Tesla has formally submitted a request for an electricity license to the British energy regulator Ofgem. If approved, the move could pave the way for Elon Musk's company to compete with the big firms that dominate the U.K. energy market.
Tesla Robotaxi has been operating a limited ride-hailing service in Austin since June. A new Texas state law requires companies to get a permit to operate driverless vehicles.
Shares of auto-giant Tesla Inc NASDAQ: TSLA popped more than 3.5% on Aug. 6, snapping a mini losing streak and reigniting hopes that a bullish breakout is just around the corner. The stock has continued to trade within a tightening pennant pattern for the past few weeks.
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.