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.
Tesla's Q2 2026 earnings revealed worsening profit margins and increased spending on research and capital expenditures, causing a sharp 16.3% drop in its stock price. Management indicated plans for significant capital investment in the coming years, ...
Amazon has applied for a license to operate a network of 5,105 satellites aimed at providing mobile phone services, with launches expected to begin in 2028. This follows Amazon's acquisition of Globalstar's satellite operations and aims to expand sat...
Last week, major tech stocks like Alphabet and Tesla saw sharp declines due to their negative free cash flow, driven by massive capital expenditures on AI. This shift from earnings to free cash flow focus signals a market turning point and raises con...
Tesla reported record revenues and vehicle deliveries in Q2, showing strong top-line growth across automotive, energy, and services sectors. However, earnings remain under pressure due to increased operating expenses and capital expenditures. The com...
The S&P 500 remains close to its all-time high, down only 2.7% despite recent declines. Last week, energy and commodities stocks led gains, while tech and growth stocks, including Tesla, faced heavy selling pressure. Tesla's shares fell 18% after its...
