Musk, Tesla and robotaxi
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Musk said in a social media post this week that Tesla’s long-awaited robotaxi service will roll onto the streets of Austin, Texas on June 22. The Tesla CEO is betting the company’s future on autonomous vehicles (AV) and a robotaxi service – which will hopefully inject much-needed cash just as the company’s sales and profits are slumping.
Tesla has faced severe demand destruction due to a reputational crisis, yet the stock remains resilient due to the powerful narrative and retail
Chinese EV makers are moving quickly to develop driver-assistance systems in a market where car-buyers are demanding them at a faster pace than in other regions, analysts say. Their ability to do so at lower costs poses the biggest threat to Tesla’s new autonomy-based business model.
If you are an investor interested in owning electric vehicle (EV) stocks, does the recent fall by Tesla mean it's time to move to buy competitors such as Rivian Automotive ( RIVN -1.49%) instead for your portfolio? Let's take a closer look at this smaller EV upstart and see if an answer presents itself.
Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.
Tesla, Inc. faces falling sales, brand issues, and valuation woes, with competition and uncertain tech prospects impacting its future. Click for my TSLA update.
U.S. stock index futures edged up on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.
Tesla share rose in early trade after plunging 14% Thursday following a harsh online exchange between Elon Musk and President Trump.
Tesla stock rose around 5% in premarket trading Friday, suggesting the shares were set to claw back some of their heavy losses from the previous session. Tesla stock was up 4.3% at $296.99 ahead of the open,
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Investor's Business Daily on MSNStock Market Today: Dow Jones Falls Ahead Of Inflation Data; Tesla Rallies On Robotaxi News (Live Coverage)Dow Jones futures dropped Wednesday ahead of the Consumer Price Index report. Tesla stock rallied on robotaxi news on the stock market today.