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Wide-angle view of a battery storage facility

NatPower and Tesla reach deal on first phase of 5-billion-dollar battery storage plan

UK-based energy storage company NatPower signed a 1.3-billion-dollar supply agreement with Tesla for the first phase of a 5-billion-dollar battery storage program. Under the deal, Tesla will deliver 4.2 gigawatt-hours of Megapack units to Chile, Brazil and Australia by mid-2027.

Investing.com Americas5 h agoTSLA

Long exposure of a rocket launch in the night sky

North America

Musk's SpaceX stake crosses $1 trillion, other billionaire shareholders revealed

Elon Musk's stake in SpaceX has crossed $1 trillion after the company's latest secondary-market valuation. According to a CNBC review, Google's co-founders, Founders Fund and Fidelity rank among the largest billionaire holders. The company's valuation is more than double its level a year ago.

CNBC Top News2 d agoTSLA GOOGL