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Tesla updates Robotaxi app users about California launch
Business Insider· 2025-07-26 22:23
Core Points - Tesla is launching its Robotaxi service in California under a new terms-of-service agreement, which includes a safety driver during rides in the state to comply with local regulations [1][2][3] - The Robotaxi service will utilize a variant of Tesla's supervised Full Self-Driving (FSD) software, which requires a licensed driver to monitor the vehicle [3] - Tesla has received a permit from the California DMV for testing self-driving software with a licensed driver but has not applied for permits for fully autonomous vehicle deployment [7][8] Group 1 - The Robotaxi service will be conducted autonomously outside California, while in California, rides will have a safety driver using FSD [1] - Tesla plans to start the Robotaxi service in San Francisco as a paid program with safety drivers controlling the vehicle [2] - The company is working with regulators to expand the Robotaxi program while currently launching it with safety drivers [8][9] Group 2 - California senator Scott Wiener expressed concerns over Tesla's lack of permits for deploying autonomous vehicles in the state [7] - Tesla has a permit from the California Public Utilities Commission to provide transportation services to employees and select members of the public [8] - The company aims to expedite the launch of the service while awaiting regulatory approval for driverless operations [9]
Waymo's EMMA: Teaching Cars to Think - Jyh Jing Hwang, Waymo
AI Engineer· 2025-07-26 17:00
[Music] So I I think a lot of people here already to be here in San Francisco. So we drive every day and I think the technology just works as you all witness. So uh I'm going to talk a little bit about the history of autonomous driving research like what it took to to to take us here and in the current status.So in the autonomous driving history uh people started the research in 1980s where it's just very simple neuronet networks there are three layers and over time people start to think about you know goin ...
WeRide Wins Permit for Autonomous Robotaxi Service in Shanghai, Partnering with Chery to Revolutionize Urban Mobility
Globenewswire· 2025-07-26 15:42
Core Insights - WeRide has received a permit from the Shanghai municipal government to operate Level 4 autonomous Robotaxi services, marking its entry into the tenth city globally [1][7] - The Robotaxi service was launched in partnership with Chery Group and Jinjiang Taxi during the World Artificial Intelligence Conference 2025, connecting key transport hubs and landmarks in Shanghai [2][4] - The CER, a jointly developed Robotaxi model, was showcased at Auto Shanghai 2025, built on WeRide's autonomous driving platform and Chery's vehicle architecture [5][6] Company Overview - WeRide, founded in 2017, is a leader in Robotaxi research and development, with operations in nine cities across three countries, accumulating over 2,000 days of safe operation [7] - The company is recognized as the first publicly traded Robotaxi company and has received autonomous driving permits in five markets: China, UAE, Singapore, France, and the US [9] - WeRide aims to enhance collaborations with global partners to advance Robotaxi technology and expand commercial deployments [8]
X @BSCN
BSCN· 2025-07-26 11:14
🚨 VERASITY'S 2025 MILESTONES: What has @verasitytech been working on this year...? Find out now https://t.co/ACzIkSmBik ...
Should You Buy This Magnificent Autonomous Driving Stock Before Aug. 6?
The Motley Fool· 2025-07-26 08:29
Core Viewpoint - Autonomous vehicles are poised to significantly impact the ride-hailing industry, with companies like Uber potentially benefiting from reduced operational costs and increased market opportunities through partnerships with self-driving vehicle providers [1][2][12]. Company Overview - Uber operates the largest ride-hailing network globally, relying on 8.5 million human drivers, which constitutes its largest expense [2][5]. - In Q1 2025, Uber reported gross bookings of $42.8 billion, with $18.6 billion paid to drivers, resulting in $11.5 billion in revenue after deducting costs [5][6][7]. - The company is expected to release its Q2 2025 operating results on August 6, with strong revenue and earnings growth anticipated [3][10]. Financial Performance - For Q1 2025, Uber's GAAP net profit was $1.7 billion, indicating a low profit margin relative to its gross bookings [6][7]. - Projections for Q2 2025 suggest gross bookings between $45.7 billion and $47.2 billion, translating to approximately $12.5 billion in revenue, representing a year-over-year growth of 16.4% [10][11]. Autonomous Vehicle Partnerships - Uber has partnerships with 18 self-driving vehicle providers, up from 14 six months prior, leveraging its large user base of 170 million monthly active users [12]. - Waymo, a key partner, is completing over 250,000 paid autonomous ride-hailing trips weekly across five U.S. cities, utilizing both its and Uber's networks [13]. - As of Q1 2025, Uber's network completed 1.5 million annualized autonomous trips and deliveries, with expectations for updates on this figure in the upcoming report [14]. Market Outlook - Uber's stock has increased by 42% in 2023, currently trading near record highs, with a price-to-sales ratio of 4.2, aligning with its 10-year average [15]. - The potential for accelerated revenue growth due to autonomous vehicles suggests that the stock may be worth holding, especially for long-term investors [17][18].
