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Tesla Robotaxi Scaling Growth Will Be Slow In Near Term: Goldman Sachs
Benzinga· 2025-06-25 17:15
Goldman Sachs analyst Mark Delaney maintained a Neutral on Tesla Inc TSLA with a price forecast of $285 on Wednesday.Delaney stated that Tesla began robotaxi operations on June 22 in Austin, Texas, for a small group of early access individuals.The analyst recalled that Tesla had said the initial fleet would likely consist of 10-20 Model Y vehicles.Also Read: Tesla Stock Rises After Austin DMV Recognizes Company as Official Operator of Autonomous VehiclesBased on available data on Tesla’s robotaxi launch fro ...
Tesla Just Achieved a Big Milestone With Its Robotaxi Launch. But There's Another Potential Speed Bump Fast Approaching.
The Motley Fool· 2025-06-24 00:30
Still, Tesla has a lot going on right now. Remember, the company's core business is still electric vehicles (EVs), and that business is facing a critical event in just a few weeks' time. Tesla (TSLA 8.19%) and its CEO Elon Musk recently achieved a big milestone -- they launched the company's first self-driving robotaxis for paying customers in Austin, Texas. It's an initiative that Musk first discussed in 2016. While it looks more like a soft launch, it's still a big step for Tesla, which plans to launch a ...
Terranet’s rights issue oversubscribed
Globenewswire· 2025-06-13 06:00
Core Viewpoint - Terranet AB has successfully completed a rights issue that was oversubscribed, raising approximately SEK 15 million before issue costs, indicating strong shareholder confidence in the company's future development [2][3][5]. Rights Issue Outcome - The subscription period for the rights issue ended on June 11, 2025, with 10,349,896 units subscribed for with unit rights, representing about 74.6% of the rights issue [3]. - An additional 4,704,934 units were subscribed without unit rights, corresponding to approximately 33.9% of the rights issue, leading to a total subscription of 15,054,830 units, or approximately 108.5% of the rights issue [2][3]. Financial Impact - The rights issue will increase the number of shares by 166,568,568 B-shares, raising the total share capital from SEK 14,715,191.82 to SEK 16,380,877.50 [7]. - If all warrants of series TO9 B are exercised, the number of shares will further increase by 83,729,677 B-shares, raising the share capital to SEK 17,218,174.270 [8]. Warrants and Trading - Each warrant of series TO9 B allows the holder to subscribe for one new B-share at a price of SEK 0.18, with the subscription period set from December 1, 2025, to December 15, 2025 [9]. - Trading in paid subscribed units (BTU) will occur on Nasdaq First North Premier Growth Market until June 30, 2025, or until conversion into B shares and warrants [10]. Company Development - The proceeds from the rights issue will enable the company to advance its product and business development, particularly in the commercialization of its anti-collision system, BlincVision [6]. - Terranet aims to enhance urban traffic safety through innovative solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [14].
The last day of trading in unit rights in Terranet’s rights issue
Globenewswire· 2025-06-05 06:00
Company Overview - Terranet AB focuses on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) aimed at enhancing urban traffic safety [7] - The company is headquartered in Lund, Sweden, with additional offices in Gothenburg and Stuttgart, and has been listed on Nasdaq First North Premier Growth Market since 2017 [8] Rights Issue Details - The Rights Issue involves a maximum of 13,880,714 units, with each unit consisting of twelve B-shares and three warrants of series TO9 B, issued free of charge [9] - The subscription price is set at SEK 1.08 per unit, equating to SEK 0.09 per B-share, and is expected to raise approximately SEK 15 million before costs [9] - Shareholders will have preferential rights to subscribe, with one existing share granting one unit right, and eighty-six unit rights needed to subscribe for one unit [9] - The subscription period runs from May 27, 2025, to June 11, 2025, with trading in unit rights occurring from May 27, 2025, to June 5, 2025 [4][9] Financial Commitments - The Rights Issue is fully covered by subscription commitments of approximately SEK 35.2 thousand (0.2% of the Rights Issue) and underwriting commitments of about SEK 15 million (99.8% of the Rights Issue), totaling 100% coverage [9]
Terranet invites you to a digital investor meeting on June 3, 2025 
Globenewswire· 2025-05-27 15:00
In connection with the subscription period for Terranet AB’s rights issue of units, which runs from May 27 to June 11, 2025, the company invites shareholders and other interested parties to a digital investor meeting. The meeting will be held via Microsoft Teams on June 3, 2025, at 14:00 CEST. During the session, Terranet’s CEO Lars Lindell will present the company’s latest progress, including the development of BlincVision, plans for the launch of the Minimum Viable Product (MVP), and continued collaborati ...
Terranet invites to presentation of Interim report for the first quarter on May 19, 2025
Globenewswire· 2025-05-19 05:30
On Maj 19th 2025, Terranet AB (publ) will release its Interim report for the first quarter 2025. On the same day at 10 a.m. CET, the company’s CEO Lars Lindell and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcast digitally and is open to the public. The presentation will be held in English. Via the webcast, there is an opportunity to ask written questions. Link to the webcast: https://terranet.events.inderes.com/q1-report-2025A recording of the presentatio ...
Uber: Accelerates AV Ambitions As Growth Shows Signs Of Stalling
Seeking Alpha· 2025-05-09 08:09
In my last article on Uber (NYSE: UBER )(NEOE: UBER:CA ), I analysed the company’s Q4 results and examined why there was a lot of negativity in the name post the earnings release. I also investigated whetherAn independent investor in the Indian and US equity markets with a CFA Charter and a PhD in Finance from University of Durham, U.K. I hold an Honorary Associate Professor in Finance and Corporate Governance title at Brunel University London. I have a YouTube and a Podcast channel, titled The Stock Doctor ...
Uber(UBER) - 2025 Q1 - Earnings Call Transcript
2025-05-07 13:00
Uber (UBER) Q1 2025 Earnings Call May 07, 2025 12:00 PM ET Speaker0 and welcome to the Uber First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to Balaji Krishnamurti, Vice President, Strategic Finance and Investor Relations. You may begin. Speaker1 Thank you, operator. Thank you for joining us today, and welcome to ...
Terranet postpones Q1 report date
Globenewswire· 2025-05-02 15:30
The Board of Directors of Terranet has decided to postpone the date for publication of the interim report for the first quarter 2025 to May 19, 2025. The reason for the postponement is that the work on a capital raise, divided into a directed share issue in combination with a rights issue of shares, has delayed the completion of the report. The capital raise aims to secure the Company's liquidity for 2025 and was announced on April 16, 2025. The previously communicated date for publication was 8 May 2025. ...