Tesla has launched its Robotaxi service in Miami, marking its first city outside Texas and California. This expansion is significant as it demonstrates Tesla's push to grow its autonomous ride-hailing network. Investors are watching closely to see if this move can improve Tesla's stock performance amid competitive pressures and market challenges. The success in Miami could pave the way for further city launches and wider adoption of Tesla's self-driving technology.
SpaceX announced plans to build natural gas power plants and large battery arrays to supply electricity for its new Terafab semiconductor factory in Texas, without using solar power despite Tesla's involvement. The factory, costing an estimated $16.8...
The global software-defined vehicle (SDV) market is forecasted to grow from $447.55 billion in 2026 to $1.7 trillion by 2035, at a 16% CAGR. Growth is fueled by advances in centralized vehicle computing, AI-enabled functions, over-the-air (OTA) updat...
Major tech stocks Tesla, Nvidia, and Amazon are set to open higher following a weaker-than-expected jobs report that has investors anticipating interest rate cuts. Tesla shows potential to fill a price gap near $340, while Nvidia benefits from recent...
Tesla reported Q2 revenue of $28.24 billion, marking a 26% year-over-year increase and showing accelerating growth for two consecutive quarters. Despite strong sales, the company's gross margin fell to 16.83% and operating margin dropped to 1.41%, si...
Tesla reported a 26% year-over-year revenue increase in Q2 2026, signaling improved top-line growth after previous sluggish quarters. However, the company faces deteriorating gross, operating, and EBITDA margins, indicating profitability challenges. ...
