Teslas
Investing.com — Wells Fargo (NYSE:) hosted a visit at Tesla (NASDAQ:)’s GigaTexas factory on Thursday, but the tour was canceled due to an unexpected utility issue at the facility. Despite the change in plans, the firm had the opportunity to test drive the Cybertruck and discuss the company’s recent developments…
Tesla’s Chinese rivals are building their own humanoid robots to rival Tesla.EV startup Xpeng unveiled its Iron humanoid robot at its AI day event this month.The company said Iron was already deployed in its factories, joining BYD and Nio in using humanoid robots to build cars. Tesla is facing fierce…
Zoox cofounder Jesse Levinson said at TechCrunch Disrupt that he drives a Tesla.He said he sometimes uses Tesla’s so-called Full Self-Driving mode.The experience is “stressful” because of its potential to make a driver complacent, he said. The cofounder of Zoox, an Amazon-backed robotaxi company, said he sometimes feels nervous when…
Tesla’s falling California sales point to bigger problems for the car company.Changes to the EV market are finally catching up to Tesla.Some customers and investors are losing patience with Musk’s political antics. Tesla is losing some ground in its home state of California, signaling more trouble ahead for the world’s…
Tesla reported blowout earnings this week, but its biggest growth driver wasn’t cars or robots.Its energy business grew by over 50% year over year, earning Tesla over $7 billion in revenue so far in 2024.Elon Musk said on Tesla’s earnings call that the energy unit is “growing like wildfire.” Tesla…
By Akash Sriram and Abhirup Roy (Reuters) – Tesla (NASDAQ:)’s investors and analysts will get a chance to grill CEO Elon Musk on his robotaxi plans on Wednesday when the electric automaker reports its quarterly results, after a much-hyped unveil this month that lacked key details and slammed shares. Musk’s…
Tesla debuted its prototype Cybercab at Thursday’s “We, Robot” event in Los Angeles.Tesla stock fell more than 9% on Friday, reducing Elon Musk’s net worth.Though his net worth dropped by about $15 billion, Musk remains the world’s richest man. Tesla’s robotaxi event, at which the company debuted the long-anticipated prototypes…
Tesla faces several regulatory hurdles before launching a robotaxi service.Insurance is already a complex subject for ride-hailing fleets and Tesla vehicles. High insurance costs could wipe out earnings for Cybercab owners. There are plenty of hurdles for Tesla’s promised robotaxi fleet to clear before launching, but one overlooked barrier may…
By Chris Kirkham LOS ANGELES (Reuters) -For a businessman who perpetually struggles with broken promises, Elon Musk gave himself quite a to-do list Thursday night at Tesla (NASDAQ:)’s long-awaited Hollywood unveiling of its driverless robotaxis. His slew of announcements during a 20-minute presentation were short on practical details and prompted…
By Abhirup Roy and Akash Sriram (Reuters) – Tesla (NASDAQ:) is set to unveil its long-promised robotaxi in Hollywood late on Thursday and update investors on artificial intelligence projects, efforts CEO Elon Musk has bet will drive the electric vehicle maker’s long-term growth. Enthusiasm around the event has been on…
