News linked to both this project and an event.
Odaily report: In response to a community user's evaluation of SpaceX and Tesla's earnings performance, giving them an A+ and an F- respectively, Musk responded: "Fair enough, we'll make the earnings more worth watching next time."In addition, Musk also responded to SpaceX's computing power deployment plans for next year. Investor Brad Gerstner revealed that SpaceX plans to deploy about 25% of the new computing power in the United States next year, corresponding to related computing power infrastructure construction that may require raising about $400 billion in funding. Musk stated that SpaceX is expected to achieve more than 10 gigawatts of computing power deployment next year.
Investor Brad Gerstner revealed that SpaceX plans to deploy about 25% of the new compute capacity in the United States next year. The total projected new capacity is expected to reach 43 gigawatts, which may require raising approximately $400 billion for related infrastructure development. In response, Musk stated that SpaceX expects to deploy over 10 gigawatts of compute capacity next year. Additionally, while addressing community feedback that graded SpaceX and Tesla's earnings performances as A+ and F-, respectively, Musk commented: "Fair enough. We'll make it even more compelling next time."
According to Reuters, sources familiar with the matter said Musk revealed progress on evaluating a SpaceX-Tesla merger during an investor call this week and publicly expressed his support. The move has unsettled some negotiation participants, potentially delaying talks by several weeks and triggering more extensive legal scrutiny. During the call, Musk stated that both companies are exploring what could become the largest corporate transaction in history and have established special committees to evaluate the proposals. He also acknowledged a conflict of interest, stating he cannot participate in discussions involving either committee. The deal remains in its early stages. According to three sources familiar with the matter, both sides have engaged advisors, and discussed deal structures include SpaceX acquiring Tesla or combining the two companies through a newly established holding company, with consideration arrangements including an all-stock transaction. Musk owns nearly one-fifth of Tesla and just under half of SpaceX. Those involved in the negotiations worry that his public comments will lead investors to question the independence of the special committees and place greater emphasis on how conflicts of interest are addressed.
on October 22, Binance Square launched the second installment of its US stock earnings season content, focusing on the Q3 earnings reports of Tesla (TSLA) and Meta (META). Both companies will release their results after the US market close on October 21 (ET), with market attention centered on whether AI investments can translate into actual revenue, profit, and cash flow.For Tesla, despite Q3 deliveries reaching 486,532 vehicles, beating analyst consensus, automotive business profitability remains a key focus — particularly automotive gross margin excluding regulatory credit revenue. In addition, energy storage business performance, progress in Full Self-Driving (FSD), Robotaxi, and Optimus robot commercialization, as well as capital expenditures and free cash flow, will also influence market judgments on its growth outlook.For Meta, the market will focus on advertising business growth and AI investment returns. Investors should watch revenue, ad impressions, and average price changes to assess whether AI recommendation systems and advertising tools can improve monetization efficiency. Meanwhile, Meta expects capital expenditures to reach $130 billion to $145 billion in 2026. Whether these expenditures can drive corresponding profit and cash flow growth, along with full-year expenses and forward guidance, are all key points of this earnings report.It is understood that Binance Square will continue to follow both companies' earnings performance through earnings previews, post-earnings analysis, and live streams with analysts in both Chinese and English. Users can follow Binance Square's earnings-related topics and participate in discussions via #EarningsSeason to share their views on earnings performance and market trends.
According to Bloomberg, Tesla released its third-quarter earnings report and stated that capital expenditures for the year would be approximately $20 billion. This falls below the company's previously planned figure of over $25 billion, as investment in the prior quarter came in under expectations, casting a shadow over Musk's plan to transform Tesla into an AI and robotics company. Earnings data showed that Tesla's third-quarter adjusted earnings per share were $0.48, beating analyst expectations. Revenue slightly missed estimates, though the gross margin came in at 19.6%, above expectations. Quarterly free cash flow was $1.5 billion, while the market had previously expected a cash outflow of nearly $5 billion. Earlier, Tesla had arranged approximately $30 billion in new loans and credit lines to support the expansion of its automotive, battery, autonomous driving, and robotics businesses.
A summary by Jin10 data indicates that the General Offices of the CPC Central Committee and the State Council issued opinions on promoting the integration of sci-tech innovation and industrial development. France's 10-year government bond yield hit 5%, Tesla's profits declined for two consecutive quarters. Meta projects capital expenditures of up to $145 billion while facing a $25 billion fine, and multiple developments have occurred regarding the Russia-Ukraine conflict and the Middle East situation.
