Tesla Model Y autonomously driving to shipyard https://t.co/mAwrvqYfKs ...

Marc Winterhoff: First, I want to acknowledge all our employees, customers, and partners. We appreciate your commitment and support. Secondly, I'm pleased to point out that in Q3, despite all of the headwinds, we delivered our seventh consecutive quarter of record delivery numbers. With that in mind, I would like to reiterate the near-term priorities we are focused on, which we laid out earlier this year: disciplined execution and scaling production, building our brand and further driving consumer demand, a ...

Core Viewpoint - The article discusses the upcoming vote by Tesla shareholders on Elon Musk's unprecedented $1 trillion pay package, which is designed to retain him for achieving significant technological advancements [3][4]. Company Overview - Tesla's board, led by Chair Robin Denholm, supports the pay package, emphasizing Musk's critical role in the company's future and potential value [4][5]. - The package could increase Musk's shareholding from over 12% to more than 25%, reflecting his influence over Tesla's direction [6]. Financial Metrics - Musk's pay package is contingent upon achieving 12 performance milestones related to market capitalization, with the first milestone set at a $2 trillion market value for Tesla [8]. - The plan includes operational profit and product delivery goals, such as delivering 20 million Tesla vehicles, and aims to ensure Musk remains with the company for at least 7.5 years [9]. Stakeholder Reactions - There is significant opposition to the pay package, with advisory firms like Glass Lewis and ISS criticizing its rationale and potential impact on company focus [10][11]. - Major shareholders, including Norway's sovereign wealth fund, have expressed concerns about the size of the award and its implications for shareholder value, voting against the proposal [12]. Public Sentiment - Activists are organizing protests against the pay package, arguing that the amount is excessive and detrimental to democratic values [7]. - Florida state officials have endorsed the plan, highlighting Musk's track record in creating equity value and labeling the package as a "gold standard" for executive compensation [13].

Core Insights - Pony.ai has officially listed on the Main Board of the Hong Kong Stock Exchange, marking the largest IPO in the autonomous driving sector for 2025, with expected total proceeds of HK$7.7 billion [1] - The company has established a dual-primary listing structure with its previous NASDAQ listing under the ticker "PONY" [2] - The CEO emphasized the significance of this listing as a step towards large-scale commercialization of autonomous driving technologies [3] Company Overview - Founded in 2016, Pony.ai focuses on delivering autonomous driving technologies and solutions for global mobility and logistics markets [3] - The company holds fully driverless Level 4 commercial robotaxi service permits in all four Tier-one cities in China: Beijing, Shanghai, Guangzhou, and Shenzhen [3] - Pony.ai has accumulated over 55 million kilometers of autonomous driving mileage across various geographies [3] Technological Advancements - In April 2025, Pony.ai introduced three Gen-7 Robotaxi models, achieving over 70% reduction in bill-of-materials (BOM) costs compared to previous generations, with computing unit costs down by 80% and solid-state LiDAR costs reduced by 68% [4] - The advancements in technology lay a solid foundation for large-scale production and commercial deployment [4] Global Expansion Strategy - Pony.ai is actively expanding its presence in key international markets, including Europe, East Asia, and the Middle East [5] - The company is building a localized ecosystem by partnering with local governments, industry leaders, and technology innovators to advance Level 4 autonomous driving technologies [5] Future Outlook - The dual-primary listing is seen as a pivotal step in Pony.ai's capital strategy and long-term development commitment [6] - The company aims to leverage its technological capabilities and experience in fully driverless operations to accelerate the commercialization of autonomous driving and establish a sustainable path to profitability for the industry [6]

Lucid Group, Inc. (NASDAQ: LCID) reported third-quarter 2025 revenue of $336.6 million, up 68% from the same period last year, driven by higher vehicle deliveries and production growth. The company produced 3,891 vehicles in the quarter, an increase of 116% year-over-year, and delivered 4,078 vehicles, up 47% from Q3 2024. Subsequent to the quarter’s end, Lucid and its largest shareholder, the Public Investment Fund (PIF), agreed to increase the company’s delayed draw term loan facility (DDTL) from $750 m ...

