Innovations including a centered driving position, fast charging and a 500-mile range are winning over drivers.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is slipping 3% in Thursday trading, with shares hovering around $382 as of midday.
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday shared an update on the company's semiconductor plans, indicating that the firm may “tape out” its next-generation AI6 chip by December 2026. In chip manufacturing, tape-out marks the finalization of a design before production at a foundry.
Tesla is facing an intensifying federal investigation of its FSD, or Full Self-Driving (Supervised) systems. The NHTSA started an "engineering analysis" of Tesla's FSD to determine if it is safe for drivers to use in fog, glaring sun or other reduced visibility conditions.
Shares of Tesla came under pressure on Thursday as US safety regulators escalated scrutiny of the company's driver-assistance technology. At the time of writing, the Tesla stock was down around 2% to trade at $383.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) stock is back in a bear market, thanks in part to continued weakness across the tech sector.
The U.S.' top automotive safety regulator is notching up its investigation into the performance of Tesla's Full Self-Driving (Supervised) driving software in low-visibility conditions.
UBS expects Tesla to eke out EV sales growth year over year in the first quarter of 2026.
The escalation by federal safety regulators could result in a recall campaign or other enforcement action.
The U.S. National Highway Traffic Safety Administration has intensified its probe into millions of Tesla vehicles, upgrading it to a more detailed engineering analysis of the company's driver assistance system, the auto safety regulator said on Thursday.
Tesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a factory for production, its next-generation AI6 chips in December.
Elon Musk's latest comments highlight a balancing act at the centre of his artificial intelligence strategy. Even as Tesla advances its own chip development and SpaceX deepens its AI ambitions, both companies are expected to continue buying Nvidia hardware at scale.