What happened An SEC filing dated August 15, 2025, shows 1248 Management, LLC increased its Tesla (TSLA -1.12%) holding by 16,443 shares. The estimated transaction value, based on the period's average share price, is approximately $4.94 million. After the trade, the fund's total Tesla position rose to 18,754 shares, valued at $5.96 million. The full filing is available here. What else to know Tesla now accounts for 2.2% of 1248 Management's 13F reportable assets. Top holdings after the filing: As of August ...

Core Insights - Tesla is disbanding its Dojo supercomputer team, marking a significant shift in its strategy for developing in-house chips for driverless technology [1][4] - The departure of around 20 employees to form a new AI startup, DensityAI, has contributed to the dissolution of the Dojo project [2] - CEO Elon Musk has been promoting Tesla as an AI and robotics company, despite challenges in the rollout of its robotaxi service [3] Group 1: Dojo Project Developments - The lead of the Dojo project, Peter Bannon, is leaving Tesla, and remaining team members will be reassigned to other projects [1] - The Dojo project was initially seen as a cornerstone for Tesla's AI ambitions, with Musk emphasizing its potential to process vast amounts of video data [4] - Morgan Stanley had predicted that Dojo could add $500 billion to Tesla's market value by creating new revenue streams [5] Group 2: Shift in Strategy - Tesla plans to increase reliance on external technology partners like Nvidia and AMD for computing needs, moving away from in-house chip development [8] - A recent $16.5 billion deal with Samsung aims to produce AI6 inference chips for various applications, including full self-driving and humanoid robots [9] - Musk hinted at potential redundancies and convergence between the Dojo and AI6 inference chip projects [9] Group 3: Future Directions - The focus has shifted to a new AI training supercluster called Cortex, which is being developed at Tesla's headquarters in Austin [7] - The Dojo project was part of a broader strategy that included the development of Tesla's D1 chip, which was unveiled in 2021 [7] - Tesla's board has offered Musk a $29 billion pay package to ensure his continued leadership in advancing the company's AI initiatives [10]

Anytime there's a valuation as high as Tesla's, it's a clear indication that the market believes the future will be incredibly bright. And that's exactly what founder and CEO Elon Musk has gotten shareholders to believe. In this case, the main thing to focus on is its full self-driving (FSD) technology, which is what Tesla's ultimate success and current valuation depend on. After many delays, Tesla finally introduced a robotaxi service in Austin, Texas in June. It was a very limited and controlled launch to ...

Core Viewpoint - Tesla may be entering an era of "gimmicks," losing focus on its core electric vehicle (EV) business following the launch of its robotaxi service in Austin, according to Wall Street analyst Gordon Johnson [1][2]. Company Operations - Tesla's core operations are believed to be in a state of structural decline, leading the company to rely on promotional spectacles and futuristic tech promises to maintain market attention [2]. - The recent robotaxi rollout has faced scrutiny due to notable errors, including wrong-lane driving and abrupt stops, raising concerns about the readiness of its Full Self-Driving (FSD) system [4]. Financial Performance - Tesla's automotive gross margin fell to approximately 16% in the first quarter, down from a pandemic-era high of 25%, indicating struggles in maintaining profitability amid price cuts and zero-interest financing strategies [5]. - The company is facing declining sales and increasing pressure from lower-cost Chinese manufacturers [5]. Market Sentiment - Shifting public sentiment, influenced by CEO Elon Musk's polarizing public image, has eroded goodwill among some investors and consumers [6]. - After an initial boost from the robotaxi launch, Tesla's stock price has retraced, closing at $323, down 1.4%, with a 1.2% decline over the past week [7]. Stock Price Outlook - Tesla stock needs to hold above the $300 support level, and if the company can reassure investors about the safety of its robotaxi, there is potential for the stock to target the $400 mark [10].

Core Viewpoint - Federal safety investigators are scrutinizing Tesla's upcoming robotaxi service and its "Full Self-Driving (Supervised)" software, particularly its performance in low-visibility conditions [1][2][4]. Group 1: Investigation Details - The National Highway Traffic Safety Administration (NHTSA) is seeking additional information from Tesla to understand how the company plans to evaluate its vehicles and driving automation technologies for public road use [2]. - NHTSA's investigation into Tesla's FSD software was initiated after four reported crashes in low-visibility situations, highlighting concerns about the software's ability to handle such conditions [4][5]. - The agency has sent Tesla a series of questions to determine if the automated driving system in the planned robotaxis is similar to the FSD Supervised product, including inquiries about fleet size and vehicle models [7]. Group 2: Robotaxi Service Plans - Tesla plans to launch a paid ride-hailing robotaxi service in Austin, Texas, using its own fleet vehicles starting in June [3]. - The company has already begun a supervised ride-hailing service for employees in Austin and the San Francisco Bay Area, completing over 1,500 trips and 15,000 miles of driving [4]. - CEO Elon Musk indicated that the robotaxis will utilize a yet-to-be-released "unsupervised" version of the Full Self-Driving software [5]. Group 3: Safety Concerns - Investigators are particularly focused on whether the FSD software can effectively detect and respond to reduced roadway visibility conditions, such as sun glare, fog, and airborne dust [5][8]. - The NHTSA has requested Tesla to describe its plans to ensure the safety of robotaxi operations in various low-visibility conditions, including rain and snow [8].