Dow Jones futures traded lower after President Trump announced the U.S. bombed Iran nuclear sites. The Tesla launched its robotaxi service...
Continue Reading(Bloomberg) -- Tesla Inc. rolled out its long-promised driverless taxi service to a handful of riders Sunday, a modest debut for what Elon Musk sees as a transformative new business line.Most Read from BloombergBezos Wedding Draws Protests, Soul-Searching Over Tourism in VeniceOne Architect’s Quest to Save Mumbai’s Heritage From DisappearingNYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA ReportsThe first robotaxi trips were limited to a narrow portion of Tesla’s hometown of Austin, with...
Continue ReadingElectric car maker Tesla started a trial of its long-awaited robotaxi service in Austin, Texas, on Sunday, the first step toward what could be a showdown with Alphabet's Waymo, the only player currently offering fully autonomous paid rides in the United States. Tesla Chief Executive Elon Musk has started off with about 10 Model Ys and promised to focus on safety. He says Tesla could scale quickly, and he plans a separate robotaxi vehicle...
Continue ReadingTesla has started giving rides in driverless Model Y SUVs in Austin. Details are still sparse, but limited service is open to vetted and invited riders...
Continue ReadingMarkets enter the final week of June facing a complex landscape of geopolitical uncertainties, critical economic data, and a potential technological milestone. Here are 5 things to watch this week in the Market...
Continue ReadingArk Invest's price targets on Tesla shouldn't be taken too literally and may prove overly optimistic (again), but they are based on sound arguments. Tesla has a history of overpromising and underdelivering on full self-driving. Tesla could still be a highly lucrative investment if its robotaxi business succeeds...
Continue ReadingBillionaire and Tesla (NASDAQ:TSLA) CEO Elon Musk argued in March that if a commercial company operated like the U.S. federal government, it “would go immediately bankrupt.” But economist and former U.S. Labor Secretary Robert Reich says that’s exactly the point—the government isn’t a business and shouldn’t be run like one. Government Is About People, Not Profits Musk: If a commercial company operated the way the federal government does, then it would be — immediately go bankrupt. It would be de...
Continue ReadingBefore he became the richest man in the world, Elon Musk set out to prove something to himself—that if all his bold ideas failed, he could still survive in America. Literally. In a 2015 interview with astrophysicist Neil deGrasse Tyson on StarTalk Radio, Musk reflected on his early mindset, revealing just how far he went to test his personal threshold for survival. At the time, he had already founded Tesla and SpaceX, but the conversation turned to a much earlier phase in his life—just after col...
Continue ReadingThe limited Austin ride-hailing service is officially underway., as Elon Musk had signaled. It includes safety monitors...
Continue ReadingSAN FRANCISCO (Reuters) -Elon Musk's vision of Tesla's future is set for a public test on Sunday, when a dozen or so self-driving cars in Austin, Texas start a limited, paid robotaxi service. Though Tesla is dispensing with a webcast product launch event helmed by Musk, fans will be scouring the internet for videos and reports from the coterie of invited riders that will be allowed to hail the small stable of Model Y SUVs for trips within a limited area of the city, accompanied by a Tesla safety monitor in the front passenger seat...
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