Tesla (NASDAQ:TSLA), electric vehicles and energy storage maker, closed Monday at $488.73, up 1.56% as shares continued to trade near record territory. Tesla IPO'ed in 2010 and has grown 38,483% since going public. Trading volume reached 86.6 million shares, roughly 1.4% above its three-month average of 85.8 million shares. Monday’s move followed a Delaware Supreme Court ruling on Elon Musk’s compensation, ending a long legal battle. Investors are also positive about Tesla’s latest autonomous driving and ...

Whimo service is back up in San Francisco after a weekend blackout exposed what might be a blind spot for the rapidly expanding robo taxi company. Our Derbosa tells us why in today's Tech Check. Yikes.How was it, D. >> It was interesting. Let me just show you some of the scenes from Saturday night here in San Francisco.You had Whimos stopped in the middle of intersections causing gridlock across parts of the city. Now, the vehicles are designed to handle dead traffic lights and keep driving even if they los ...

Tesla Inc. (NASDAQ:TSLA) has reportedly registered more than 1,500 vehicles for its California ride-hailing fleet.Tesla Grows California FleetThe automaker added over 1,655 vehicles to its ride-hailing fleet since the service was launched in August this year, Business Insider reported on Sunday, citing a spokesperson from the California Public Utilities Commission (CPUC).Tesla did not immediately respond to Benzinga's request for comment.The number could be higher, as the spokesperson added that companies w ...

Core Viewpoint - Waymo has temporarily suspended its robotaxi service in San Francisco due to a significant power outage that left many of its vehicles stalled on city streets [1][2][3]. Group 1: Service Suspension - The suspension of ride-hailing services was confirmed by Waymo spokesperson Suzanne Philion, who stated that the company is working closely with city officials to monitor infrastructure stability and aims to restore services soon [2][3]. - The blackout affected the operation of Waymo's vehicles, which were reportedly stalled at various locations, causing traffic disruptions [1][3]. Group 2: Cause of Blackout - The blackout was attributed to a fire at a Pacific Gas & Electric (PG&E) substation, impacting around 120,000 customers, with 35,000 still without power as of Sunday morning [4]. - The outage also affected traffic lights and public transit, prompting warnings from San Francisco Mayor Daniel Lurie for residents to avoid unnecessary travel [3][4]. Group 3: Operational Impact - Waymo's robotaxi service had been experiencing significant growth, providing approximately 450,000 rides per week, nearly double the amount reported earlier in the year [6].

20 December 2025 | 5:56AM HKT Equity Research GC Tech: L3 autonomous driving first approved; limited operation in public road; positive to chip, CIS, DCU, software and robotaxis China Ministry of Industry and Information Technology (MIIT) has approved the first two L3 autonomous driving models (Source link). The approval is conditional, only allowing L3 features in specific areas (in several highways and urban expressways) in specific cities (Beijing and Chongqing), with speed limit (Beijing up to 80km/h an ...

Core Insights - Tesla has rapidly expanded its California "Robotaxi" program, registering 1,655 vehicles and 798 drivers as of now, a significant increase from 28 vehicles and 128 drivers at the launch in August [1][2] Group 1: Vehicle and Driver Registration - The number of vehicles registered reflects those approved for use, not the actual operational fleet, and the current number of drivers could be higher as Tesla is not required to update the state on new drivers [2] - In comparison, Waymo has 1,955 vehicles registered in California, with over 1,000 operating in its autonomous fleet [2][3] Group 2: Operational Status and Permits - Tesla's "Robotaxi" is not registered as an autonomous vehicle service in California, which has strict regulations, and the company has not applied for a driverless testing permit [4][5] - The current permit allows Tesla to provide transportation services to employees and select members of the public, but a separate permit is needed for transporting passengers using an autonomous vehicle [5] Group 3: User Experience and Challenges - Users have reported long wait times since the public launch of the Robotaxi app in September, with some experiencing waits of up to 40 minutes [6] - During peak hours, there have been instances of ride unavailability due to a lack of inventory, while off-peak wait times average around ten minutes [7] Group 4: Expansion Plans - In Austin, Tesla has begun testing vehicles without drivers, with plans to have around 500 vehicles operational by the end of the year, although the exact number of cars in service is unclear [8]

Core Insights - Tesla is intensifying its efforts on the "Robotaxi" service by recruiting factory workers and sales staff to serve as AI operators for its ride-hailing fleet [1][2][11] - The company aims to enhance ride-hailing availability in the Bay Area and has experienced increased wait times since launching the Robotaxi app to the public [3][4] Recruitment and Operations - Tesla is offering additional hours and pay to production associates and material handlers to take on the role of AI operators, with incentives for referring friends [1][2] - The AI operators will monitor vehicles using Tesla's Full Self-Driving software and take control when necessary, as the company plans to transition to a fully autonomous service [2][11] Service Expansion and Challenges - Tesla has registered 1,655 vehicles and 798 drivers for its ride-hailing service in California, but it is not yet authorized to transport the public in an autonomous vehicle [8][7] - The company has completed self-certification for service in Nevada and Arizona but has not yet begun offering paid rides in these states [5][6] Future Plans - Tesla is hiring AI operators across various states, with plans to expand its service to eight to ten metropolitan areas by the end of the year [11][12] - The company is testing its service in multiple cities and aims to roll out a driverless feature in Austin by the end of the year [9][10]

A California Administrative Law Judge has ruled that Tesla Inc.’s (NASDAQ:TSLA) marketing around its Autopilot and full self-driving systems has been deceptive, and has since suggested punitive measures against the company and its operations in the state. 30-Day Suspension of Sales And Manufacturing On Tuesday, Steve Gordon, the Director of the California Department of Motor Vehicles, said during a press briefing that a California court has recommended the suspension of Tesla’s license to sell and manufa ...

We recently published 10 Firms Stealing the Show on Wall Street. Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the best performers on Thursday. Rivian Automotive ended two days of losses on Thursday to hit a new 52-week high as investors took path from an investment firm’s bullish rating and price target upgrade for the stock. At intra-day trading, Rivian Automotive, Inc. (NASDAQ:RIVN) soared to its highest price of $20.33 before paring gains to finish the session just up by 15.03 percent at $20.28 api ...

Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the Buzzing AI Stocks on Wall Street. On December 15, Canaccord Genuity maintained its “Buy” rating on the stock with a $21.00 price target. The rating affirmation follows RIVN’s first Autonomy & AI Day, with analysts sharing upbeat takeaways driven by the company’s tech culture and long-term vision. Canaccord Genuity attended the event at Rivian’s Palo Alto, California facility, which serves as the home for the company’s autonomy and technology teams. Than ...