X @Avi Chawla
Avi Chawla· 2025-07-26 06:30
To recall:1) Basic responder only generate text.2) Router pattern decides when to take a path.3) Tool calling picks & runs tools.4) Multi-Agent pattern manages several agents.5) Autonomous pattern works fully independently.Here's the visual again for your reference👇 https://t.co/3uhj0dAgcT ...
PONY AI Inc. Among the First to Receive Permit for Fully Driverless Commercial Robotaxi Services Shanghai's Pudong New Area
Globenewswire· 2025-07-26 06:30
Core Insights - Pony.ai has received a permit for fully driverless commercial Robotaxi services in Shanghai's Pudong New Area, marking a significant milestone in the company's efforts to commercialize autonomous mobility in a major urban market in China [1][2] - The company is now the only one with fully driverless commercial Robotaxi service permits in all four tier-one cities in China: Beijing, Shanghai, Guangzhou, and Shenzhen [2] - The launch of services will begin in the Jinqiao and Huamu areas, which are strategically located near key financial and commercial hubs, providing substantial commercial opportunities [3] Company Overview - Pony.ai is a global leader in the commercialization of autonomous mobility, utilizing its vehicle-agnostic Virtual Driver technology to develop a sustainable business model for mass production and deployment of autonomous vehicles [4] - Founded in 2016, the company has expanded its operations across various regions, including China, Europe, East Asia, and the Middle East, ensuring broad accessibility to its advanced technology [4]
Tesla earnings analysis: Bulls and bears share their takes on the EV giant
Yahoo Finance· 2025-07-26 00:39
0:00 Dan Ives, managing director and equity analyst at Wedbush Securities, joins Market Catalysts with Julie Hyman to discuss Tesla (TSLA) in light of the company's earnings miss. Ives says Tesla will lead in autonomous technology and robotics, but faces potential distractions ahead. 07:35 Tesla's (TSLA) reported second quarter earnings that missed estimates. Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO, joins Asking for a Trend to discuss the results, highlighting that the company's core ...
Tesla wants to bring its robotaxis to San Francisco. Here is what's standing in the way.
TechCrunch· 2025-07-25 23:41
Group 1: Tesla's Robotaxi Service Launch - Tesla is launching a limited version of its robotaxi service in San Francisco, following an initial rollout in Austin, Texas [1] - The company plans to invite Tesla owners to test the service, which may violate state regulations despite having a human safety driver present [1][8] Group 2: Regulatory Environment - Two state agencies regulate autonomous vehicles in California: the California Department of Motor Vehicles (DMV) and the California Public Utilities Commission (CPUC) [2] - Tesla holds a permit for testing autonomous vehicles with a human safety operator but lacks permits for driverless testing or deployment [3][7] - Tesla does not have the necessary permits from the CPUC to offer autonomous passenger services, whether paid or unpaid [7][8] Group 3: Current Operations and Challenges - Tesla has been running an invite-only version of its robotaxi service in Austin since June 22, primarily in the downtown area [9][10] - The service started with around 10 vehicles, but details on the number of operational Model Y SUVs and safety operator interventions remain unclear [10] - The company is also facing legal challenges, including a lawsuit related to its Autopilot system and ongoing issues with the DMV regarding its self-driving claims [8][9][11]
Ocean Power Q4 Revenue Up 6 Percent
The Motley Fool· 2025-07-25 22:59
Ocean Power Technologies (OPTT -14.83%), a provider of renewable energy and autonomous maritime systems, reported earnings for fiscal 2025 on July 24, 2025. The company delivered GAAP revenue of $5.9 million, an increase of 6% over the prior year. Gross profit (GAAP) declined sharply to $1.7 million compared to $2.8 million in FY2024. Operating expenses were cut by 28%, leading to a reduced net loss of $21.5 million, down from $27.5 million for FY2024. There were no consensus analyst estimates to compare ag ...