Tesla’s Sky High Valuation Prompts Morgan Stanley to Cut Rating

Developers of a data center associated with Alphabet Inc.'s Google are seeking to raise funds through the junk-bond market, with Morgan Stanley leading the financing effort. This move is part of a broader trend of increased borrowing to support projects linked to the artificial intelligence sector.

Elon Musk's initiative to establish an elementary school in Texas, aimed at transforming education, has reportedly encountered significant challenges, leading to doubts about its viability. The program, which included basic amenities like sleep cots and graham crackers, reflects Musk's broader ambitions in the educational sector.

California regulators have issued a warning to Tesla, threatening a 30-day suspension of its sales license unless the company modifies its marketing of self-driving features, following a judge's ruling that deemed the claims deceptive. This situation highlights ongoing scrutiny of Tesla's autonomous vehicle claims and their implications for consumer safety.