CNBC's Deirdre Bosa joins 'Money Movers' to discuss on Tesla's Robotaxi launch following a fatal accident in its self driving vehicle.
As Elon Musk touts robotaxis in Austin, federal regulators are investigating whether the system is dangerous even with a human behind the wheel. Bloomberg's Craig Trudell reports.
Tesla, Inc. strategically navigates political turbulence, insulating global supply chains and safeguarding long-term autonomy and AI innovation. CEO Elon Musk's public political pivot temporarily affected ESG sentiment, but a renewed technology-only stance significantly restores operational confidence. Volatility is expected; visionary investors focusing on Tesla's autonomy and robotics road map can reasonably expect exceptional long-term alpha from TSLA stock.
While Tesla's stock is down about 28% from its all-time closing high, it is up nearly 20% over the past month. Excitement could be building ahead of the company's robotaxi launch expected later in June.
The price-to-earnings (P/E) ratio is one of the most widely used tools to evaluate a stock's valuation and is quite easy to understand. It simply divides a company's current share price by its earnings per share (EPS), providing insight into how richly or conservatively a company is being valued by the market.
U.S. automaker Tesla's China-made electric vehicle sales fell 15% in May from a year earlier to 61,662 vehicles, data from the China Passenger Car Association (CPCA) showed on Wednesday.
For investors, the Trump-Musk budget spat risks taking the focus of robotaxis.
Tesla's vehicle sales jumped to 3,897 in May, primarily driven by record sales of its recently revamped Model Y compact sport utility vehicle. Total sales in Australia were up just 9.3% year over year but surged 675% from April, according to the Australian Electric Vehicle Council.
Tesla's new car sales in Britain tumbled more than 45% from a year earlier in May, preliminary data from research group New AutoMotive showed on Wednesday.
Tesla (TSLA) reachead $344.46 at the closing of the latest trading day, reflecting a +0.52% change compared to its last close.
A new report from Democratic Sen. Elizabeth Warren's office chronicles more than 100 times where they think Elon Musk abused 'DOGE' to benefit himself or his businesses.
Karim Bousta, DVX Ventures co-founder and partner, joins 'Squawk on the Street' to discuss the different strategies around full self driving, what's most important for Tesla and much more.