Tesla reported $22.39 billion revenue with growing Full Self-Driving subscriptions and expanded automotive margins, focusing on a global fleet streaming video for AI training. Google posted $109.90 billion revenue, driven by strong Cloud growth and Waymo's 500,000 weekly paid autonomous rides, showcasing a metro-focused rollout. Tesla's approach is cheaper per car but still in pilot phase, while Alphabet's Waymo is already generating fare revenue. Investors watch for Tesla's robotaxi commercial launch and Waymo's scaling without safety issues as key next steps.
Tesla has settled a lawsuit related to a fatal 2023 crash involving its Full Self-Driving (FSD) system, where a pedestrian was struck while directing traffic. The National Highway Traffic Safety Administration (NHTSA) continues to investigate Tesla's...
Oppenheimer analyst Timothy Horan set a $250 price target on SpaceX, emphasizing the company's strong position in artificial intelligence, particularly in robotics and autonomous systems. Starlink is expected to be SpaceX's primary revenue driver, ta...
Polestar is blocked from selling its electric vehicles in the US because it lacks permission under the Connected Vehicles Rule, which restricts cars with technology controlled by Chinese companies. Despite this, Polestar's US sales have been nearly n...
Tesla's push into robotics with Optimus and Cybercab is seen as a high-risk, high-reward bet priced into its steep valuation, despite zero current robotics revenue. The Global X Robotics & Artificial Intelligence ETF (BOTZ) offers a diversified alter...
SpaceX is considering acquiring T-Mobile as a strategic move to expand its Starlink Mobile wireless service if it cannot secure a wholesale network deal with another company. Analyst Gregory Williams suggests T-Mobile is the most logical target due t...
