EVs and plug-in hybrids will capture only 17% of the U.S. market by 2030, down from a 2024 projection of 47.5%. This decline follows the removal of federal tax credits … Read more
SpaceX recently concluded an initial public offering (IPO) that raised approximately $86 billion, exceeding the company’s original $75 billion target. According to corporate filings, this influx of capital positions the aerospace firm to aggressively fund growth initiatives, with industry analysts increasingly viewing the company as a foundational player in the future of autonomous driving technologies. … Read more
Speculation regarding a potential merger between Tesla (NasdaqGS: TSLA) and SpaceX has transitioned from fringe theory to a credible market scenario, driven by SpaceX’s pending IPO and public commentary from its leadership. Analysts and prediction markets now weigh the impact of combining Tesla’s AI-driven energy and automotive platform with SpaceX’s capital-intensive aerospace infrastructure, potentially creating … Read more
Range anxiety remains a primary barrier for potential electric vehicle (EV) buyers, as real-world driving conditions often cause battery depletion to deviate from manufacturer estimates. Recent reports from EV owners, including a viral account from a BYD driver, highlight the discrepancy between dash-mounted mileage calculators and actual remaining battery capacity, often exacerbated by high-speed highway … Read more
SpaceX has set the record for the largest initial public offering (IPO) in history, entering the public markets with a valuation exceeding $2 trillion. While the company’s massive scale generates significant investor interest, financial analysts caution that the firm’s current market capitalization limits the potential for the exponential growth seen in smaller, early-stage companies. According … Read more
SpaceX IPO: How the $2 Trillion Debut Reshapes the AI and Space Race SpaceX shares closed nearly 20 percent higher on their Nasdaq debut Friday, raising more than $75 billion and pushing the company’s market valuation above $2 trillion. This record-breaking initial public offering makes Elon Musk the world’s first trillionaire and signals a potential … Read more
The Rise of the Humanoid: Can China’s Robotics Bet Pay Off? From the factory floor to the neighborhood hotel, the landscape of labor is shifting. China, long known as the “world’s factory,” is pivoting its massive manufacturing prowess toward a new frontier: the mass production of humanoid robots. While the global race for a $5 … Read more