Core Insights - Uber Technologies Inc. is focusing on a hybrid future that integrates human drivers and autonomous vehicles into a single marketplace, enhancing flexibility and efficiency [2] - The partnership with Waymo is performing well operationally, particularly in the Austin region, as Uber transitions to a hybrid network [2] - CEO Dara Khosrowshahi expressed confidence that Level 4 Autonomous Vehicles (AVs) can generate higher revenue per vehicle per day compared to non-autonomous vehicles on the Uber platform [3] Financial Performance - Uber reported a revenue of $13.47 billion for the third quarter, reflecting a 20% year-over-year growth and surpassing market expectations of $13.28 billion [4] - The adjusted Earnings Per Share (EPS) was 81 cents, exceeding the analyst consensus of 69 cents [4] Strategic Partnerships - Uber has announced a partnership with Nvidia Corp to deploy over 100,000 Robotaxis in major cities by 2027, utilizing Nvidia's autonomous hardware and software [5] Future Outlook - Khosrowshahi predicts that most vehicles on the road will become autonomous within the next 20-plus years, likening driving to a leisurely activity [6]

HONG KONG, Nov. 06, 2025 (GLOBE NEWSWIRE) -- WeRide (HKEX: 0800.HK, NASDAQ: WRD), a global leader in autonomous driving technology, today announced its successful listing on the Stock Exchange of Hong Kong Limited (HKEX) under the stock code 0800.HK, becoming the world's first Robotaxi company to be publicly traded on both Hong Kong and US exchanges. With that, WeRide also becomes the world's first Robotaxi and autonomous driving technology company to achieve a dual primary listing on both HKEX and NASDAQ. ...

Lucid Group (NasdaqGS:LCID) Q3 2025 Earnings Call November 05, 2025 05:30 PM ET Speaker2Good day and welcome to Lucid Group's third quarter 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during this session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, press star 11 again. Please be ...

Group 1: Tesla, Inc. (TSLA) - Tesla's shares have outperformed the Zacks Automotive - Domestic industry over the past year, with a gain of 53.9% compared to 46.4% for the industry [3] - The company set a new delivery record in Q3, largely driven by buyers taking advantage of the expiring $7,500 EV tax credit, but Q4 deliveries are expected to decline due to the withdrawal of incentives and increased competition from Chinese EV manufacturers [3][4] - The Energy Generation & Storage unit is performing well, and the Supercharger network continues to expand, although automotive margins are under pressure [4] - Tesla's robotaxi service has expanded to California, Nevada, and Arizona, and the company's focus on AI, autonomous driving, and robotics is promising, but these initiatives may take years to produce significant results [5] Group 2: BlackRock, Inc. (BLK) - BlackRock's shares have outperformed the Zacks Financial - Investment Management industry over the past year, with a gain of 5% compared to a decline of 10.3% for the industry [6] - The company's Q3 2025 results benefited from higher revenues, supported by strategic acquisitions like ElmTree Funds, which aim to enhance its presence in alternative and private equity assets [6][7] - Projected revenue and assets under management (AUM) growth is expected to witness a CAGR of 14% and 14.8%, respectively, by 2027, with a strong focus on the active equity business [7] - However, elevated expenses are projected to rise by 26.4% this year, and reliance on overseas revenues exposes the company to geopolitical risks [7] Group 3: Welltower (WELL) - Welltower's shares have outperformed the Zacks REIT and Equity Trust - Other industry over the past year, with a gain of 40.5% compared to 0.3% for the industry [8] - The company has a well-diversified portfolio of healthcare real estate assets across the U.S., Canada, and the U.K., positioning it well to meet the demand from an aging population and rising healthcare expenditures [8][9] - Q3 2025 results showed a year-over-year increase in total portfolio same-store net operating income (SSNOI), with the outpatient medical segment expected to benefit from favorable trends in outpatient visits [9] - Strategic restructuring initiatives have improved cash flows, but competition in the senior housing market and a substantial debt burden raise concerns [10]

RT Bloomberg New Economy (@BBGNewEconomy)AI, AR, quantum computing, autonomous driving & blockchain are rewriting the rules — from trading floors to battlefields.Has the future ever felt more unpredictable?Follow the #BloombergNewEconomy Forum, Nov 19–21 in Singapore.https://t.co/Ed2uAXB1DN https://t.co/63N5Jmrn72 ...