SpaceX has raised just over $1 billion in financing since the beginning of the year.
"Would be like trying to build the USA in the middle of the Atlantic Ocean!" Elon Musk tweeted.
An analyst for Ark Invest, which has a major investment in Tesla, says drastic price-target cuts on Wall Street are missing the big picture.
Futures are pointing to a rebound at the Friday Wall Street open ahead of the long holiday weekend, but not nearly enough to make up for the week's losses.
SpaceX sent 60 satellites into space in a key first mission toward the company's own high-speed internet network.
SpaceX is set to launch 60 of its internet satellites on Thursday evening from Cape Canaveral, Florida.
The board of the Las Vegas Visitors and Convention Authority voted Wednesday to approve a $48.6 million contract with Musk's tunneling company.
The volatile stock of Tesla has lost over 40% so far this year, and experts are split on what might happen next.
A pioneer in autonomous driving is doubling down on a self-driving technology called lidar that uses sensors to navigate through traffic, instead of cameras, just a few weeks after Tesla CEO Elon Musk called the technology "freaking stupid."
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.
A previously secret lawsuit filed by SpaceX was revealed on Wednesday.
Tesla's fall is likely due to more short sellers betting against the company, priming shares for a sharp move upward, Bank of America said.
Craig Irwin of Roth Capital Partners said Apple tried to buy Tesla six years ago for a higher price than where the stock now trades.
CNBC's Jim Cramer says Morgan Stanley cutting its worst-case forecast on Tesla so drastically from $97 per share appears to be a gimmick.
"Shaking up entrenched industries can do [a] world of good," says Richard Branson, whose first venture was a mail order record business that he built into Virgin Records.
Wedbush cuts its price target on Tesla shares to $230 from $275.
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.
The memo says that $2 billion in fresh funding would only cover 10 months of business at the company's first-quarter burn rate.
Tesla shares fell to their lowest since January 2017, after the NTSB said the company's Autopilot system was engaged during a fatal crash.