China's regulator ordered changes after vehicle occupants sometimes had difficulty exiting electric cars with retractable door handles after crashes.
Tesla is recalling just shy of 3 million vehicles in China as part of a nationwide effort to alert vehicle owners to hidden emergency door releases, which can trap occupants in the event of a crash or a fire.
Nevada, get ready for the robotaxis.
Tesla's 500-Semi Einride order signals rising commercial demand, but a gradual production ramp and battery constraints temper optimism.
The Model Y L fills a major gap in Tesla's lineup. Six seats could attract more family-focused EV buyers.
Tesla stock TSLA gained 3% on Wednesday, ending a two-session losing streak as investors looked ahead to a potential Cybercab launch event. The company teased the event on X on Monday, saying customers who ride a Tesla robotaxi through Aug. 23 could have a chance to receive an invitation.
Tesla, Inc. remains a Buy following a 25% YTD decline, as recent weakness is driven by macro factors and sentiment, not a broken thesis. Q2 results showed strong revenue growth and record deliveries, but significant margin compression and elevated capex, especially for pre-revenue initiatives like Robotaxi and Optimus. TSLA's forward P/E is still rich at 189x, with a PEG near 6.9x, but the stock continues to trade on long-term optionality in autonomy, robotics, and energy.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) will be driven over the next year by megapacks, robotaxis, and humanoid robots more than by Model Y production.
TSLA's Cybercab launch tests its robotaxi ambitions, but Waymo's lead, margin pressure and rising capex cloud the near-term outlook.
The narrative around driverless cars has floated in the realm of speculative research for years, but the timeline has just accelerated. Internal directives preparing for an August commercial rollout of a purpose-built, steering-wheel-free vehicle in Austin signal that autonomous mobility is finally arriving on public roads.
Einride's first earnings report as a public company shows Amazon holding warrants for about 12% of the Swedish electric trucking company, vesting as Amazon buys freight services.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is down 25% year to date, trading at $335.45 as of Tuesday afternoon.