ARK Invest has released an update to its open-source Tesla valuation model, projecting that Tesla will be worth approximately $4,400 per share by 2031. A Monte Carlo simulation based on 32 independent variables shows a bear case of around $3,300 per share and a bull case of around $5,000 per share, corresponding to annualized share price gains of 53% and 66%, respectively, with the base case implying an annualized return of approximately 62%.Under the base case, ARK Invest expects Tesla's total revenue to reach approximately $1.45 trillion by 2031, with EBITDA of about $902 billion and a market capitalization of approximately $17.5 trillion.To support the development of its AI and robotics businesses, the model also assumes that Tesla's cumulative AI infrastructure spending will increase from approximately $7 billion at the end of 2025 to approximately $225 billion by the end of 2031. Robotaxi is expected to become Tesla's primary source of value, contributing approximately 80% of enterprise value by 2031. The humanoid robot Optimus will also become an important growth engine, with Tesla's cumulative external sales of Optimus robots reaching approximately 1 million units by 2031, and revenue from robotics-as-a-service (RaaS) and related businesses amounting to approximately $212 billion.However, ARK Invest cautions that these valuations depend on multiple assumptions, including the pace of autonomous driving commercialization, the maturity of robotics technology, profit margins, and capital efficiency. Actual results may differ significantly from these projections. The model is for reference only and does not constitute investment advice.
Odaily reports: The Tesla Roadster has sparked heated market discussion with its "flying car" concept, but controversy has followed accordingly.Recently, CBS News inquired with the U.S. Federal Aviation Administration (FAA), which responded that the Tesla Roadster does not meet the FAA's definition of an aircraft. The National Highway Traffic Safety Administration subsequently stated that even if the vehicle visually challenges the laws of physics, Tesla must ensure it complies with applicable motor vehicle safety standards, and drivers must also obey local road regulations. In other words: the Roadster is not a flying car.In addition, based on reporting by overseas media outlet MotorTrend and technical conditions, the flight time of the demonstration vehicle that completed three jumps at the Roadster launch event depends on its gas storage capacity. Under full-thrust conditions, the flight time cannot even last 2 seconds, while the subsequent inflation time is as long as 6 to 7 hours. And based on a gas storage capacity of 250 kilograms, under full-thrust conditions, the flight time still cannot last more than 6 seconds. (Dongchehui)
Odaily reports: On October 20, Central Time in the United States, SpaceX will release its financial and operational results for the third quarter of 2026. At that time, the SpaceX executive team will hold an audio livestream for the Q3 earnings Q&A, and SpaceX shareholders can submit questions before the meeting and like them; these questions may be shared and answered during the livestream.As of now, the question “When will SpaceX merge with Tesla” has surged into the top three on the liked-questions list, becoming one of the questions investors care about and look forward to most.
According to CoinDesk, asset tokenization platform Securitize has announced the launch of tokenized US stock products on the Solana blockchain, with the initial batch covering shares of 12 companies including Apple, NVIDIA, and Tesla. Each token is pegged 1:1 to the underlying actual shares and retains corresponding shareholder rights. Trading supports USDC settlement, with liquidity provided by Jump Trading. Additionally, the product plans to expand in the future to the digital trading platform under the New York Stock Exchange (NYSE) and the OKXICE platform.
Odaily News: U.S. President Trump will hold an event next Tuesday to launch a new government website, America.gov, which aims to consolidate information and resources scattered across multiple federal agencies and will introduce AI tools to help citizens access government services. WEARThe event is expected to focus on topics including AI, energy, healthcare, space, and agriculture. NVIDIA CEO Jensen Huang, Tesla CEO Elon Musk, Anthropic co-founder Tom Brown, and U.S. Vice President JD Vance are expected to attend. (Bloomberg)
Odaily News: Aave V4 has launched Equities Hub on Base, allowing eligible non-US users to borrow USDC using 7 tokenized US stocks issued by Coinbase as collateral, covering Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. The market uses Chainlink to provide on-chain price data for tokenized stocks. The initial combined collateral cap for the 7 stocks is approximately $29 million, with a USDC supply cap of $32 million and a borrow cap of $21 million. Collateral ratios for different stocks range from 65% to 79%. Currently, these stocks can only be used as collateral. Aave stated that more Coinbase tokenized stocks and GHO as borrowable assets may be added in the future after governance and risk assessment approvals. (The Block)
Reports indicate that Bybit’s copy trading now supports TradFi perpetual contract trading, enabling experienced traders to open positions in TradFi perpetual contracts for stocks such as Tesla, Apple, and Nvidia.
