Tesla's valuation is now primarily driven by its robotaxi and humanoid robotics ambitions, not near-term automotive delivery growth/decline. Despite recent deliveries disappointment and renewed political fallout with Trump, investor sentiment has remained remarkably robust. The market is starting to price in significant operating income potential from robotaxi deployment, with a medium-term outlook in the next five years.
Tesla is going to trial in Florida federal court over a wrongful-death lawsuit. The suit blames Tesla and its Autopilot system for a 2019 crash that killed a 22-year-old woman.
Tesla is nearly ready to start selling its electric vehicles in India, according to Bloomberg News, after years of flirting with the idea. The company is about to open its first showroom in Mumbai and could start deliveries as early as August, according to the report.
Tesla will open a showroom in the Maker Maxity Mall at the Bandra Kurla Complex in Mumbai on July 15. It will mark the first official foray by Tesla into India.
Since the beginning of the year, shares are down around 20%; the S&P is up about 7%, All of which is putting pressure on Tesla's board to intervene.
Tesla sales are soaring in EV-friendly Norway despite a sustained slump across the rest of Europe. Christina Bu, secretary general of the Norwegian EV Association (NEVA), said Tesla's revamped Model Y is "definitely part of the reason" for its recent sales boost.
Tesla has applied to test and operate autonomous vehicles in Arizona in a bid to bring its fledgling robotaxi service to the Metro Phoenix area, the state's Department of Transportation confirmed to TechCrunch.
Tesla has applied to test and operate its Robotaxis in Arizona, CNBC confirmed Thursday. The effort to expand to Arizona comes after Tesla in June began a pilot test of its robotaxis in Austin, Texas.
Tesla, Inc. is making a fundamental pivot from its history as an EV manufacturer to a company focused on AI and autonomy. Tesla's long-term growth is driven by scaling its Robotaxi platform, and energy storage, with a longer-term TSLA investment in robotics through its Optimus division. Vertical integration across manufacturing, AI, and infrastructure supports cost efficiency and scalability.
TSLA eyes San Francisco for its next robotaxi rollout, but regulatory hurdles could slow its autonomous drive.
After being called out by a group of investors, Tesla has set a date for its annual gathering.
Tesla (TSLA) will likely expand its robotaxi service in the coming weeks and months, and will also soon have Grok, the chatbot made by another Elon Musk-owned company, added to its vehicles likely by next week.