Tesla Inc
MP Materials selects Texas for rare earth magnet manufacturing site
Key Points MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus. The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S. The […]
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Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
Google is folding in former moonshot robotics software company Intrinsic as Alphabet tries to streamline its ambitions in the space. After five and a half years developing its technology at Alphabet’s “moonshot factory” X, Intrinsic became an independent Alphabet company in its “Other Bets” division in July 2021. The Google parent company announced Wednesday that […]
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CNBC’s UK Exchange newsletter: With shares up 1,200%, Rolls-Royce’s CEO has lots to shout about
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Employees work on a Rolls-Royce Trent 7000 engine for an Airbus SE A330neo aircraft at the Safran SA plant in Colomiers, France, on Tuesday, March 25, 2025. Safran Nacelles manufactures nacelles for short, medium and long-range […]
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Nvidia, Microsoft back self-driving firm Wayve as it hits $8.6 billion valuation
Autonomous driving company Wayve has hit an $8.6 billion valuation after securing fresh funds from Nvidia, Microsoft and Uber. The $1.2 billion Series D round was led by Eclipse, Balderton and SoftBank Vision Fund 2 and also featured automakers Mercedes-Benz, Nissan and Stellantis. Uber will invest up to an additional $300 million in milestone-based capital. […]
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Microsoft and SpaceX’s Starlink partner on global community internet effort
Elon Musk attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Microsoft on Tuesday announced a collaboration with SpaceX’s Starlink satellite internet service to expand connectivity across the world. It’s a sign of the software company’s willingness to collaborate with Tesla CEO Elon Musk’s family […]
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Waymo opens robotaxi service to ‘select riders’ in Houston, Dallas, San Antonio and Orlando
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet-owned Waymo on Tuesday opened its robotaxi service to some public passengers in Dallas, Houston, San Antonio and Orlando, the company announced. With the multi-city expansion, Waymo is now operating its service in 10 U.S. cities, […]
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Nvidia earnings report collides with Wall Street skepticism over AI spending
Jensen Huang, president and CEO of Nvidia, attends the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 21, 2026. Denis Balibouse | Reuters It’s been a tough start to the year for technology investors. Shares of seven of the eight trillion-dollar tech companies have notched losses so far. The lone exception is Nvidia. […]
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Tesla’s Europe problem keeps getting worse. Here’s why
Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images U.S. electric vehicle maker Tesla‘s sales in Europe were down for a 13th consecutive month in January, while its biggest Chinese rival saw another surge. Data published […]
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Tesla sues California DMV to reverse ruling that company engaged in false advertising on FSD
An aerial view of the Tesla Fremont Factory on January 29, 2026 in San Rafael, California. Justin Sullivan | Getty Images Tesla is suing California’s Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars’ self-driving capabilities. The suit comes two months after the state’s […]
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AI robots may outnumber workers in a few decades, ex-Citi executive says
AI robots will exceed the working population within a few decades as more firms adopt AI agents and continue to squeeze costs, a former Citi executive warned on Monday. Rob Garlick, Citi Global Insights’ former head of innovation, technology, and future of work, told CNBC’s “Squawk Box Europe” that as leaders continue to prioritize profitability, […]
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