Nevada's Transportation Authority has approved permits for Tesla, Uber, and Waymo to operate commercial robotaxi services in Clark County, including Las Vegas. Tesla can deploy up to 5,000 robotaxis, Waymo 1,000, and Uber 1,000 through partners Motional and Zoox, totaling up to 8,000 vehicles over the next year. However, Tesla expects to deploy only about half that number due to operational limits. This large-scale rollout could transform local transportation, sparking debate over job impacts and road congestion, with some local taxi groups opposing the rapid expansion. Uber advocates a hybrid model combining human drivers and robotaxis to ease integration and manage demand.
Tesla shares rose after a strong Q3 report and Barclays upgrading the stock to Buy. Key growth drivers include Robotaxi and Full Self-Driving technology, which saw significant usage growth and could start generating noticeable revenue by mid-2027. Te...
Tesla's recent report shows its highest order backlog in four years, signaling strong demand. A $1,000 investment in Tesla today could be worth about $1,182 by 2030 in the base case, driven by growth in full self-driving software, robotaxi services, ...
SpaceX stock declined nearly 9% in October, dropping from $150.86 to $137.46 despite early-month gains above $170. Investors who bought in September or early October faced losses, though the stock remains above its IPO price of $135. Analysts remain ...
Rivian's Q3 2026 results beat expectations with a 38% revenue increase and a smaller loss per share, driven by strong sales of its cheaper R2 SUV. The company raised its 2026 delivery guidance and improved its adjusted EBITDA loss outlook, signaling ...
Elon Musk expressed support for a merger between Tesla and SpaceX, calling it a good idea, but highlighted the challenge of securing a 50% vote from all Tesla shareholders, which translates to about 1.98 billion votes. The merger would face a high vo...
