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 is set to expand its gold-colored Cybercab robotaxi service from Austin to Dallas in November and start selling the vehicles to outside fleet operators by the end of the year. The company aims to dominate transportation, but faces challenges in...
SpaceX announced that any merger with Tesla requires approval from Elon Musk, the controlling investor, even though he has stepped back from talks due to conflicts of interest. Musk recently called the merger a "good idea" and both companies have for...
Despite a recent pre-market stock selloff triggered by concerns over AI spending and mixed earnings from Tesla and Meta, along with an Asian market decline and rising oil prices due to Middle East tensions, the outlook remains bullish for a year-end ...
Elon Musk has pledged about $366 million to influence the 2026 U.S. midterm elections, primarily supporting Republican candidates to maintain a favorable political environment for his companies like Tesla and SpaceX. His businesses, especially SpaceX...
Peter Diamandis, an early investor in SpaceX and longtime associate of Elon Musk, forecasts that Musk's integrated tech empire spanning AI, satellites, robotics, and solar energy could hit $1 trillion in revenue by 2028 or 2029. This ambitious predic...
