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Dow Jones Futures Rise, Tesla Tries To Steady; Jobs Report Shut Down
Investors· 2025-10-03 12:01
10/04/2025Tesla Full-Self Driving v14 will be released Monday, Elon Musk wrote Saturday. Tesla stock reversed lower last week despite record... 10/04/2025Tesla Full-Self Driving v14 will be released Monday, Elon Musk... Related news Tesla FSD v14 Release Coming Monday, Elon Musk Says Dow Jones futures rose slightly Friday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally rose slightly Thursday with the S&P 500 and Nasdaq hitting fresh all-time highs. Tesla (TSLA) reversed from f ...
Nvidia eyes $500M investment in self-driving car company Wayve
Proactiveinvestors NA· 2025-09-19 13:59
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Tesla Robotaxi Rival Waymo Reaches 96 Million Driverless Miles As Robotaxi Race Heats Up - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Benzinga· 2025-09-17 05:43
Alphabet Inc.'s GOOGL GOOG self-driving cab service Waymo has announced that its Robotaxis have completed 96 million driverless miles, further enhancing its self-driving credentials.Waymo's New Safety ReportIn a new report released by Waymo on Tuesday, the company announced it reached 96 million driverless miles through June this year, with 16.4 million miles in Los Angeles, 29.8 million miles in San Francisco and 4.62 million miles in Austin, Texas. Waymo also clocked the highest number of autonomous miles ...
Amazon launches Zoox its robotaxi answer to Waymo rival
CNBC Television· 2025-09-10 16:25
Amazon officially making its high stakes entry into the robo taxi race. It self-driving unit Zuks launching in Las Vegas going public today for the first time with cabs that don't have a steering wheel or pedals. Our Mackenzie Sagalos has that in today's tech check.Morning Mac. Hey, good morning Carl. So 5 years after its 1.3% billion Zuks acquisition and Amazon is officially in the AV wars.For now the footprint is small. free rides on the Vegas strip to build familiarity before regulators clear paid servic ...
Qualcomm unveils driverless tech with BMW, sees 'domino effect' of customers
CNBC· 2025-09-10 05:55
Core Insights - Qualcomm is diversifying its business into the automotive sector, which is one of its fastest-growing divisions [2] - The company has developed an automated driving system in collaboration with BMW, named Snapdragon Ride Pilot, which will debut on the BMW iX3 [3][4] - Qualcomm's CEO anticipates that the performance of this technology will attract interest from other automakers, potentially leading to licensing opportunities [4][5] Group 1: Technology Development - The Snapdragon Ride Pilot Automated Driving System allows for hands-free driving and lane changing but does not enable fully driverless operation [3] - The system is set to be available in 100 countries by 2026, with the BMW iX3 launching in 60 countries featuring this technology [3][4] Group 2: Market Potential - Qualcomm's CEO believes that as original equipment manufacturers (OEMs) evaluate the system's competitiveness, it will trigger a domino effect of interest from other carmakers [5] - The company has made significant progress in discussions with other automakers regarding potential partnerships, although no announcements have been made yet [5]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-08-16 20:16
User Experience & Technology Adoption - Tesla's Full Self Driving (FSD) technology provides a "life changing experience" for first-time users [1] - The user describes FSD as if "the future is suddenly here," indicating a high level of satisfaction and perceived technological advancement [1] Public Perception & Brand Image - Positive user testimonials on social media can significantly enhance Tesla's brand image and public perception [1] - The experience is described as "soooo cool," suggesting a positive emotional response and potential for viral marketing [1]
Musk Announces Deal With Samsung For Tesla AI Chips Made In Texas—Touts ‘Strategic Importance'
Forbes· 2025-07-28 07:10
Core Insights - Tesla has entered into a significant deal with Samsung for the manufacturing of its next-generation AI chip, valued at $16.5 billion, which will enhance Samsung's semiconductor business [1][2] Group 1: Deal Details - The contract with Samsung will span multiple years and is set to run until the end of 2033, with production beginning in 2026 at Samsung's new semiconductor plant in Taylor, Texas [1] - Elon Musk emphasized the strategic importance of this partnership, indicating that Samsung's Texas facility will be dedicated to producing Tesla's AI6 chip [1][2] Group 2: Manufacturing Efficiency - Tesla will assist Samsung in maximizing manufacturing efficiency, although specific details on the nature of this assistance were not disclosed [2] - Musk mentioned his personal involvement in overseeing the production line to expedite progress [2] Group 3: Current and Future Chips - Samsung currently manufactures Tesla's AI4 chip, which powers the Autopilot feature in Tesla vehicles [2] - Tesla has completed the design for the AI5 chip, which will be produced by TSMC, and is expected to have approximately ten times the capability of the AI4 chip [2] Group 4: Market Reaction - Following the announcement of the deal, Samsung Electronics' shares rose by 6.22%, reaching $50.6 (KRW 70,000) [3]
Tesla stock rises ahead of weekend Robotaxi launch in San Francisco
Finbold· 2025-07-25 14:22
Group 1 - Tesla is preparing for its robotaxi rollout in San Francisco, with CEO Elon Musk focusing on self-driving technology amid declining sales [1] - The robotaxi division is in early stages, having completed only a limited test run in Austin, Texas earlier this year [1] - Tesla's stock rose by 2.57% to $313.15, driven by excitement for the upcoming launch [1] Group 2 - Despite the stock's short-term gains, Tesla has faced challenges, including an 8% drop in stock price on July 24 following a poor second-quarter performance [2] - The company experienced a more than 50% decline in regulatory credit sales and a 14% decrease in overall vehicle deliveries, indicating weakening demand [3] - Tesla's market share in Europe fell to 2.8% in June, down from 3.4% a year prior, marking the sixth consecutive month of decline in new registrations [3] Group 3 - Wall Street's 12-month price targets for Tesla's stock vary significantly, ranging from $19.05 to $500 [3]
AEVA's Big LiDAR Bet: Is Mass Production Its Game Changer?
ZACKS· 2025-07-18 15:35
Core Insights - Aeva Technologies (AEVA) is significantly increasing its production capacity for 4D LiDAR sensors, aiming to produce up to 200,000 units annually, which positions the company as a key player in the self-driving vehicle market [1][10] - The ramp-up in production aligns with Aeva's exclusive supply role for Daimler Truck's self-driving division, Torc Robotics, with initial trucks already operating in Texas [2][10] - This large-scale production initiative is expected to commence in late 2026 and continue into 2027, indicating Aeva's ambition to lead in the automotive LiDAR sector [3] Company Positioning - Aeva's production expansion is not solely focused on Daimler, as it prepares to supply various automotive manufacturers, showcasing its readiness for mass production [3] - The company has seen a significant stock price increase of nearly 550% this year, reflecting growing investor confidence [8] - Aeva is currently trading at a premium compared to the industry average in terms of forward price-to-sales ratio, indicating a strong market position despite a low Value Score [9] Industry Context - Competitors like Luminar Technologies and Innoviz Technologies are also ramping up production and forming partnerships with major automotive brands, indicating a competitive landscape in the LiDAR market [4][5] - Luminar focuses on high-volume production with its own components, while Innoviz aims to provide comprehensive LiDAR solutions, highlighting diverse strategies within the industry [4][5]