The launch of Tesla's self-driving taxi service is less than a week away, if the company sticks to CEO Elon Musk's timeline.
Tesla's (NASDAQ: TSLA) US sales fell 16% in April, based on Automotive News.
[00:00:04] Doug McIntyre: Big Tech Tesla considered by many people to be a big tech company.
YTSL:CA's 40% price drop is due to its leveraged covered call strategy, not necessarily a fundamental flaw in the ETF itself. The ETF offers a high 27% yield, but this comes at the cost of significant NAV erosion, making it unsuitable for capital preservation. YTSL:CA is best suited for income-focused Canadian investors seeking steady monthly payouts from a volatile stock, not for those seeking upside capture.
The CEO's embrace of nascent AI technology is a shift from the company's early days when it used off-the-shelf technology for electric cars.
With less than two weeks until Elon Musk's planned initial robotaxi test in Austin, Texas, protesters in the city are expressing their opposition. Public safety advocates and political protesters, upset with Musk's work with the Trump administration, joined together in downtown Austin on Thursday to express their concerns.
Tesla Inc (NASDAQ:TSLA) has refreshed its flagship Model S and Model X vehicles in the US, with minor design and performance updates resulting in a $5,000 price increase across all trims. Prices for the Model S now start at $84,990 for the Long Range version and $99,990 for the high-performance Plaid.
Tesla investors want to think about AI. They might have to spend some time thinking about the car business again.
Tesla (NASDAQ:TSLA) has established itself as a frontrunner in the realm of autonomous driving for quite some time. Its Full Self-Driving (FSD) software improves the driving experience by automating specific tasks, enabling Tesla vehicles to navigate, change lanes, and park independently while necessitating the driver's active supervision.
Tesla said on Thursday it upgraded its Model S and Model X cars in the U.S. and raised their prices by $5,000, according to the electric vehicle maker's post on X and its website.
Tesla will expand its virtual power plant business in Japan by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei reported on Friday.
Tesla's shares are overvalued, priced on hopes for robotaxis, full self-driving and robots.