This week was an eventful one for Elon Musk and EV giant Tesla Inc. (NASDAQ:TSLA). From talks of an AI revolution to the upcoming SpaceX IPO, there’s plenty to unpack. Here’s a quick rundown of the top headlines.
Cathie Wood Weighs In On Elon Musk-Led ‘Revolution’
Cathie Wood, the CEO of ARK Invest, recently reflected on how the Tesla Model S launch in 2012 triggered a Musk-led “revolution” in the artificial intelligence, space exploration and robotics sectors. Wood also acknowledged the efforts of Musk and Tesla Board member Ira Ehrenpreis in these advancements.
SpaceX IPO: Potential Headache For Tesla?
Experts suggest that the upcoming SpaceX IPO could divert investor attention and resources from Tesla, potentially causing a negative impact on Tesla shares. Experts hinted that SpaceX could become Musk’s “new baby” at Tesla’s expense.
Tesla Launches Full Self-Driving In China
After years of uncertainty, Tesla finally launched its Full Self-Driving (FSD) service in China. The announcement came via a post on Tesla’s official handle, listing China among ten countries where the Supervised FSD service is now available.
Man Arrested Testing Tesla Cybertruck’s Wade Mode
A man was arrested after driving his Tesla Cybertruck into Grapevine Lake in Texas to test the vehicle’s ‘Wade Mode’. The vehicle became disabled and was later extracted from the lake using cranes. A similar incident occurred in 2025 at the same lake, but the vehicle did not get stuck during that time.
SpaceX-Tesla Mega-Merger on the Horizon?
Following SpaceX’s filing for an IPO, analyst Dan Ives predicted that there was an 80% chance of a merger between SpaceX and Tesla. Ives believes the merger will occur in 2027, post the SpaceX IPO.
Pressure on Tesla Following Robotaxi Crashes
Two instances of Tesla’s Supervised robotaxis involved in crashes in Austin have put the EV giant under scrutiny. The low-speed incidents resulted in no injuries, and there were no passengers on board during the crashes.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.
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