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, absence of standard child seat anchors, and advanced crash safety features such as automatic door unlocking and brake application. Tesla also uses brake-by-wire technology to reduce complexity and cost, and the Cybercab windows cannot fully open. The company faces scrutiny from safety regulators as it must prove the vehicle's safety to the public and authorities. This launch marks a significant step in Tesla's autonomous vehicle ambitions but leaves many details to be proven in practice.
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...
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...
Tesla launched its Cybercab, a vehicle without a steering wheel or pedals, by self-certifying its legality without prior regulator approval. The National Highway Traffic Safety Administration (NHTSA) has opened an audit to examine Tesla's certificati...
Tesla has started pilot production of its driverless Cybercabs in Austin, marking a key step toward volume production targeted for 2026. Despite the rollout being less dramatic than expected, Tesla's stock rose 6% for the week. Meanwhile, prediction ...
