Tesla is gearing up to reveal more details about its Cybercab, a driverless two-seater robotaxi with no steering wheel or pedals, at an invitation-only event in Austin, Texas. The company has been testing versions of the vehicle with human drivers, but recent videos show Cybercabs operating without drivers on public streets. This move aims to challenge competitors like Waymo, which currently leads the U.S. robotaxi market. Morgan Stanley analysts say a strong rollout of unsupervised vehicles could boost Tesla's stock, which has fallen 21% this year. However, safety investigations and regulatory scrutiny remain ongoing concerns.
Tesla's Cybertruck, launched at nearly $120,000, was labeled the biggest flop in automotive history due to weak sales and pricing issues. Now, Range Rover is entering the high-end electric vehicle market with its $138,000 electric SUV, aiming to avoi...
Elon Musk told G20 leaders AI and robotics could add $20 to $30 trillion annually to the global economy within about 18 months, citing Tesla's self-driving tech, upcoming humanoid robots, and advanced AI software. However, experts and supply chain co...
At a G20 event, Elon Musk forecasted that artificial intelligence could increase the global economy by 20% to 30%, equating to $20-$30 trillion per year. He believes AI will soon handle all tasks not requiring manual atom shaping, possibly by the end...
Tesla's stock has fallen 22% this year, contrasting with gains by other Magnificent 7 members like Apple, Nvidia, and Amazon. The article argues Tesla, primarily an automaker, does not fit in the Magnificent 7, a group defined by transformative tech ...
Tesla held its Cybercab event on September 3 in Austin, Texas, showcasing its autonomous taxi technology with high marketing hype. However, Wall Street remains cautious, with Morgan Stanley maintaining a 'Hold' rating and a $400 price target, noting ...
