Tesla's shares fell 3% following the launch of its Cybercab robotaxi in Austin, which left many questions unanswered about production scale, regulatory approvals, and profitability. The Cybercab, a two-seat vehicle without steering wheels or pedals, has yet to receive necessary safety exemptions from federal regulators, unlike competitor Waymo which operates at a much larger scale. Investors are closely watching for updates on regulatory filings, fleet expansion, and ride volumes to gauge Tesla's progress in the autonomous taxi market.
Tesla launched its Cybercab, a vehicle without a steering wheel or pedals, by self-certifying its legality without prior regulator approval. The National Highway Traffic Safety Administration (NHTSA) has opened an audit to examine Tesla's certificati...
Tesla has started pilot production of its driverless Cybercabs in Austin, marking a key step toward volume production targeted for 2026. Despite the rollout being less dramatic than expected, Tesla's stock rose 6% for the week. Meanwhile, prediction ...
Ahead of Tesla's Cybercab reveal, traders bought $900 million in call option premiums, signaling strong bullish sentiment. However, experts caution that heavy call buying often misleads retail investors due to factors like dealer hedging and volatili...
The US National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Tesla's new Cybercab, which was released on public roads in Austin, Texas, without a steering wheel or pedals. This move challenges existing federal vehi...
Lemonade launched a new insurance product in Missouri offering Tesla drivers a 50% discount on miles driven using Tesla's Full Self-Driving (FSD) technology. This discount is based on Lemonade's analysis of crash data showing FSD reduces accident ris...
