Core Insights - Tesla Inc. shares increased by over 5% following a statement from Morgan Stanley analyst Adam Jonas, who claimed that the company had effectively "solved" autonomous driving, leading to renewed investor optimism [1] Company Summary - Tesla's stock performance reflects a significant positive reaction from investors, driven by advancements in autonomous driving technology as highlighted by a prominent analyst [1]

Core Insights - Uber Technologies, in partnership with WeRide, has launched autonomous robotaxi services in Riyadh, marking the first public availability of autonomous vehicles on the Uber platform in Saudi Arabia [1][11] - This initiative aligns with Saudi Arabia's Vision 2030, aiming to innovate in smart and sustainable mobility [2][11] - The initial phase includes a vehicle operator in each Robotaxi for safety, with plans to transition to fully autonomous operations over time [3][4] Group 1: Strategic Partnerships and Market Position - The collaboration with WeRide highlights Uber's asset-light strategy, allowing it to enter the lucrative robotaxi market without incurring high R&D costs [5] - Uber's approach to integrating advanced AV technologies positions it well for long-term growth, particularly in suburban and low-density markets [6] Group 2: Global Expansion and Future Plans - WeRide is expanding rapidly, with a significant investment from Southeast Asia's Grab to enhance the deployment of Level 4 robotaxis and shuttles [7] - WeRide plans to launch its autonomous vehicles in Singapore, marking the city's first autonomous shuttle service in a residential area [8] Group 3: Financial Performance and Valuation - Uber's shares have increased by 59.3% year-to-date, outperforming the Zacks Internet-Services industry's 36.8% increase [9] - The company trades at a 12-month forward price-to-sales ratio of 3.38X, indicating it is relatively inexpensive compared to its industry [13]

Group 1: Earnings Performance - Tesla reported record quarterly revenue of $28.1 billion, driven by strong electric vehicle delivery numbers [2] - However, the company's operating margin fell significantly by 5 percentage points year over year, from 10.8% in Q3 2024 to 5.8% [2] Group 2: Future Challenges - The decline in profit margins is expected to worsen due to the end of the $7,500 federal EV tax credit in the U.S. and the introduction of cheaper versions of the Model 3 and Model Y [3] - Increased R&D expenses for robotics and autonomous driving initiatives may further impact profitability [3] - Tesla does not anticipate a significant ramp-up in production of its electric Semi until late 2026, with historical unreliability in such forecasts [3] Group 3: CEO Compensation and Control - CEO Elon Musk's proposed compensation package is set for a shareholder vote on November 6, which is unusual for an earnings call [5] - Musk aims to increase his stake in Tesla from 13% to the mid-20s percentage range to enhance his voting control and influence over the company [6][7] - Musk expressed concerns about maintaining influence over future developments, particularly regarding his plans for a "robot army" [7]

RT Tesla Owners Silicon Valley (@teslaownersSV)FSD 14.1.4 navigates rain like an absolute champion, but parking needs some work.About five minutes into my drive, a light drizzle began, which soon escalated into a steady downpour.I was thoroughly impressed with how seamlessly the Tesla’s Full Self-Driving (FSD) 14.1.4, in Mad Max mode, handled the wet conditions. The system maintained smooth acceleration, precise lane-keeping, and confident turns, even as rain blurred the windshield and reduced visibility. T ...

Autonomous Driving Performance - Tesla's FSD 14.1.4 demonstrates champion-like navigation in rainy conditions [1][2][4] - The system maintains smooth acceleration, precise lane-keeping, and confident turns in wet conditions [2] - Sensors accurately detect road markings and surrounding vehicles despite reduced visibility [2] Areas for Improvement - FSD 14.1.4's parking algorithms require further refinement [3][4] - The system missed several clearly available street parking spots [3] - Tesla needs to iron out parking kinks and reduce the need for manual prompts [4]

FSD 14.1.4 navigates rain like an absolute champion, but parking needs some work.About five minutes into my drive, a light drizzle began, which soon escalated into a steady downpour.I was thoroughly impressed with how seamlessly the Tesla’s Full Self-Driving (FSD) 14.1.4, in Mad Max mode, handled the wet conditions. The system maintained smooth acceleration, precise lane-keeping, and confident turns, even as rain blurred the windshield and reduced visibility. The sensors seemed unfazed, detecting road marki ...

Vehicle & Technology Showcase - Tesla Cybertruck is showcased in Downtown Los Gatos with an international visitor [1][3] - Tesla's Full Self-Driving (FSD) version 13.2.9 is tested in a real-world urban environment [2] - The test includes navigating traffic and handling turns to showcase its autonomy [2] User Experience & Feedback - Gareth Blake Hall experiences the Cybertruck for the first time [1] - The video captures genuine reactions to the Cybertruck's design, power, and features [3] - Insights are provided comparing the Cybertruck to the Tesla Model 3 Performance in Australia [3]

Join me as I take Gareth Blake Hall (@gbhall on X) and a passionate Tesla enthusiast from Australia, for an epic drive around the charming streets of Downtown Los Gatos in my Tesla Cybertruck!This is Gareth's first time experiencing the futuristic Cybertruck up close and personal while he's visiting the US.We're putting Tesla's Full Self-Driving (FSD) version 13.2.9 to the test in a real-world urban setting – navigating traffic, handling turns, and showcasing its impressive autonomy.Watch his genuine reacti ...

