Although a strong start to the year is generally a bullish signal, investors should curb their enthusiasm for spectacular gains for the rest of 2024. Click here to read why...
Continue ReadingTesla (TSLA) CEO Elon Musk has turned his attention to the latest endeavor for the EV company: robotaxis. After the heavy criticisms lobbed toward Tesla's own full self-driving features and other automakers' robotaxi fleets is this the right move for the electric vehicle innovator? Edge Case Research CEO Michael Wagner — whose risk management specializes in autonomous driving adoption — explains that the technology is "not yet good enough to operate everywhere" based on many variables and is curious to see how Tesla has its self-driving data "calibrated" to account for safety. "What I would really love to see in that kind of an event is what's called a safety case, which is a structured argument for why the technology is ready to go out on the road. We have standards that are written like UL 4600 that they could use to be able to argue that very effectively to the public and to regulators," Wagner says to Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan...
Continue ReadingChinese automakers like BYD (BYDDY) and XPeng (XPEV) make electric vehicles that are far cheaper than the ones made in the USA. But they're hard to find in the US and, if politicians and domestic automakers (F, GM, TSLA) have their way, that's how it's going to stay. Yahoo Finance's Pras Subramanian and Rick Newman explain why in the video above. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich...
Continue ReadingThe drive to electrify personal cars in California has, at best, hit a rough patch. The big question is whether current conditions will turn out to be growing pains...
Continue ReadingUnitedHealth’s adjusted earnings top analysts’ estimates and the stock surges, Trump Media shares extend losses, and quarterly earnings from Bank of America and Morgan Stanley beat expectations...
Continue ReadingHonda Motor Co Ltd (NYSE: HM) has lagged its European, U.S. and even Chinese competitors in ramping up its EV efforts in attempt to join Tesla Inc (NASDAQ: TSLA) and BYD Company Limited (OTC: BYDDY) in the all-electric race.But on Tuesday, Japan's second-biggest car maker announced its latest effort to regain its relevance in the world’s greatest EV market. Honda Unveils A New EV Brand In China On Tuesday, Honda revealed it will be launching six next-generation EVs in China by 2027. In addition,...
Continue ReadingTesla stock slipped again on Tuesday, with shares now down nearly 9% since yesterday after the company announced a “more than 10%” staff reduction...
Continue ReadingTesla has delayed deliveries of its Cybertruck in recent days, according to buyers, the latest stumble for the automaker facing weakening demand for its electric vehicles. Buyers say Tesla pushed back the scheduled delivery date for the stainless steel pickup truck without giving a reason. Tesla didn’t immediately return a request for comment Tuesday...
Continue ReadingThis Tesla analyst, while staying bullish, has some cutting words for CEO Elon Musk...
Continue ReadingShares of Tesla (TSLA) are trading lower following a Reuters report that the automaker's global job cuts will affect its largest markets: the US and China. The layoffs will impact the sales and engineering divisions, and come as two of the company's top executives, Drew Baglino and Rohan Patel, leave the company. Yahoo Finance anchors Seana Smith and Madison Mills discuss how Tesla could see rocky months ahead, particularly given certain consumer pressures. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This article was written by Gabriel Roy...
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