Group 1: Autonomous Vehicle Adoption - The Biden administration could have done more to promote the adoption of autonomous vehicles in the U.S. [1][2] - Pete Buttigieg stated that current autonomous driving technologies are already safer than human drivers and have the potential to save many lives [2] - Buttigieg highlighted the significant daily fatalities caused by human drivers, comparing the loss to filling a 737 every day [2] Group 2: Industry Predictions and Developments - Uber CEO Dara Khosrowshahi predicts that most vehicles will be autonomous in over 20 years, likening human driving to "horseback riding" in the future [5] - Uber is partnering with Nvidia to deploy over 100,000 autonomous vehicles by 2027, utilizing Nvidia's autonomous driving technology [6] - Tesla is set to begin production of its Cybercab, with job listings indicating preparations at its Gigafactory in Texas [7] Group 3: Regulatory and Transparency Issues - Waymo CEO Tekedra Mawakana emphasized the need for transparency in the autonomous vehicle sector, stating that lack of transparency hinders road safety [9] - Tesla's Cybercab may include traditional driving controls like a steering wheel and pedals to comply with safety regulations, despite initial plans to exclude them [8]

Core Insights - The Zacks Automotive – Foreign industry presents a mixed landscape of opportunities and challenges, with varying growth trajectories across regions [1] Industry Overview - The foreign automotive industry is heavily influenced by economic conditions and business cycles, with key manufacturing countries including China, Japan, Germany, and India [2] - Technological advancements are reshaping the market, with a focus on stricter emission targets and the ramp-up of charging infrastructure, boosting green vehicle sales [2] Key Investing Themes - **China's Auto Market**: China's auto market is expanding, with domestic car sales increasing by 6.6% year-over-year to 2.27 million units in September 2025. Electric and hybrid vehicles accounted for 57.2% of total sales, up 15.5% from the previous year [3] - **Europe's Auto Industry**: Europe's auto industry faces challenges from trade tensions and competition, but new car registrations rose 0.9% year-to-date through September 2025, with a 10% increase in September alone [4] - **Japan's Car Industry**: Japan's auto market shows moderate growth, with a 5.1% increase in car sales year-to-date through September 2025, but the EV segment lags behind, with sales down 11.9% [5] - **India's Auto Sector**: India's auto retail sector grew by 3.4% year-over-year in the first half of FY26, supported by structural reforms and a shift towards electric mobility [6][7] Industry Performance - The Zacks Automotive – Foreign industry ranks 204, placing it in the bottom 16% of around 245 Zacks industries, indicating dull near-term prospects [8][9] - The industry has underperformed compared to the Auto, Tires, and Truck sector and the S&P 500, with an 11% increase over the past year compared to 20% and 41% for the sector and S&P 500, respectively [11] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 7.58X, significantly lower than the S&P 500's 19.13X and the sector's 24.23X [14] - Over the past five years, the industry has traded between 6.5X and 12.6X, with a median of 9X [15] Investment Opportunities - **Geely Automobile Holdings Limited**: Geely reported a 28% year-over-year increase in sales, surpassing 1 million vehicles for the first time in Q3 2025. Electrified vehicle sales surged 59% to 588,110 units, making up 58% of total sales [18][19] - **XPeng Inc.**: XPeng delivered over 190,000 vehicles in 2024, a 34% increase year-over-year, with Q3 2025 deliveries surging 149% to 116,007 units. The company is investing in future technologies, including flying cars and humanoid robots [23][24]

Core Insights - The relationship between President Trump and Elon Musk appears to be improving, which could positively impact Tesla and SpaceX [2][5][8] Group 1: Relationship Dynamics - Trump expressed that he has a "good" relationship with Musk and has communicated with him recently, indicating a potential reconciliation after previous tensions [2][5] - Musk has largely refrained from publicly criticizing Trump, which may signal a shift in their dynamic [3][4] Group 2: Implications for Tesla - The renewed relationship could benefit Tesla, especially regarding the future of autonomous vehicles, as Musk may seek Trump's support for regulatory approval [5][6] - Tesla's demand has previously suffered due to Musk's political affiliations, with estimates suggesting a loss of up to 1.26 million vehicle sales linked to his ties with the Republican Party [7][8] Group 3: Potential Changes in NASA - Discussions between Musk and Trump could lead to changes at NASA, particularly with Jared Isaacman, a supporter of SpaceX, potentially being considered for a leadership role [9]

