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.
US regulators are investigating Tesla's self-driving Cybercabs and Model Y vehicles from the 2026 model year over claims they have been speeding in active school zones. The National Highway Traffic Safety Administration (NHTSA) launched a preliminary...
Jefferies increased its price target for Tesla to $400 from $350, citing resilient vehicle deliveries and promising non-automotive business prospects despite rising costs. Tesla delivered 486,532 vehicles in Q3, showing steady demand across major mar...
Tesla has rebranded its Full Self-Driving (FSD) system as "Assisted Driving" in Europe following criticism from German regulators who called the original name misleading. The German Federal Ministry of Transport clarified that the system assists with...
Tesla has renamed its advanced driver assistance system in Europe from "Full Self-Driving (Supervised)" to "Tesla Assisted Driving" following concerns from Germany's transportation ministry that the original name was misleading. The change aims to be...
Tesla's stock rose 3% following its rebranding of its driver-assistance software in Europe, dropping the controversial 'Full Self-Driving' label that European regulators opposed. The new name, Tesla Assisted Driving, reflects a more restricted versio...