Industry Overview - LiDAR technology is gaining traction in the automotive sector, particularly in premium vehicles and robotaxis, due to its capabilities in 3D mapping and object detection, enhancing advanced driver-assistance systems (ADAS) and autonomous driving applications [1][2] - The market for LiDAR is projected to reach a $19 billion addressable market by 2030, indicating significant growth potential [5] Company Analysis: Ouster, Inc. (OUST) - Ouster is positioned to capitalize on the increasing adoption of LiDAR across various sectors, including automotive, industrial, robotics, and smart infrastructure [4] - The 2023 merger with Velodyne has expanded Ouster's product lineup and customer base, with a target of achieving over $75 million in annual cost synergies [4] - The company is transitioning from hardware sales to software-driven solutions, aiming for recurring revenue through products like the Gemini perception platform and BlueCity analytics suite [5] - Ouster anticipates annual revenue growth of 30-50% and gross margins of 35-40%, supported by significant contracts and partnerships [5] - Despite revenue growth, Ouster remains unprofitable and expects cash burn through at least 2026, although it has a solid balance sheet with $171 million in cash and no debt [6] - OUST shares have increased by 170% year to date [6] Company Analysis: Innoviz Technologies (INVZ) - Innoviz aims to be a leading supplier of LiDAR solutions for autonomous driving, with strategic partnerships with major automotive players like BMW, Volkswagen, and Mobileye [7] - The company is focused on ramping up production of InnovizTwo and developing InnovizThree, targeting revenues of $50 million to $60 million by 2025 [8] - Innoviz is also unprofitable and expects continued cash burn, but is committed to managing expenses to improve its cash burn rate [8] - The company has launched a $75 million at-the-market program to support general business purposes, including R&D and production [10] - INVZ shares have gained 17.2% year to date [10] Financial Estimates - The Zacks Consensus Estimate for OUST's 2025 revenues and EPS indicates a year-over-year increase of 24% and 29.8%, respectively [11] - For INVZ, the estimates imply a year-over-year revenue increase of 189.8% and EPS growth of 44.7% for 2025 [12] Valuation Metrics - Ouster is trading at a forward 12-month price-to-sales multiple of 9.73, significantly above its median of 3.22 over the past three years [13] - Innoviz is trading at a forward price-to-sales multiple of 2.63, also above its median of 2.4 over the last three years [13] Conclusion - Ouster's broad product lineup and focus on software-led solutions position it well for future growth in the LiDAR market [15] - Innoviz is well-positioned in the automotive LiDAR market, particularly with the acceleration of Level 4 robotaxi deployments [15] - Both companies hold a Zacks Rank 3, but Innoviz is viewed as a safer investment option amid sector growth [16]

Core Insights - Tesla is focusing on the adoption of its Full Self-Driving (FSD) software, but only about 12% of its current fleet is paying for the service, indicating limited customer acceptance [1][2][4] - Revenue from FSD decreased to $326 million in the third quarter of the previous year, while total revenue for Tesla reached a record $28.1 billion for the same quarter [2] - The company is facing regulatory hurdles in major markets like Europe and China, which are delaying the rollout of FSD technology [11] Financial Performance - Tesla reported a record revenue of $28.1 billion for the third quarter [2] - Revenue from FSD decreased compared to the previous year, attributed to lower one-time revenue recognition due to the release of additional features last year [2] Product and Technology - FSD is marketed as a driver assistance system that requires owner supervision, costing $8,000 outright or $99 per month for a subscription [3] - The latest version of FSD software includes a "Mad Max" mode, which allows for higher speeds and more frequent lane changes [11] Strategic Importance - Increasing FSD subscriptions is critical for Tesla's future, as the company aims to make autonomous vehicles mainstream and significantly boost vehicle sales [4] - Elon Musk's proposed $1 trillion pay package is tied to achieving 10 million FSD subscriptions by 2035 [5] Regulatory and Legal Challenges - Tesla is facing regulatory scrutiny in the US, with a federal investigation launched into FSD after reports of vehicles running red lights [11] - The company has also encountered lawsuits related to FSD and its earlier Autopilot technology, including a significant ruling requiring Tesla to pay $242.5 million in damages for a crash involving Autopilot [12] Future Outlook - Despite setbacks, Musk remains optimistic about the potential of FSD and its impact on transportation, suggesting that the technology will experience rapid adoption [13][14]