News
Suspect charged in connection with Tesla New Mexico arson
Another suspect has been charged in connection with the vandalism of a Tesla store—this time in New Mexico.
Authorities have arrested and charged a suspect in connection with a firebombing attack on a Tesla store in New Mexico, amidst a larger wave of vandalism attempts targeting the company’s vehicles and retail locations.
On Monday, U.S. Attorney General Pam Bondi and FBI Director Kash Patel announced that a suspect had been arrested in relation to a pair of firebombing attempts on Tesla’s Albuquerque store, saying that authorities would attempt to seek up to 40 years in prison for the suspect.
Later in the day, the Albuquerque resident, 40-year-old Jamison Wagner, had officially been charged related to separate fires at the Tesla store on February 9 and at a nearby Republican Party office on March 30, according to a report Bloomberg. The suspect is charged with two counts of malicious destruction of property by fire or explosives.
“We have made an arrest in connection to the February firebombing of a New Mexico Tesla dealership and the March attack on the New Mexico Republican Party Headquarters,” Bondi wrote in a post on X. “We will be prosecuting to the fullest extent of the law. We are seeking up to 40 years in prison—no negotiating.”
🚨 Elon Musk announces the measures Tesla is taking to fight the vandalism that has been going on at stores across the country https://t.co/rAZzbzLayQ
— TESLARATI (@Teslarati) March 20, 2025
READ MORE ON TESLA VANDALISM: Tesla attacks get FBI task force to squash the acts of ‘domestic terrorism’
Patel went on to say in his own post that evidence recovered at the crime scene suggested that the arrest, made on Saturday, prevented further arson attempts.
The February attack involved two Tesla vehicles that had been set on fire, along with graffiti saying “Tesla Nazi Inc,” “Die Elon,” and drawings of swastikas, court documents show.
After gaining a search warrant for Wagner’s home, Federal investigators discovered evidence that linked him to both the Tesla store attack and the Republican headquarters attack, including incendiary devices and spray paint identified as the graffiti at the crime scenes.
The news follows a series of vandalism targeting Tesla stores in the U.S. and around the world, in response to Elon Musk’s controversial involvement with the administration of President Donald Trump.
Over the past few months, Bondi, Patel, Musk, and the Trump administration have repeatedly vowed to prosecute offenders to the fullest extent of the law in the past several weeks, along with noting that the attacks would be considered “domestic terrorism.”
In late March, authorities charged another vandal in connection with a Las Vegas repair center fire, concluding that the alleged attacker had used Molotov cocktails to set the building and five vehicles on fire. The same week, another 17 cars at a Tesla store in Rome, Italy were set on fire, while the country’s anti-terror police unit, the General Investigations and Special Operations Division, known as DIGOS, continues to investigate how the fire began.
Last Tuesday, Tesla announced that the company was working with the FBI to investigate an explosion at a Supercharger in Lacey, Washington. While a suspect hasn’t been arrested, authorities and users online have since been circulating photos from surrounding security footage to attempt to identify a man who is now wanted by police in connection with the attack.
This Tesla vandal caused thousands in damage, but she was let off the hook: Here’s why
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.