Tesla began offering rides in its new two-seat Cybercab in Austin, Texas, marking its first vehicle designed solely for autonomous driving without manual controls. The launch event was low-key, with no live footage or executive speeches, and the vehicle is currently authorized for limited driverless operation. The Cybercab relies entirely on Tesla's AI and Full Self-Driving software, raising safety concerns and ongoing investigations by U.S. regulators. Tesla plans to promote the Cybercab in other cities, but wider adoption depends on regulatory approval and market competition, especially in places like China.
Tesla has opened interest for businesses to buy Cybercab fleets or support infrastructure for its robotaxi network, indicating a move beyond running the service solely in-house. This marks a shift from Elon Musk's original vision of individual Tesla ...
Elon Musk announced that Tesla plans to create over 30,000 high-paying jobs in Austin by 2028 to build humanoid robots and Robotaxis, even as he predicts that within 10 years, a billion robots will outproduce all humans combined. This reflects Tesla'...
Tesla has deployed dozens of self-driving Cybercabs without steering wheels or brake pedals on Austin streets, betting on public acceptance of fully autonomous rides. This rollout marks a step toward expanding the service to other cities, despite Tes...
A trader placed a $10 million bet via options that SpaceX's stock will rise back above $175 by January 2028, a price level the stock hasn't reached since June. This bullish wager involves selling in-the-money puts, profiting if the stock stays above ...
Jim Cramer recommends revisiting the Magnificent Seven stocks—Amazon, Alphabet, Meta, Microsoft, Nvidia, Tesla, and Apple—after months of underperformance have made many of them undervalued. He highlights that massive AI infrastructure investments by...
