Tesla says some of its cars are now driving passengers without a human monitor in the front seat. CEO Elon Musk has been pushing to launch more self-driving cars in other US cities.
Tesla has started removing safety drivers from some robotaxi rides. CEO Elon Musk expects the company's robotaxi network to be “very, very widespread” in the U.S by the end of 2026.
Elon Musk's fortune soared Thursday, rising above $785 billion to a new record high as Tesla's stock rose after Musk said the company's robotaxi fleet would be “widespread” by year's end.
Tesla is offering passengers robotaxi rides in Austin without a human safety driver in the front seat.
While weak EV sales are expected to dent TSLA's Q4 results, its booming energy storage business should be a bright spot.
Elon Musk said on Thursday he expects Tesla to receive European approval for its Full Self-Driving (FSD) advanced driver assistance system by next month.
Tesla (TSLA) has faced challenges in the past. Its stock has dropped over 30% within less than 2 months on as many as eight separate occasions in recent years, erasing billions in market capitalization and negating significant gains in a single correction.
Tesla Inc.'s (NASDAQ: TSLA) share price pulled back 1.8% in the past week.
Tesla, Inc. remains a Strong Buy, with a $650 12-month price target, driven by leadership in EVs, AI, FSD, energy, and robotics. TSLA stock is entering a buy-in range of $420-380 after a 15% pullback, setting up for a potential run-up in 2026. Q4 sales are estimated at $26.45B, above consensus, with expected double beats on both revenue and EPS.
Tesla (TSLA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TSLA heads into Q4 earnings with falling deliveries, shrinking EPS outlook and pricey valuation, as energy gains struggle to offset auto weakness.
Shares of Tesla Inc NASDAQ: TSLA are trading around $425 as we head into next week's earnings report, down roughly 15% from the all-time high set in December.