Tesla just posted its first annual revenue decline on record. Full-year revenue fell 3% to $94.8 billion in 2025, with automotive revenue — still about 70% of the business — falling 10%. Vehicle deliveries plunged 16% in the fourth quarter and 9% for the full year.Still, the strategic logic is clear: xAI could benefit from computing capacity provided by SpaceX's orbital data centers. Tesla's energy storage systems could also help power those data centers using solar energy in space.The technical challenges ...

(Reuters) - Elon Musk said on Monday that SpaceX (SPAX.PVT) has acquired his artificial-intelligence startup xAI (XAAI.PVT) in a record-setting deal that unifies Musk's AI and space ambitions by combining the rocket-and-satellite company ​with the maker of the Grok chatbot. The deal, first reported by Reuters last week, represents one of the most ‌ambitious tie-ups in the technology sector yet, combining a space-and-defense contractor with a fast-growing AI developer whose costs are largely driven by chip ...

Tesla Inc. Research Call Summary Company Overview - **Company**: Tesla Inc (TSLA.O) - **Industry**: Autos & Shared Mobility - **Market Cap**: $1,604,330 million - **Current Stock Price**: $455.00 (as of December 5, 2025) - **Price Target**: Increased from $410.00 to $425.00, implying a 6% downside from current levels [4][10] Key Points Rating and Valuation - **Rating Change**: Coverage assumed at Equal-weight from Overweight [4][10] - **Valuation Framework**: A full refresh of the Sum-of-the-Parts (SOTP) valuation framework was conducted, leading to a $15/share upside to the prior price target [10] - **Humanoid Business Value**: Updated model includes $60/share of value for Tesla's Humanoid business (Optimus) [10][12] Market Position and Outlook - **Market Leadership**: Tesla is recognized as a global leader in electric vehicles, renewable energy, and AI, justifying a premium valuation [4][10] - **Choppy Trading Environment**: Anticipated volatility in TSLA shares over the next 12 months due to downside risks to estimates and priced-in non-auto catalysts [4][10] Financial Projections - **Earnings Per Share (EPS)**: Projected EPS for fiscal years ending December 2024, 2025, 2026, and 2027 are $2.41, $1.66, $1.98, and $2.69 respectively [8] - **Auto Volume Forecast**: MSe auto volume forecast is 13% below consensus for 2026, reflecting a more cautious EV industry outlook [10] Business Segments Autos - **Valuation**: Auto business valued at $55/share, based on long-term DCF with 13% annual unit growth through 2040 [34] - **Market Share**: Expected to maintain 9-11% of the global EV market by 2040 [34] Energy - **Valuation**: Energy business valued at $40/share, with storage deployments expected to compound at an 18% growth rate through 2040 [55] - **Market Position**: Tesla is a leading provider of Energy Storage Systems (ESS), with gross margins improving from 7% in 2022 to 31% in 2025 [50] Robotaxi (Tesla Mobility) - **Market Penetration**: By 2030, Tesla's fleet is expected to capture 20% of the US autonomous vehicle market with 30,000 vehicles [61] - **Valuation**: Tesla Mobility valued at $125/share, with a projected fleet scaling from 1,000 units in 2026 to 5 million by 2040 [66] Humanoids - **Market Potential**: The global humanoid market could reach $7.5 trillion annually by 2050, with Tesla expected to capture significant market share [71][77] - **Valuation**: Humanoids valued at $60/share, reflecting Tesla's leadership in AI and manufacturing [78] Risks and Challenges - **Competition**: Increased competition and margin pressure across all business lines could impact Tesla's market share and profitability [11] - **Regulatory Hurdles**: Challenges in scaling autonomous vehicles in adverse weather conditions and regulatory environments [60] Conclusion - Tesla remains a strong player in the EV and renewable energy markets, with significant growth potential in humanoids and robotaxi services. However, the company faces challenges from competition and market volatility, necessitating a cautious investment approach at this time [4][10][11]

YesMuskonomy (@muskonomy):🚨NEWS: Elon Musk shares new advice on how to get the most reach on X with Grok — “write like you’re texting a smart human you’ve never met.”He says posts with plain links and no context flop because the algorithm has nothing to work with. https://t.co/uMEw7f0Y2t ...

The story of the Muskonomy aka @elonmuskLooking back 🔥 https://t.co/MuZzNMh3hb ...

General Overview - The document refers to "Muskonomy", suggesting a focus on Elon Musk's economic influence or related ventures [1] Potential Industry Focus - Given Elon Musk's involvement, the report likely touches upon the technology, automotive (Tesla), space exploration (SpaceX), or social media (X, formerly Twitter) sectors [1]

General Overview - The document refers to "Muskonomy", suggesting a focus on Elon Musk's economic influence or related ventures [1] Industry Implication - The document's title implies potential analysis of Musk's impact on various industries, including technology, space exploration, or automotive [1]