Core Viewpoint - Elon Musk defended his proposed $1 trillion pay package during Tesla's earnings call, labeling dissenters as 'corporate terrorists' and emphasizing his desire for greater control over the company, particularly in relation to AI development [1][2][3][8]. Group 1: Musk's Pay Package Demand - Tesla shareholders are expected to vote on Musk's unprecedented $1 trillion pay package, despite concerns over his recent performance as CEO [3]. - Musk clarified that the pay package is not about personal wealth but about ensuring he has maximum control over Tesla, especially regarding AI initiatives [3][5]. Group 2: Corporate Governance and Advisory Firms - Musk criticized proxy advisory firms ISS and Glass Lewis, claiming they lack understanding and influence shareholder decisions against his pay proposal [2][7]. - The tension between corporate leaders and advisory firms is highlighted, with Musk framing the pay challenge as a broader issue of corporate governance and shareholder interests [8]. Group 3: Support from Tesla's CFO - Tesla's CFO, Vaibhav Taneja, supported Musk's pay structure, stating that Musk will only benefit if shareholders see substantial returns, emphasizing the alignment of interests [6]. - Taneja urged shareholders to back Musk's proposal, arguing it is essential for maintaining the company's progress in autonomous vehicles, AI, and robotics [6].

Core Insights - Tesla reported a 12% increase in overall sales year-over-year, marking its first revenue growth in three quarters [1][9] - Despite the revenue growth, Tesla's operating income fell to approximately $1.6 billion, a 40% decline year-over-year, missing Wall Street estimates of $1.8 billion [3] - Tesla's stock price dropped nearly 6% following the earnings report, reflecting investor concerns over current business results [1][7] Revenue and Financial Performance - Tesla's overall sales increased by 12% compared to the prior-year period, indicating a return to revenue growth [1][9] - The operating income of about $1.6 billion represented a 40% decrease from the previous year, which contributed to the stock's decline [3] Strategic Focus and Future Vision - CEO Elon Musk emphasized a broader vision beyond electric vehicles, discussing energy storage, robotics, and the goal of fully autonomous vehicles during the conference call [4][7] - Tesla's energy generation and storage revenue surged by 44% year-over-year, with Musk highlighting the potential of battery storage to meet growing energy demands [5] Innovation and Technology - Musk mentioned plans for a "robot army" and the development of Tesla's next-generation AI chip, which are central to the company's future strategy [6] - The focus on AI technology aligns with Musk's vision for a fleet of fully autonomous self-driving vehicles, which remains a key area of interest for investors [7]

Now, let's bring in Wedbush Securities Dan Ives and CNBC contributor Bin Talkington of Reququisite Capital. Dan, I come to you first. It's great to have you both with us.The street would seem to believe only going of course through what the chart has shown us that the worst is behind this name. >> You believe it is. >> Oh, yeah.I think the worst is in the rearview mirror because look, that was the must brand issues. You know what we saw with deliveries. Now you're seeing a stabilization.China continues to b ...

The mayor, Kate Gallego. She never set out to be a politician. Gallego thought she'd be a tech entrepreneur, but she's always loved Phoenix, her adopted hometown, believing the city could dream bigger.Today, she's leading Phoenix's tech boom with record semiconductor investment, driverless cars hitting the streets and a new wave of growth, all while navigating motherhood and loss her personal experience inspiring her leadership through turbulent times. A 2025, CNBC changemaker, Mayor Kate Gallego is in the ...

Core Insights - Innoviz Technologies Ltd. will release its earnings results for Q3 2025 on November 12, 2025, before market opens [1] - A conference call and webinar will be held on the same day at 9:00 a.m. Eastern Time to discuss operational and financial results [2] - Investors can register in advance for the call, and a replay will be available for 90 days on Innoviz's website [3] Company Overview - Innoviz is a global leader in LiDAR technology, serving as a Tier-1 supplier to major automotive manufacturers [4] - The company's LiDAR and perception software aim to enhance safety and performance in autonomous vehicles [4] - Innoviz operates across the U.S., Europe, and Asia, collaborating with premium car brands and various commercial and industrial leaders [4]

Autonomous Vehicle Industry - The country is establishing a significant global advantage in deploying cars with autonomous capabilities [1] - The report explores the factors contributing to the country's rapid progress in the autonomous vehicle sector [1]

RT phil beisel (@pbeisel)Cybercab, the RobotThe debate here and elsewhere in the past week or so has been spirited and engaging. There are people who want to see a driver-control version of Cybercab, and their reasons are sound and reasonable.I believe that the design center for Cybercab was multi-purposed at one point, but it is no longer — there was a fork in the road, and Tesla took it.Of course (of course!) Tesla and Elon could revisit that decision, it’s always possible. But really, the question isn’t ...