Industry

Musk says Tesla to open-source Model S and X; doubts raised on scope after Roadster precedent

Tesla CEO Elon Musk said the company would open-source the Model S and Model X, but questions are being raised over how much will actually be released, citing the earlier disclosure of the original Roadster. Only a small set of files and documents was published, with key design and firmware materials omitted. Licensing terms also drew criticism for lacking standard open-source permissions. Industry watchers are focused on whether a similar approach will be repeated for Model S and X.

Industry

Anduril in talks to raise new funding at $100 billion valuation

U.S. defense technology company Anduril is seeking to raise new funding at a $100 billion valuation, TechCrunch reported on July 24. If completed, the deal would lift the company\'s valuation by about $40 billion from $61 billion in May. Anduril raised $5 billion in May, about double its $30.5 billion valuation in its June 2025 Series G round. The funding could proceed in two phases and close this year.