Tesla (TSLA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Tesla Inc (NASDAQ:TSLA) has disbanded its Dojo supercomputer team, with the team leader Peter Bannon departing the company, according to a Bloomberg report. The remaining Dojo team members are reportedly being reassigned to other data center and computing projects within Tesla.
With the US EV tax credit ending soon and global deliveries declining, I believe Tesla faces a double hit to both consumer demand and regulatory credit revenue. That said, I do see Q3 as a relatively decent quarter, with US sales likely frontloaded as buyers rush to secure the expiring tax credit. From Q4 onwards, Tesla's future ventures won't offset core EV weakness in the near term; robotaxi and FSD progress are limited, and the Optimus humanoid is years from mass rollout.
Tesla is breaking up the team behind its Dojo supercomputer, ending the automaker's play at developing in-house chips for driverless technology, according to Bloomberg.
Tesla is disbanding its Dojo supercomputer team and its leader, Peter Bannon, will depart the company, Bloomberg News reported on Thursday, citing people familiar with the matter.
Former leaders from Tesla's Dojo supercomputer team have founded a competing startup that's reportedly attracting talent from the electric vehicle maker. Bloomberg's Caroline Hyde explains what could be at stake for Tesla.
Tesla, Inc. is no longer just an EV company—it's an AI & robotics startup in disguise. Energy just hit record profits—and Elon says batteries could double U.S. output. Robotaxis are live, Optimus is coming, and TSLA stock may be undervalued vs. its new AI peers.
General Motors' Equinox EV surges past rivals to become the top-selling non-Tesla EV in the United States, driven by strong value and tax credits.
Lucid and Rivian posted disappointing earnings reports late Tuesday. Why Tesla investors shouldn't sweat it.
Tesla is training an upgraded Full Self-Driving (FSD) model, CEO Elon Musk said. It has a larger parameter size, improved video performance and could be released next month, Musk said.
The electric car giant saw year-over-year sales in the UK slide by nearly 60% and by 55% in Germany.
Tesla Inc (NASDAQ:TSLA) and its CEO Elon Musk were sued by shareholders who accused the electric vehicle maker of securities fraud for allegedly concealing safety risks associated with its self-driving vehicles, including the recently tested Robotaxi. The proposed class action, filed late Monday in federal court in Austin, Texas, claims Tesla misled investors by overstating the capabilities of its autonomous driving technology and failing to disclose operational flaws that could compromise safety and violate traffic laws.