2/26/25

Tesla’s market cap is nearly back to where it was before Trump won

Looks like the honeymoon is over.

Most of the stock gains Tesla made in the aftermath of President Donald Trump’s election are gone. As such, so is the company’s over $1 trillion valuation.

It appears the glow surrounding CEO Elon Musk’s close relationship with the president is wearing off, and investors are taking a closer look at what’s actually happening at his car company. And it doesn’t look good. So far this year, sales have been declining in Europe and around the world.

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Millie Giles

SEARCH AND DESTROY

Google faces its first big lawsuit for AI summaries, from one of many media companies it’s eclipsing

With most of America’s major news sites seeing large drops in readership, even the tech giant itself admits the web is in “rapid decline.”

Rani Molla

Google joins Apple, Microsoft, and Nvidia with a $3 trillion-plus valuation

Today, Google became the fourth company to surpass a $3 trillion market cap, joining the likes of Nvidia, Microsoft, and Apple. Google’s shares were up 4% in early trading, pushing the company over the $3 trillion milestone. The stock has been on a tear following a federal court ruling earlier this month that avoided some of the worst-case antitrust scenarios regarding its search monopoly, including breaking up the company. And earlier today Citigroup raised its Google price target to $280 from $225, citing “an accelerated product development cycle that is beginning to emerge with greater Gemini adoption across both its Ads and Cloud businesses.”

Apple is packing a growing number of self-built custom chips into its gadgets

Fifteen years ago, Apple started on a journey to build its own custom chips. Today, more and more core functions are running on Apple silicon.

Jon Keegan1h

Tesla turns positive for the year

Tesla shares surged Monday after CEO Elon Musk disclosed buying more than $1 billion worth.

Rani Molla2h

Mapped: Where Google’s Waymo is, will be, and might go

Waymo is operating more than 2,000 autonomous vehicles and testing in many markets. Meanwhile, Tesla’s autonomous operations are tiny, but its ambitions are huge.

Rani Molla3h

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