Hyundai Motor is accelerating its U.S. expansion with a $26 billion investment plan through 2028, including ramping up production at a new $7.6 billion plant in Georgia. The company aims to increase its U.S. market share, which has grown from 8.4% in 2020 to 11.8% in 2026, and produce at least 80% of the vehicles it sells in the U.S. domestically by 2030. This growth is driven by a broad product range from affordable Hyundai and Kia models to luxury Genesis vehicles, alongside plans for over 100 new vehicle launches and a focus on electrified models. Hyundai's strategy is supported by tariff-driven localization efforts and a goal to become the second most profitable automaker globally.
Tesla has rebranded its Full Self-Driving (FSD) system as "Assisted Driving" in Europe following criticism from German regulators who called the original name misleading. The German Federal Ministry of Transport clarified that the system assists with...
Tesla has renamed its advanced driver assistance system in Europe from "Full Self-Driving (Supervised)" to "Tesla Assisted Driving" following concerns from Germany's transportation ministry that the original name was misleading. The change aims to be...
Tesla's stock rose 3% following its rebranding of its driver-assistance software in Europe, dropping the controversial 'Full Self-Driving' label that European regulators opposed. The new name, Tesla Assisted Driving, reflects a more restricted versio...
Tesla is investing heavily with record deliveries and growing services, but earnings are down and free cash flow is negative. The stock will likely become a conviction buy only if Tesla achieves sustained positive free cash flow despite high capital ...
Despite Tesla stock being in a bear market over the past year, AI models like ChatGPT and Gemini predict a strong bull rally by 2030, with average price targets of $532.12 and $464.24 respectively. This forecast suggests a potential upside of around ...
