Core Viewpoint - Volkswagen will condition the sale of a majority stake in its Everllence subsidiary on Porsche SE becoming a co-investor with approximately 10% stake in the marine equipment manufacturer [1] Group 1 - Volkswagen is looking to sell a majority stake in Everllence, which specializes in large marine equipment [1] - The involvement of Porsche SE as a co-investor is a strategic move to ensure financial backing and stability for the transaction [1]

Core Viewpoint - Musk's vision for Tesla is centered around the fully driverless Cybercab, but regulatory challenges may hinder its implementation [1] Group 1: Tesla's Vision - The fully driverless Cybercab is a key component of Tesla's future strategy [1] - Tesla aims to revolutionize transportation with autonomous vehicles, enhancing convenience and safety [1] Group 2: Regulatory Challenges - Current regulations may pose significant obstacles to the deployment of fully autonomous vehicles [1] - The regulatory landscape is evolving, but it may not keep pace with technological advancements [1]

Core Insights - Tesla has received approval from Ofgem to supply electricity to households and businesses across Great Britain, marking an expansion of its energy ambitions [1] - The company plans to replicate its Texas electricity supply model in the UK, branded as Tesla Electric, focusing on low-cost sustainable electricity [2] - Tesla's electricity licence prohibits offering dual fuel contracts, meaning it can only supply electricity if customers have a separate gas supply agreement [2] Business Operations - In Texas, Tesla operates a "virtual power plant" that allows owners to charge their cars at lower costs and sell stored electricity back to the grid [3] - In the UK, this "virtual power plant" service for Powerwall owners is provided through Octopus Energy [3] - Tesla has sold over 250,000 electric vehicles in the UK, although the number of Powerwalls sold remains undisclosed [3] Market Performance - Tesla's sales in the UK have decreased significantly, with a 37% drop from 3,852 to 2,422 units sold in February year-over-year [4] - The company's market share in the UK is currently at 1.34%, trailing behind competitors such as BYD at 2.64% and BMW at 5.43% [4] Challenges - Sales have been negatively impacted by customer backlash against Elon Musk's political affiliations and actions, including his support for Donald Trump [5] - Musk's political interventions, such as controversial public appearances and statements, have further alienated potential customers [6] Strategic Moves - In December, Tesla introduced a lower-priced version of its Model 3 in Europe to stimulate sales and attract a broader customer base [7]

Core Viewpoint - Tesla Energy Ventures Limited has received approval from Britain's energy regulator Ofgem to supply electricity to households and businesses across the UK, marking a significant expansion of Tesla's energy business in the region [1]. Group 1: Regulatory Approval - Ofgem granted an electricity supply licence to Tesla Energy Ventures Limited, allowing the company to engage in electricity supply activities [1]. - The approval process took several months and became effective on Wednesday [1]. - This licence is distinct from an existing generation licence held by Tesla Motors Limited [1].

Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has given an insight into what his proposed trillion-dollar fortune could look like as the commercial space flight giant gears itself up for an IPO this year.It's Not Like It's Sitting In A BankIn an interview with entrepreneur Peter Diamandis, Musk shared what a trillion-dollar fortune would mean. "It really just represents percentage ownership in companies that I built," Musk said. He added that net worths are more complex than just money in the bank. "It' ...

Core Insights - Electric vehicle stocks, particularly Tesla and Rivian, are facing challenges due to high interest rates and cautious consumer behavior, impacting sales significantly [1][2] - Despite these challenges, both companies maintain premium valuations, with Rivian's market cap at approximately $20 billion and Tesla's at around $1.5 trillion [2] Rivian - Rivian achieved its first full year of positive gross profit in 2025, generating $120 million in gross profit in Q4, resulting in a 9% gross margin [4] - However, Rivian's Q4 total revenue fell to $1.29 billion, down from $1.73 billion year-over-year, with automotive revenue dropping 45% [5][7] - The company experienced a surge in Q3 sales due to a pull-forward in demand ahead of an expiring tax credit, leading to a 78% year-over-year revenue increase in that quarter [8] - Rivian's management guided for 2026 deliveries to be between 62,000 and 67,000, indicating a potential 53% year-over-year growth [9] Tesla - Tesla's automotive business also faced difficulties, with Q4 deliveries declining 16% year-over-year to 418,227 vehicles, and total deliveries for the year falling approximately 9% to 1.63 million [10] - Despite automotive struggles, Tesla benefits from a diversified ecosystem, including a record 14.2 gigawatt-hours of energy storage deployed in Q4, a 29% year-over-year increase [12] - Tesla's software segment is growing significantly, with 1.1 million active Full Self-Driving subscriptions, a 38% year-over-year increase [13] - The company generated $6.2 billion in free cash flow in 2025, ending the year with over $44 billion in cash and investments [15] Investment Considerations - Both Tesla and Rivian are viewed as having stretched valuations, with Tesla's market cap at $1.5 trillion and net income of $3.8 billion, indicating high expectations for future growth [16] - Tesla's established business model and diversified revenue streams make it a more attractive investment compared to Rivian, which is still heavily reliant on automotive sales and has substantial net losses [18][19]

James Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth. The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market ...

stock. However, with a "Hold†rating dominating Wall Street, analysts note that a re-rating would likely require a delivery recovery or a credible FSD milestone.Looking ahead, Q1 2026 delivery data, due at the end of March, will be the next major inflection point for TSLA. Q1 2026 delivery data will be a key data point for investors monitoring Tesla stock, which needs a turnaround sooner rather than later.## Featured ReadsOur top personal finance-related articles today. Your wallet will thank you later.David ...

Core Insights - The Macrohard project by xAI, initially pitched as a potential competitor to Microsoft, is now reportedly stalled and lacks leadership [1][2][3] Group 1: Project Status - Macrohard has faced significant setbacks, including leadership departures, a hiring freeze, and the suspension of a major data project that employed 600 contractors [2] - Over 20 engineers have left Macrohard, and the project currently has no leader or job postings, indicating a lack of momentum [3] Group 2: Company Dynamics - xAI has lost six of its 12 original co-founders, with former staff describing the company as being in a "catch-up" phase against competitors like OpenAI and Anthropic [3] - Tesla is reportedly reallocating resources from Macrohard to its own AI initiatives, such as "Digital Optimus," which aims to operate computers autonomously [4] Group 3: Financial Implications - Tesla disclosed a $2 billion investment in xAI as part of its Master Plan Part IV, which now represents a stake in the merged SpaceX-xAI entity [5] - The future trajectory of Digital Optimus remains uncertain, especially with recent leadership losses in Tesla's AI teams [5] Group 4: Market Predictions - Prediction markets indicate a low probability of xAI's Grok model shipping by the end of March, with only 4% odds, and a mere 8% chance of it being the best AI model by the end of June [6] - Traders assign only 33% odds for the Cybercab to sell for under $30,000 this year, and just 18% for Optimus to reach consumers by year-end [7]

Musk unveils Tesla-xAI project 'Macrohard' to emulate software companies# Musk unveils Tesla-xAI project 'Macrohard' to emulate software companiesArtificial intelligenceAuthorVatsala GaurMar 11, 2026, 17:13 PM- The move comes amid growing concern that agentic AI could disrupt traditional software firms.- The system combines xAI's Grok model with a Tesla-developed AI agent.- "Macrohard†is a joint Tesla–xAI project designed to emulate software companies using AI.Elon Musk on Wednesday unveiled a new artificia ...