The electric car company run by billionaire Elon Musk was accused last year by California's Department of Motor Vehicles of falsely advertising its Autopilot and Full Self-Driving features as providing autonomous vehicle control. The DMV is seeking remedies that could include suspending Tesla's license to sell vehicles in California, Tesla's largest U.S. market, and requiring the company to make restitution to drivers. Tesla in a Dec. 5 filing with the state Office of Administrative Hearings, released by the state on Friday, said that the DMV had investigated its use of the Autopilot brand in 2014 and of that and other phrases in 2017...
Continue ReadingIt can take 20 minutes to “fast charge” an electric car up to 80% so you can get back on the road. It would seem faster to just change your vehicles’ battery like you would in a toy car and be back on the road in just a few minutes with a fully charged battery pack...
Continue ReadingThe stock market has been driven by the outperformance of the Magnificent 7 stocks. But is it too late to buy these stocks? And if so which one should you buy? Freedom Capital Markets Chief Global Strategist Jay Woods joins Yahoo Finance’s Julie Hyman on Good Buy or Goodbye. Woods calls Amazon (AMZN) a "good buy," citing bullish technicals, reasonable P/E ratio, and strong e-commerce and cloud businesses. Tesla (TSLA) didn’t seem to make the cut—Woods states the biggest drawbacks are the downtrending stock chart, delays and disappointments launching the Cybertruck, and recent earnings disapointments, To see more Good Buy or Goodbye, click here. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingThe S&P 500 hit a 2023 high, signaling the market may be ready for run again. 5 chip stocks are in buy zones as Tesla sets up...
Continue ReadingWhen artificial intelligence (AI) is mentioned Microsoft, Nvidia, and Alphabet are often the first stocks that come to mind. And for good reason. They're all excellent companies, and each one, in its own way, is responsible for exciting AI innovations...
Continue ReadingThe recently released Tesla Cybertruck joins a small crowd of electric pickup trucks from a variety of manufacturers ranging from the startup Rivian with its R1T, to more established brands like Dearborn-based auto giant Ford with the F-150 Lightning. According to data compiled by Autolist, a potential Toyota Tacoma EV beat out other electric pickup trucks in a hypothetical matchup that includes the likes of the Ford F-150 Lightning and the Tesla Cybertruck, as well as the upcoming Chevrolet Silverado EV and Ram 1500 REV...
Continue ReadingCar manufacturers are facing more than 1.2m compensation claims following allegations that “defeat devices” were fitted to diesel vehicles to get around emissions tests, judges have been told...
Continue ReadingThe stock market rally enjoyed modest weekly gains, with the major indexes all near 2023 highs. AMD and Google surged on AI news...
Continue ReadingAfter a record-breaking contract, the UAW’s president is looking to expand the movement to nonunionized automakers. He won’t let Musk get in the way...
Continue ReadingArk Invest's thesis for Tesla — which has the stock trading at $2,000 a share by 2027 — is based largely on the firm's predicted value of the company's Full Self-Driving technology and the robotaxis that Ark thinks will follow. Wedbush Securities analyst Dan Ives is convinced that Tesla is a technology and artificial-intelligence play, rather than simply a car company. He told TheStreet in August that Tesla's Full-Self-Driving technology positions the company as one of the "best AI plays when you look down the road three to five years."...
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