Tesla has been accused of presenting misleading safety data to European regulators to gain approval for its Full Self-Driving (FSD) system. Independent researchers and Reuters found that Tesla exaggerated its safety claims by using unrealistic assumptions and comparing crash data unfairly, making the FSD system appear up to 10 times safer than human drivers. These inflated statistics were submitted to regulators in Sweden and the Netherlands. The controversy raises doubts about Tesla's autonomous driving safety and may impact regulatory approval and investor confidence.
On June 16, retail investors heavily bought SpaceX shares during its IPO debut, marking the largest retail net buying day for any recent IPO, while selling other stocks including major tech names like NVIDIA and Microsoft. SpaceX's market cap surged ...
Zoomex, a global crypto derivatives exchange, has introduced Zoomex Stocks, allowing users to trade tokenized versions of major U.S. equities and ETFs using USDT within a single account. This move responds to a market shift as institutional capital f...
Tesla's Robotaxi program, touted for no recent at-fault incidents, faces skepticism due to its small active fleet of 31 cars and only 14 truly unsupervised vehicles. Analyst Gordon Johnson criticized the project as a 'stock pump' scheme, noting the f...
Invesco QQQ Trust (QQQ) includes non-tech giants like Amazon and Tesla, blending consumer and communication sectors with tech, while Technology Select Sector SPDR Fund (XLK) focuses strictly on technology stocks like NVIDIA, Apple, and Microsoft. XLK...
SpaceX debuted on Nasdaq under ticker SPCX, quickly reaching a $2.85 trillion market cap and surpassing Tesla, Meta, and Amazon. This historic IPO raised $85.7 billion, the largest ever, making Elon Musk the world's first trillionaire. The event chal...
