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Tesla's ‘Robotaxi' and ‘Cybercab' trademarks hit roadblocks ahead of June launch
TechCrunch· 2025-05-07 21:15
Group 1 - Tesla's attempt to trademark "Robotaxi" has been refused by the U.S. Patent and Trademark Office (USPTO) for being too generic, while another application for the same term related to its ride-hailing service is still under examination [1][3][6] - Applications for the trademark "Cybercab" have been halted due to other companies pursuing similar "Cyber" trademarks, including those related to aftermarket Cybertruck accessories [2] - The USPTO issued a "nonfinal office action" on the "Robotaxi" trademark application, giving Tesla three months to respond or risk abandonment of the application [3][6] Group 2 - Tesla applied for the trademarks on October 2024, coinciding with the reveal of the Cybercab, an electric vehicle intended for its autonomous ride-hailing service [4] - The USPTO examiner found no conflicting trademarks but deemed "Robotaxi" as "merely descriptive" and generic in the context of similar goods and services [5][6] - Tesla is required to submit evidence and arguments to support its claim for the "Robotaxi" trademark, including fact sheets and promotional materials [8][9]
F vs. TSLA: Which of These Auto Biggies is a Better Pick Amid Tariffs?
ZACKS· 2025-05-07 16:25
The auto industry is entering rough terrain. In early April, the United States slapped a 25% tariff on imported vehicles, and just days ago, it rolled out another 25% duty on auto parts that don't comply with United States- Mexico-Canada Agreement rules. These new tariffs are set to drive up costs for automakers by tens of billions of dollars, costs that could ultimately hit consumers through higher car prices. The demand for vehicles is likely to soften, while supply chain chaos is expected to increase. As ...
Tesla's China-made EV deliveries fall 26% month-on-month
Proactiveinvestors NA· 2025-05-07 13:25
About the publisher About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, ...
A county pension fund in Pennsylvania just became the first known to cease purchasing new Tesla stocks
Business Insider· 2025-05-07 03:41
Core Viewpoint - Lehigh County has decided to cease purchasing new Tesla stock due to CEO Elon Musk's political activities and the company's declining financial performance [1][2]. Financial Performance - Tesla's earnings have decreased by 71% year-over-year, with auto revenues dropping by 20% and overall profitability significantly declining [3]. - As of May 6, Tesla stock has fallen over 27% since the beginning of 2025, and the company's Q1 revenue missed expectations [9]. Investment Decisions - Lehigh County's pension board, which manages $500 million in assets, voted 4-2 to halt new investments in Tesla and requested a report on options to divest from Tesla [3]. - The New York State legislators have called for the state to divest its $1 billion in Tesla holdings, and a candidate for New York City Comptroller has pledged to remove the city's $300 billion pension portfolio from Tesla if elected [4][5]. Broader Concerns - There is growing concern among various pension funds regarding investments in Tesla, with the Netherlands' largest pension fund selling its $600 million stake and Denmark's AkademikerPension divesting $20 billion in March [7]. - The Tesla Takedown movement is advocating for cities and states to develop resolutions to divest from all entities associated with Musk [8]. Market Perception - Marketing experts have indicated that Tesla has alienated its core customer base, suggesting that rebranding efforts may require significant concessions from Musk [9]. - The dissatisfaction with Musk's leadership is echoed by various stakeholders, including state treasurers and the American Federation of Teachers, who are urging major asset managers to consider divestment [6].
Tesla's Future Hinges On China FSD: Goldman Sachs
Benzinga· 2025-05-06 21:03
Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla Inc TSLA with a price forecast of $235 on Monday.Delaney commented that Tesla’s ability to leverage its Full Self Driving (FSD) software in China would be important for the stock going forward, given the size of the China vehicle market, the increasingly competitive landscape for ADAS software and robotaxi offerings in the region, and the role that future profits from AI-enabled products like FSD have for Tesla’s valuation.  China is th ...
Tesla: Elon's All-In - Should You Be Too?
Seeking Alpha· 2025-05-06 18:51
Group 1 - Tesla, Inc. has faced challenges as evidenced by its Q1 earnings and overall company trend [1] - The Pragmatic Investor focuses on global macro, international equities, commodities, tech, and cryptocurrencies to guide investors [1] - The investing group aims to build robust and diversified portfolios to preserve and increase wealth [1] Group 2 - The article does not provide specific financial metrics or performance data for Tesla, Inc. [1]
There's A Partial Tesla-Musk Resolution: For Wall Street, It's Back To The Future
Seeking Alpha· 2025-05-06 18:19
After 43+ years working for one investment research company or another, I finally retired. So now, I’m completely independent. And for the first time on Seeking Alpha, I won’t be working based on anybody else’s product agenda. I have only one goal now… to give you the best actionable investment insights I can.I have long specialized in rules/factor-based equity investing strategies. But I’m different from others who share such backgrounds. I don’t serve the numbers. Instead, the numbers serve me… to inspire ...
Tesla Stock Is Falling Today -- Is This a Buying Opportunity?
The Motley Fool· 2025-05-05 18:46
Tesla (TSLA -1.87%) stock is moving lower following new European sales tracking data. The electric vehicle (EV) company's share price was down 2.5% as of 2 p.m. ET. Meanwhile, the S&P 500 was down 0.2%, and the Nasdaq Composite was down 0.3%.Tesla's valuation is falling today in response to a Reuters report suggesting that the company's sales struggles are continuing in Europe. According to tracking from the Spanish Association of Automobile and Truck Manufacturers, Tesla's sales in that country sank 36% ye ...
Stock Of The Day: Does This Classic Pattern Suggest A Move Higher In Tesla?
Benzinga· 2025-05-05 17:39
Shares of Tesla, Inc. TSLA are trading lower Monday. But they continue to be in a sideways trend.A classic ‘Flag' pattern may have formed on the chart. If so, it could be bullish for the shares and suggest the recent uptrend may soon get back into gear. This is why we have made it our Stock of the Day.Many traders and investors were surprised and confused when Tesla rallied after posting disappointing earnings. They didn't understand why the stock moved higher. But it was simply the result of supply and dem ...
Tesla sales continue to slump across Europe despite April EV sales swell
TechCrunch· 2025-05-05 13:56
Sales Performance - Tesla's new car sales in Spain fell 36% in April to 571 vehicles year-over-year, while sales of electric cars from other brands increased [1] - Overall Tesla sales in Europe dropped by 37.2% in the first four months of the year, despite a 28% rise in sales of fully-electric vehicles on the continent [2] Market Dynamics - In Sweden, Tesla sales plummeted 81%, reaching the lowest level in nearly three years [2] - The decline in Tesla's sales is attributed to buyer protests against CEO Elon Musk's political affiliations and the increasing popularity of Chinese EVs, particularly from BYD [3] Demand and Strategy - Tesla's sales have also decreased in the U.S., leading to soft demand for the new Model Y, prompting the company to offer discounts [4] - In response to declining sales, Tesla is exploring new markets, including Saudi Arabia and India, despite challenges such as insufficient charging infrastructure [4]