The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market. All major U.S. indices posted modest gains in midday trading, with the Dow Jones Industrial Average leading slightly, soaring beyond the 44,000-point mark. The blue-chip index is set for its best...
Continue ReadingThe National Highway Traffic Safety Administration raised concerns about Tesla social media posts that suggested its Full Self-Driving software can be used as a robotaxi and do not need driver attention. NHTSA in October opened an investigation into 2.4 million Tesla vehicles with FSD software after four reported collisions, including a 2023 fatal crash. In a May 14 email made public Friday, NHTSA told Tesla its social media postings could encourage people to see FSD as a robotaxi "rather than a partial automation/driver assist system that requires persistent attention and intermittent intervention by the driver."...
Continue ReadingWASHINGTON (Reuters) -The National Highway Traffic Safety Administration raised concerns about Tesla social media posts that suggested its Full Self-Driving software can be used as a robotaxi and does not need driver attention. NHTSA in October opened an investigation into 2.4 million Tesla vehicles with FSD software after four reported collisions, including a 2023 fatal crash, during conditions including sun glare, fog, and airborne dust. In a May 14 email made public on Friday, NHTSA told Tesla its social media postings could encourage people to see FSD as a robotaxi "rather than a partial automation/driver assist system that requires persistent attention and intermittent intervention by the driver."...
Continue ReadingFinancial writer examines Tesla, Inc.'s Cybertruck challenges & overvaluation, questioning long-term viability & market cap justification. Click for our TSLA update...
Continue ReadingTesla is making its Cybertruck more financially attractive to buyers — but the offer may be only fleeting...
Continue ReadingWedbush Securities predicts Tesla Inc.‘s (NASDAQ:TSLA) artificial intelligence initiatives could see major gains under a Trump presidency, despite potential headwinds for the broader electric vehicle sector. What Happened: Dan Ives, a leading analyst at Wedbush Securities, projects that Donald Trump‘s return to the White House could significantly boost Tesla’s AI ambitions, potentially unlocking “$1 trillion of incremental AI valuation” for the electric vehicle maker over the coming years. Don't...
Continue ReadingYahoo Finance's Rachelle Akuffo goes over the trending headlines of the day, including Tesla (TSLA) climbing to a $1 trillion market capitalization, Taiwan Semiconductor Manufacturing Company (TSM) halts sales of its artificial intelligence (AI) chips to China, and Sezzle (SEZL) stock surges after the buy now, pay later company reported third quarter earnings. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan...
Continue ReadingTesla may not be the cheapest EV stock, but at least it's earning a profit...
Continue ReadingTesla’s (TSLA) market capitalization hit $1 trillion Friday morning, as Donald Trump’s election win has helped the EV maker’s stock surge this week...
Continue ReadingMorgan Stanley Highlights Tesla's Transition from EVs to AI and Robotics...
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