Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products. The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future. Read More
Tesla Inc. (NASDAQ: TSLA) shares are volatile Wednesday following a flurry of news around the company's AI ventures, robotaxi ambitions, improving China sales and historical seasonal strength.
Elon Musk reaffirms commitment to lead Tesla for another 5 years despite concerns over government work. Stock down 9.35% YTD but surged 50% last month.
Tesla (NASDAQ: TSLA) is set to launch its robotaxi service in Austin, Texas, in June 2025, starting with a limited fleet of approximately 10 vehicles and aiming to scale up to 1,000 within a few months. The rollout will be invite-only and will utilize teleoperators to assist when the autonomous system encounters difficulties. CEO Elon Musk emphasized that the robotaxis will be geofenced to operate only in selected safe areas and will avoid complex intersections unless the system is highly confident in their safety. This cautious approach follows a Business Insider report detailing a test where Tesla’s Full Self-Driving (FSD) Supervised software ran a red light in San Francisco. Musk criticized the comparison, arguing that the test did not accurately reflect the performance of the autonomous software intended for robotaxis, which will be FSD Unsupervised.
The Future Fund LLC managing partner, Gary Black and a long-term Tesla bull, is challenging conventional wisdom among Tesla investors regarding the future of autonomous ride-hailing and Uber Technologies Inc.'s position in the market.
Heading into Wednesday’s market opening, retail sentiment for Tesla was ‘bullish’, as investors digested comments from the analyst and Musk’s recent remarks.
Elon Musk rebuffed Bill Gates' claim that his deep USAID cuts will "kill the world's poorest children," demanding evidence and firing back with a Jeffrey Epstein jab while defending DOGE's $160 billion savings effort.
