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Trends
- 1
Elon Musk's SpaceX has reportedly moved a step closer to a possible merger with Tesla, according to a report by Barron's. The idea of combining the rocket company and the electric-car maker has long been floated but never confirmed by either company. Details of how close a deal actually is remain thin, and investors and analysts are watching for any official statement from Musk or the two boards.
- 2XPeng Seen as 46% Undervalued After Robot and G9L Launches●XPeng (XPEV) Could Be 46% Undervalued After AI Robot And G9L Launches
Chinese electric vehicle maker XPeng is being valued at roughly 46% below estimated fair value by analysts, following new launches including an AI robot and the G9L model. The company has been expanding beyond cars into robotics and AI, and investors are weighing whether these new product lines justify a higher valuation for the stock.
- 3Tesla Secures $30 Billion in Credit as Spending Doubles●Tesla Lines Up $30 Billion in Credit as Capital Spending Doubles
Tesla has lined up $30 billion in credit lines as its capital expenditure roughly doubles, according to a report by Gadget Review. The funding gives the electric car maker extra financial headroom at a time when it is spending heavily on factories, new models and technology, and it is drawing attention from investors watching how the company manages costs.