EU regulators from the Netherlands and Scandinavian countries have expressed safety concerns about Tesla's Full Self-Driving (FSD) technology, particularly its performance on icy roads and its tendency to speed up. These concerns come as Tesla aims for ambitious milestones tied to CEO Elon Musk's $1 trillion pay package, including 10 million active FSD subscribers and 1 million robotaxis on the road. Approval of the FSD tech across the EU requires support from a majority of member states and population, with Tesla lobbying several countries for approval. Meanwhile, Tesla shows mixed sales performance in Europe and continues development on its Cybercab and robotaxi services, though progress on robotaxis remains slow.
The Roundhill Magnificent Seven ETF (MAGS) provides equal-weight exposure to seven leading mega-cap tech stocks: Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla. Since its April 2023 launch, it has attracted $3.5 billion, reflecting stron...
Northrop Grumman CEO Kathy Warden did not rule out the possibility of weaponizing the company's robotic spacecraft, the Mission Robotic Vehicle (MRV), during an earnings call. The MRV, set to launch soon via SpaceX, is designed to repair, relocate, a...
Options traders are anticipating Tesla's stock to experience its largest post-earnings move in a year when it reports earnings Wednesday after market close, with implied volatility suggesting a 5.76% price swing. This is the biggest expected move sin...
Tesla has started testing its unsupervised Model Y robotaxis in Orlando and Tampa, marking the third Florida city after Miami. This move comes just before Tesla's Q2 earnings call and reflects a cautious rollout with limited operational areas. Despit...
Tesla announced a software update coming this summer that will enhance its Grok AI assistant with voice commands for tasks like phone calls, music, and climate control. The update also introduces new self-driving features, including sharing driving s...