According to disclosure documents from the U.S. Securities and Exchange Commission (SEC), Bitnomial Exchange, which has been acquired by Payward, the parent company of Kraken, has filed a rule change application proposing to establish common listing standards and related trading rules for cash-settled single-stock security futures. The exchange plans to launch cash-settled security futures based on individual stocks, including "perpetual security futures" with no fixed expiration date. These products will support 24/5 trading and employ a funding rate mechanism for payments between long and short positions. Additionally, Bitnomial intends to implement a daily cash settlement mechanism for security futures, specify that each contract represents 100 shares of the underlying stock, and set a standard maximum position limit of 200,000 contracts. Separately, Payward revealed plans to initially launch perpetual futures linked to 10 U.S. listed stocks, including Tesla, NVIDIA, Apple, Microsoft, and Amazon among others.
Odaily News: Tesla has long been the only publicly traded vehicle for investors to bet on Elon Musk, but since SpaceX (SPCX.O) began trading in June, the electric vehicle giant has had to share that unique investment appeal with SpaceX. In the three months following SpaceX's initial public offering (IPO), Tesla's stock fell 8.9%, while the S&P 500 rose 2.7%.Meanwhile, SpaceX's stock has risen 9.8% from its June 11 IPO price of $135. Tesla's weak performance is also related to its recent earnings and product launches, neither of which has demonstrated that the company's pivot toward physical AI products can succeed. Lale Akoner, global market strategist at eToro, said: "Investors see SpaceX as a purer growth story, while viewing Tesla as a riskier turnaround bet." Dave Mazza, CEO of Roundhill Financial, said: "SpaceX now has to prove that its $100 billion annualized revenue scale can be achieved, while Tesla has to prove that it is more than just the 'Musk concept stock' people held before SpaceX went public."
According to an official announcement, Binance has introduced its US stock recurring buy feature, enabling eligible users to set up automatic purchasing plans for designated US equities and Exchange-Traded Funds (ETFs) at fixed intervals, without the need to manually execute trades each time. The feature will support 100 stocks and ETFs starting from September 10, 2026, at 18:00 (UTC+8), including assets such as Apple, NVIDIA, Tesla, Microsoft, Amazon, and the S&P 500 ETF. Binance advises that related products or features may not be available in certain regions; users should verify any location-based restrictions and note that execution prices may differ from those indicated when creating the plan.
Pump.fun announced the launch of its Custom Pairs feature on Wednesday, allowing creators to choose tokenized stocks, wrapped Bitcoin, Ethereum, and metals as quoted assets when issuing tokens, no longer limited to SOL and USDC trading pairs. The number of supported quoted asset pairs has now reached 93, covering tokenized Nvidia, Tesla, and S&P 500, among others. Custom Pairs has been rolled out in the token creation form, with bonding curve and PumpSwap protocol fees consistent with standard issuance, of which 50% of the revenue will flow into the PUMP buyback and burn contract.
According to Chaoxiang Research, Morgan Stanley’s September 4 research report notes that Tesla’s Cybercab has officially launched autonomous ride-hailing services to the public in Austin. Users can book either the Cybercab (two-seater) or the Model Y (four-seater) through the Robotaxi app. Texas DMV data shows 45 Cybercabs are now registered, up from just 7 in the days preceding the launch event. Tesla’s mileage driven under unsupervised autonomy has exceeded 1 million miles, surging over 160% from the 380,000 miles logged in Q2. The Cybercab is projected to sell for under $30,000, with operating costs per mile below $0.20, and will feature wireless inductive charging. Morgan Stanley maintains a neutral rating on the stock with a $400 price target, implying roughly 6% upside from current levels.
Odaily News – Coinbase Derivatives and Coinbase Financial Markets, subsidiaries of cryptocurrency exchange Coinbase, respectively submitted Form 1-N and Form BD-N to the U.S. Securities and Exchange Commission (SEC) on September 1, with plans to launch single-stock perpetual contracts in the United States.Coinbase Chief Policy Officer Faryar Shirzad stated that the relevant products still require approval from the U.S. Commodity Futures Trading Commission (CFTC) in the next step. The two filings pertain to registration as a security futures exchange and a limited-purpose security futures broker, respectively.Since March 20, Coinbase has offered non-U.S. users 10x perpetual contracts on stocks such as Apple, Nvidia, and Tesla, settled in USDC and supporting 24-hour round-the-clock trading. U.S. users were previously explicitly excluded from this product. (Bitcoin.com News)
NVIDIA announced the acquisition of Hugging Face for $12.93 billion, while OpenAI released the GPT-6 Astra model and claimed to be close to AGI. The Tesla Cybercab officially entered service, and Samsung and Texas Instruments are simultaneously expanding chip production and raising prices.