Tesla has reduced its robotaxi fleet to about 20 vehicles despite expanding the Austin service area, raising safety concerns from former engineers. Meanwhile, SpaceX updated its IPO filing, indicating a lock-in period for Musk's shares and potential equity issuance for acquisitions, which may impact Tesla's stock. Tesla also saw a significant sales surge in France, recovering in the European market. Elon Musk commented on Terafab's tax impact, suggesting it could become a major revenue source for Grimes County, Texas.
Tesla historically posts strong gains in calendar week 37, averaging a 4.5% rise over 15 years, outperforming major tech peers. This comes after a recent 6% drop following its Cybercab robotaxi event, which faced negative investor reaction and a safe...
Tesla's stock fell 6% following a Cybercab update event that failed to excite investors. The Cybercab, a driverless robotaxi in production since April, was showcased in a private event without CEO Elon Musk. The National Highway Traffic Safety Admini...
Tesla's stock dropped more than 7% following a disappointing Cybercab launch that lacked key details like pricing and order mechanisms. Analyst Gordon Johnson from GLJ Research reiterated a 'Sell' rating and set a 12-month price target near $24, impl...
Tesla held a low-key event to introduce its Cybercab, a fully autonomous vehicle relying solely on cameras and AI, aiming to be more affordable than competitors like Waymo. Key details include restrictions on children under 13 riding in the Cybercab,...
The Schwab U.S. Large-Cap Growth ETF (SCHG) heavily concentrates its portfolio in just three tech giants—NVIDIA, Apple, and Microsoft—making up nearly a third of its holdings. Despite being marketed as a diversified large-cap growth fund, this concen...
