Tesla and SpaceX are teaming up to build something unlike anything the world has seen before—a next-generation Roadster that defies physics! Elon Musk hints that its mind-blowing acceleration is just the beginning.
Tesla, SpaceX and Asteroid
A U.K. group called Everyone Hates Elon is branding hundreds of Tesla vehicles in London with stickers saying "don't buy swasticars," according to a Novara Media Instagram post. Newsweek has reached out to a Tesla via email, and to Everyone Hates Elon via social media for comment.
During Tesla's earnings call, Elon Musk mentioned Superman, telescopes, Hollywood, and inventors shouting "Eureka!"
However, the Minor Planet Center (MPC), the agency responsible for cataloging asteroids, quickly retracted the classification after determining that the object was actually Elon Musk’s Tesla Roadster, which was sent into space aboard SpaceX’s inaugural Falcon Heavy flight.
Astronomers mistook a Tesla Roadster that was launched into orbit in 2018 for an asteroid earlier this month. The registry of what was thought to be an asteroid was soon deleted.
In an online forum for shareholders ahead of Tesla's fourth-quarter earnings, investors clamored for details about Elon Musk's robotaxi rollout.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
After Trump’s presidential victory in November 2024, Tesla stock surged as Musk’s status as head of the Department of Government Efficiency (DOGE) helped generate positive momentum. But since Trump’s inauguration on January 20, shares have been trending downward, even as the company nears a key earnings report.
Morgan Freeman revealed in 2016 that he was a Tesla investor and an admirer of Elon Musk, praising his visionary ideas and achievements with SpaceX.
Tesla's fourth-quarter earnings missed Wall Street's estimates, but the stock rose on 2025 guidance and plans for robotaxi rides to begin in June.