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Tesla's stock rallies to end a rough week
MarketWatch· 2026-02-06 21:18
The company is making inroads on two potential growth segments: driverless cars and solar energy. ...
Waymo will start offering rides to San Francisco airport
CNBC· 2026-01-29 19:40
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025.Waymo is starting to take San Francisco passengers to the airport.The Alphabet-owned company said in a blog post Thursday that it is opening up San Francisco International Airport access to a select number of customers, and will gradually welcome all riders over the coming months. Pickups and drop-offs will initially take place at the airport's rental car center, and will eventually expand to additional locations like termi ...
A Waymo hit a child near an elementary school. The NHTSA is investigating
CNBC· 2026-01-29 16:38
Core Viewpoint - Waymo's driverless vehicle was involved in an incident where it struck a child near an elementary school, prompting an investigation by the National Highway Traffic Safety Administration (NHTSA) [1][2]. Incident Details - The collision occurred on January 23, within two blocks of an elementary school during school drop-off hours, with other children and a crossing guard present [2]. - The child ran across the street from behind a double-parked SUV and sustained minor injuries [1][2]. Investigation Focus - NHTSA's Office of Defects Investigations will evaluate whether the Waymo vehicle exercised appropriate caution given its location and the presence of young pedestrians during school hours [3]. - The investigation will analyze the intended behavior of Waymo's driverless vehicles in school zones, particularly during pick-up and drop-off times, as well as the company's response after the incident [3]. Waymo's Response - Waymo stated that their technology detected the child as they emerged from behind a stopped vehicle, and the vehicle braked hard, reducing its speed from approximately 17 mph to under 6 mph before contact [4].
Tesla Plots $20 Billion Splurge to Support Musk’s AI Future
Yahoo Finance· 2026-01-29 14:42
Bloomberg Tesla Inc. will spend over $20 billion on a dramatic reshuffling of factory lines reflecting Elon Musk’s repositioning of the carmaker coming off a multiyear sales slump. The capital expenditures planned for 2026 — more than double last year’s outlay and almost twice as much as Wall Street was expecting — will go to ramping up production of cars, batteries and robots across half a dozen plants. To make room for new Optimus humanoids, Tesla will discontinue its two oldest vehicles, the Model S s ...
Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
CNBC· 2026-01-28 21:10
Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 3% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: 50 cents, adjusted vs. 45 cents, estimatedRevenue: $24.90 billion vs $24.79 billion, estimatedAuto sales have been sluggish in recent quarters for Tesla, as the company faces an ...
Tesla Releases Analyst Estimates Ahead Of Q4 Earnings Call, Touts $24.5 Billion Revenue - Tesla (NASDAQ:TSLA)
Benzinga· 2026-01-23 10:11
Tesla Inc. (NASDAQ:TSLA) has released its company-compiled analyst estimates for the Elon Musk-led EV giant ahead of its fourth quarter earnings call next week.$24 Billion Q4 RevenueThe company published the figures in an official press release on Thursday, citing data from 19 investment firms, including the likes of Wedbush Securities, UBS, Wells Fargo, JPMorgan & Chase, Morgan Stanley, Baird and more.Analysts estimate Tesla will report $24.49 billion in the fourth quarter, of which the automotive revenue ...
Musk says Tesla's robotaxis will be widespread in the U.S. by the end of this year
CNBC· 2026-01-22 16:57
Core Viewpoint - Tesla plans to establish a widespread network of driverless robotaxis in the U.S. by the end of 2026, as stated by CEO Elon Musk during the World Economic Forum [1] Group 1: Robotaxi Deployment - Tesla has already rolled out its robotaxi service in select cities, with plans for significant expansion within the U.S. by the end of this year [1] - The robotaxi service began in Austin in June and was later launched in San Francisco, following previous delays in delivering fully driverless cars [2] Group 2: Safety Measures - Current robotaxis are equipped with human safety monitors at the wheel to ensure passenger safety during rides [2]
Waymo launches robotaxi service in Miami, extending U.S. lead
CNBC· 2026-01-22 14:00
Core Viewpoint - Waymo has launched its robotaxi service for paying riders in Miami, marking a significant step in its 2026 market expansion strategy, positioning itself ahead of competitors like Tesla and Zoox [1] Group 1: Service Launch and Expansion - Waymo's robotaxi service is now available in a 60-square-mile area of Miami, including key neighborhoods such as the Design District, Wynwood, Brickell, and Coral Gables [2] - The company began testing its vehicles in Miami in early 2025 and plans to extend services to Miami International Airport in the future [2] Group 2: User Engagement and Partnerships - Nearly 10,000 Miami residents have signed up to try the robotaxi service, with new riders being invited on a rolling basis [3] - Waymo is collaborating with mobility company Moove for fleet management services, which include vehicle charging, cleaning, and repairs [3] Group 3: Safety and Operational Challenges - Waymo has faced public concerns regarding the safety and driving behavior of its vehicles, particularly highlighted by incidents of gridlock during storms and power outages in San Francisco [4] - The company is actively refining its systems to improve navigation during adverse weather conditions [4]
Elon Musk promised a ‘major rebound’ for Tesla in 2025. Instead it fell behind its biggest rival from China
Yahoo Finance· 2026-01-03 13:46
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed sales down for a second year in a row. Tesla said that it delivered 1.64 million vehicles in 2025, down 9% from a year earlier. Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker. It’s a stunning reversal for a car company whose rise once seemed unstoppa ...
Tesla loses title as world's biggest electric carmaker
Fastcompany· 2026-01-02 17:31
Core Insights - Tesla has lost its position as the world's bestselling electric vehicle maker, with deliveries falling to 1.64 million vehicles in 2025, a 9% decrease from the previous year, while Chinese rival BYD sold 2.26 million vehicles [1][8] - The decline in Tesla's sales is attributed to customer dissatisfaction with Elon Musk's political stance, the expiration of U.S. tax breaks, and increased competition from overseas [1][2] Sales Performance - In the fourth quarter, Tesla's sales totaled 418,227 vehicles, which was below the expected 440,000, impacted by the end of a $7,500 tax credit [3] - Analysts predict a 3% drop in sales and nearly a 40% drop in earnings per share for the upcoming fourth-quarter earnings report [6] Strategic Initiatives - Tesla has introduced stripped-down versions of the Model Y and Model 3, priced under $40,000 and $37,000 respectively, to enhance competitiveness against Chinese models in Europe and Asia [5] - Despite current sales challenges, investors remain optimistic about Musk's vision for Tesla's future, including ambitions in robotaxi services and humanoid robots [4][7] Market Reaction - Tesla's stock saw a slight increase of 0.5% to $451.60 in early trading, reflecting some investor confidence despite declining sales figures [3] - The stock finished 2025 with an approximate gain of 11%, indicating a focus on long-term potential rather than short-term sales declines [4]