If electric vehicle giant and fledgling humanoid robotics company Tesla Inc (NASDAQ:TSLA) was hoping to resuscitate its flailing share price ahead of tomorrow's third-quarter earnings call, its recent robotaxi unveiling seems to have missed the mark. Jefferies analysts believe Tesla's much-hyped ‘We, Robot' event, during which a beaming Elon Musk earlier this month unveiled a smorgasbord of flashy new prototypes, “mostly fell flat”.
Tesla's stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.
The consumer discretionary sector is a coiled spring for economic growth fueled by lower interest rates.
Two million reservations have dried up and you can now get a Cybertruck in about a week.
Alcon Entertainment, the production company behind Blade Runner 2049, has reportedly sued Tesla, accusing the automaker of using AI-generated images based on the film without permission to promote its robotaxi. Filed in California, the lawsuit claims that Tesla used these unlicensed visuals during a recent unveiling event, according to the Hollywood Reporter and other outlets.
Tesla Inc.'s TSLA recent unveiling of its robotaxi has left investors unimpressed, leading to concerns about the company's future growth prospects.
The production company behind the sci-fi movie “Blade Runner 2049” is suing Elon Musk and Tesla Inc. for copyright infringement, claiming an image from the movie was improperly used to promote Tesla's futuristic robotaxi prototype.
Movie and television studio Alcon Entertainment on Monday sued Tesla and Warner Bros Discovery over claims they used images tied to the film “Blade Runner 2049” to promote Tesla's new autonomous cybercab.
UPDATE—Oct. 21, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Investors will be on the lookout for signs Tesla Inc (NASDAQ:TSLA) is showing an inflection point in its margins during the third quarter, analysts at Wedbush believe. The electric vehicle (EV) maker will report earnings for Q3 after the stock market closes on Wednesday, October 23.
@verifiedinvesting's Gareth Soloway (@GarethSolowayProTrader) is on the lookout for bears. He leans bearish on Tesla (TSLA) and T-Mobile (TMUS) ahead of earnings, but charts a path where General Motors (GM) can surprise if it breaks a prime resistance level.
Elon Musk, his car company Tesla and Warner Brothers Discovery were sued over their alleged artificial intelligence-fueled copyright infringement of images from the film "Blade Runner 2049" to promote Tesla's robotaxi concept. The lawsuit by Alcon Entertainment says that Musk and the other defendants requested permission to use "an iconic still image" from "Blade Runner 2049" for the Oct. 10 event hyping the Cybercab at Warner Brothers Discovery's studio lot in Burbank, California.