Tesla has filed regulatory documents in China for a new version of its popular Model Y SUV, marking the company’s latest effort to refresh its lineup in the world’s largest electric vehicle market. According to information published Thursday by China’s Ministry of Industry and Information Technology (MIIT), the upcoming variant—officially listed as “Model Y+”—appears to … Continue reading “Tesla Registers “Model Y+” in China, Plans Longer-Range Electric SUV – iShook Finance”
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U.S. stock futures jumped Monday after President Donald Trump hinted at scaling back his threat of 100% tariffs on Chinese imports. The announcement followed last week’s sharp market drop, which saw the S&P 500 and Nasdaq fall after Trump warned of canceling his October meeting with President Xi Jinping. Trump posted on Truth Social: … Continue reading “Trump Eases China Trade Threats, U.S. Stocks Jump – iShook Finance”
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Google plans to invest $15 billion to set up a major AI and cloud data center in Visakhapatnam, in what will be the company’s largest project in India so far. The site will form the backbone of Google’s expanding digital infrastructure across South Asia. The project, expected to roll out over the next five years, … Continue reading “Google to Build $15B AI Data Center in India’s Visakhapatnam – iShook Finance”
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Bengaluru-based Airbound has secured $8.65 million in seed funding as it develops rocket-style drones capable of ultra-low-cost deliveries, including a pilot program with a private hospital. The round was led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and executives from Tesla, SpaceX, and Anduril. Founded in 2020 … Continue reading “Indian Drone Startup Airbound Raises $8.65M for One-Cent Delivery – iShook Finance”
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Milan, Oct. 15 — Europe’s carmakers are facing new risks to electric vehicle production as China prepares to tighten restrictions on rare earth metal exports, according to Italy’s leading auto parts industry group. Roberto Vavassori, chairman of the Italian Automotive Industry Association (ANFIA), said on Tuesday that the region’s reserves of rare earth materials have … Continue reading “China’s Rare Earth Export Curbs Put Europe’s Electric Vehicle Industry at Risk – iShook Finance”
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Key Points Rivian introduced its Autonomy+ upgrade for hands-free driving, priced at $2,500 or $49.99 per month. The system runs on Rivian’s new Large Driving Model, with rollout planned for early 2026. Rivian revealed its first custom processor, RAP1, built to power its next autonomy computer. The company confirmed that lidar will be … Continue reading “Rivian Launches $2,500 Autonomy+ Upgrade and New AI Chip for Next-Gen Self-Driving – iShook Finance”
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Two decades ago, private space companies operated on the margins of the aerospace sector. Today, one of them — SpaceX — supports national programs, dominates global launch activity, and runs one of the world’s largest satellite networks. That growth has fueled a long-running question among investors: Will the public ever be able to buy SpaceX … Continue reading “Elon Musk’s SpaceX preparing 2026 IPO that could raise over $25 billion, source says – iShook Finance”
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Key Points SpaceX valuation reviewed between $750B and $800B Share price above $400 discussed, up from $212 in July Board reviewed the proposal this week at Starbase Employees and early holders may sell part of their shares Public listing timing discussed for late next year SpaceX is preparing an insider share sale that would place … Continue reading “SpaceX Plans Insider Share Sale at Up to $800 Billion Value – iShook Finance”
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Key Points • Michael Burry called Tesla “ridiculously overvalued” in a new post. • He said Tesla increases its share count by more than 3% each year without buybacks. • Burry says Elon Musk’s equity plan will add more shares when performance goals are met. • He did not disclose whether he currently holds Tesla … Continue reading “Michael Burry Criticizes Tesla Valuation and Musk Equity Plan – iShook Finance”
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Key Highlights — Musk x Kamath Podcast Interest payments on U.S. debt exceed $850B yearly, now larger than defense spending. Automation lowers production expense and supports growth without higher consumer prices. Three years projected for AI systems to show measurable productivity impact. Most AI tools remain in early deployment, so productivity data has not shifted … Continue reading “Elon Musk Says AI and Robotics Could Reduce U.S. Debt Pressure – iShook Finance”