Core Viewpoint - Tesla's decision to discontinue the Model S and Model X is part of a strategic evolution towards a focus on autonomy rather than a retreat from the electric vehicle market [1][2]. Group 1: Production Decisions - The Model S and Model X are higher-cost models that do not significantly contribute to Tesla's sales, with only 4,000 units delivered in the last quarter, representing just 1.2% of total deliveries [4]. - The market is shifting towards lower-cost models, as evidenced by the decline in Model S/X sales and the production of more affordable versions of the Model 3 and Model Y [5]. - Tesla is reallocating production space at its Fremont factory, previously used for the S and X, to manufacture its Optimus robot as part of a $20 billion capital spending commitment by 2026 [6]. Group 2: Market Trends and Future Direction - The automotive industry is moving towards an autonomous future, with Tesla making gradual progress towards achieving autonomous robotaxis, unlike competitors who have struggled in this area [8]. - The cost dynamics of electric vehicles favor heavy usage, particularly in taxi applications, which will be enhanced by the introduction of dedicated robotaxi vehicles like the Cybercab [9]. - Discontinuing the Model S and Model X aligns with current market conditions and the overall direction of the EV market, marking a natural evolution in Tesla's business strategy [12].

US stock market surging big today: The US stock market is surging Friday after a 6-3 The market reversed early losses after the high court struck down most tariffs imposed under the International Emergency Economic Powers Act (IEEPA), ruling that the law does not authorize the president to impose broad import duties. The decision immediately boosted tech stocks, retail shares, and consumer-focused companies that had been facing higher import costs, particularly from China. Wall Street reacted to both reli ...

A federal judge in Miami denied Tesla's bid to toss out a $243 million verdict in a lawsuit that requires the automaker to compensate the family of a 2019 fatal Autopilot crash victim as well as a survivor.The collision, which occurred in Key Largo, Florida, killed 22-year-old Naibel Benavides and severely injured her boyfriend, Dillon Angulo. Tesla owner George McGee was driving his Model S sedan while using the company's Enhanced Autopilot, a partially automated driving system. During the trial, McGee sai ...

In Brief A judge has denied Tesla’s request to overturn a $243 million jury verdict that held the automaker partially responsible for a fatal crash involving its Autopilot driver assistance system.“The grounds for relief that Tesla relies upon are virtually the same as those Tesla put forth previously during the course of trial and in their briefings on summary judgment — arguments that were already considered and rejected,” Hon. Judge Beth Bloom’s decision reads. “Furthermore, Tesla does not present additi ...

A federal judge rejected Tesla’s request to overturn a $243 million jury verdict over the 2019 crash of an Autopilot-equipped Model S, which killed a 22-year-old woman and severely injured her boyfriend.In a decision made public on Friday, US District Judge Beth Bloom in Miami said the evidence at trial “more than supported” the August 2025 verdict, and Tesla raised no new arguments to set the verdict aside.Tesla, led by Elon Musk, is expected to appeal. Its lawyers did not immediately respond to requests f ...

Business celebrates win over Trump tariffs, but refunds will take time | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 A semi-truck drives past Chinese shipping containers at the Port of Los Angeles in Wilmington, California, U.S., November 5, 2025. REUTERS/Mike Blake/File Photo[1/2]A semi-truck drives past Chinese shipping containers at the Port of Los Angeles in Wilmington, California, U.S., November 5, 2025. REUTERS/ ...

Tesla unveiled a cheaper Cybertruck variant in the US late Thursday and slashed the price of its most-expensive model, Cyberbeast, as the electric-vehicle maker struggles to find buyers for its pickup trucks.The Cybertruck was touted by CEO Elon Musk as a futuristic competitor to mass market pickup trucks from legacy brands such as Ford, but multiple recalls and quality control issues plagued the car and turned prospective customers away.Tesla has now priced the new dual-motor, all-wheel-drive model at $59, ...

US judge upholds $243 million verdict against Tesla over fatal Autopilot crash | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Tesla logo is seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Tesla Inc]FollowFeb 20 (Reuters) - A federal judge rejected Tesla's [(TSLA.O), opens new tab] request to pay $243 million to victims of a 2019 fatal c ...

Core Viewpoint - Tesla has introduced its most affordable Cybertruck model priced at $59,990, which is $20,000 less than the next cheapest model, but CEO Elon Musk suggests that this pricing may not last long [1] Pricing Strategy - The new dual-motor all-wheel-drive Cybertruck model is priced at $59,990 [1] - The price of the most expensive trim, the Cyberbeast, has been reduced from $114,990 to $99,990 [1] - Tesla also offers a premium all-wheel-drive Cybertruck starting at $79,990 [1] Market Performance - The Cybertruck has not met the popularity expectations set by the company, with pricing being a contributing factor [1]

Core Insights - Two overlooked robotics stocks, Cognex and Teradyne, reported strong earnings, drawing renewed analyst attention as they capitalize on the growing robotics and AI market [1][2] Group 1: Cognex - Cognex is a leader in industrial machine vision, enabling robots to perform tasks such as quality inspection and warehouse picking, with Q4 revenue of $252.34 million exceeding estimates of $238.9 million [1] - The company achieved an adjusted EBITDA margin of 22.7%, marking a 420 basis point increase year-over-year and the sixth consecutive quarter of margin expansion [1] - Cognex's full-year free cash flow surged 77% year-over-year to $236.77 million, allowing for $206 million in shareholder returns through buybacks and dividends, with a new $500 million share repurchase program authorized [1] Group 2: Teradyne - Teradyne, known for semiconductor test equipment, also has a growing robotics division, reporting Q4 revenue of $1.083 billion, surpassing estimates of $987.8 million by 10% [1] - The company’s Q4 EPS of $1.80 exceeded the consensus estimate of $1.38 by 30%, with revenue driven by AI-related demand in various sectors [1] - For Q1 2026, Teradyne guided revenue of $1.15 billion to $1.25 billion, representing 75% year-over-year growth at the midpoint, with non-GAAP EPS expected between $1.89 and $2.25 [1]