Tesla reported $22.39 billion in Q1 revenue with a 21.1% automotive gross margin, boosted by a 51% increase in Full Self-Driving subscriptions and a doubling of free cash flow to $1.44 billion. Rivian's revenue was $1.381 billion, but its automotive segment faced a $62 million gross loss despite a 20% rise in deliveries. Tesla is investing heavily in AI and robotaxi technology, while Rivian focuses on cost reduction and scaling production of its R2 model. Tesla's strong balance sheet and software growth contrast with Rivian's higher risk profile, as the latter aims for positive automotive gross profit to improve investor confidence.
Tesla Robotaxis have been involved in at least two crashes in Austin, Texas, while remotely operated at low speeds, according to newly unredacted data submitted to the NHTSA. Both incidents involved a safety monitor in the vehicle and no passengers, ...
Citi lowered its price target for Lucid Group to $14 from $17 but maintained a Buy rating, citing the company's Q1 2026 revenue miss and suspension of its 2026 outlook. Despite near-term challenges, including a net loss of about $1 billion and negati...
Investor Austin Hankwitz highlights covered calls as a simple options strategy to generate steady income by selling call options on Tesla shares he owns. By selling the right to buy Tesla stock at a higher price, he earns premiums, which provide cash...
Ford shares fell 7% intraday after a recent 20% surge in one week, driven by profit-taking rather than any fundamental change. The company recently raised its full-year guidance, and operational performance remains strong. Tesla also dropped 4%, infl...
The AI market is experiencing significant growth, yet concerns about an AI bubble persist, especially in overheated sectors like semiconductors. While some high-flying AI chip stocks may face sharp corrections, broader AI firms and major tech players...
