Two Tesla stock downgrades have some investors reeling about holding shares long-term...
Continue ReadingA group of Democratic lawmakers in Texas is asking Elon Musk to delay the planned rollout of driverless ‘robotaxis’ in the state this weekend to assure that the vehicles are safe. In a letter, seven state legislators asked Tesla to wait until September when a new law takes effect that will require several checks before autonomous vehicles can be deployed without a human in the driver's seat. Tesla is slated to begin testing a dozen of what it calls robotaxis for paying customers on Sunday in a limited area of Austin, Texas...
Continue ReadingWhat investors and consumers need to know about a fast-growing industry that will top trillions of dollars in sales. Nvidia, Tesla, and Alphabet should benefit...
Continue ReadingTesla's market capitalization, currently hovering just over $1 trillion, could start down the road to doubling in value by the end of 2026 if its robotaxi launch goes well this weekend, Wedbush analysts led by Dan Ives wrote Friday...
Continue Reading(Reuters) -Tesla has sent out invitations to a small group of people to join the limited test of its robotaxi service in Austin, Texas, which is tentatively set to start on Sunday, according to posts and email screenshots on social media. The invitations said a Tesla employee will accompany riders in the front passenger seat, the posts showed. A successful trial in Austin will be crucial for Tesla, as car buyers shun the company following its CEO Elon Musk's embrace of hard-right politics in the U.S. and worldwide...
Continue ReadingFederal Reserve Chair Jerome Powell is set to testify before Congress next week. This past week saw the Federal Reserve hold interest rates steady, while leaving the door open to cuts in the second half of the year...
Continue ReadingSpeaking to young founders at Y Combinator's AI Startup School in San Francisco earlier this week, Tesla Inc. (NASDAQ:TSLA) Elon Musk shared raw, humorous and insightful reflections on his early startup journey—and why rejection shaped his mission to build the future. What Happened: In a fireside chat with Y Combinator CEO Garry Tan, Musk revisited his 1995 decision to drop out of Stanford University's PhD program and take a gamble on the internet—then a largely unknown frontier. Musk admitted h...
Continue ReadingTesla (NasdaqGS:TSLA) marked a significant milestone with a 29% increase in its share price over the last quarter, aligning with broader market trends despite facing challenges. The announcement of opening its first showrooms in India represents a substantial step into a key market, potentially boosting investor sentiment. Meanwhile, the resignation of a key executive and the inclusion of a new board member might have created mixed reactions, though these were countered by expanded market.....
Continue ReadingWedbush says Tesla stock could hit a $2 trillion market cap on the back of its upcoming robotaxi services. Dan Ives continues to see upside in TSLA shares to $500...
Continue ReadingThe EV giant launches in India with luxury showrooms and sky-high tariffs--testing just how far brand power can go...
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