The biggest one was our original investment in Whimo. So we invested in early 2020. We were the only VC fund that invested in Whimo and it was extraordinary.I mean the product was magic even at the time. We did demo rides. This is obviously well before they were everywhere on the road.It could drive smoother than a human. They could do unprotected laughs. They could avoid construction sites.They they could do all these like really special things that you wouldn't think that an autonomous car could do. But a ...

what the Gen 3 architecture does with compute levels that are dramatically expanded. So this is just to put some numbers to this at the platform level 1,600 sparse tops. We can process 5 billion pixels per second.Uh we include as you said a beautifully integrated LAR that raises the ceiling to allow us to take the platform to personal level 4. So the first step before we get to personal level four is beyond handsoff pointtooint. maintain those hands off point to point but take your eyes off the off the road ...

Group 1 - Tesla's CEO Elon Musk announced on X that the Model Y robotaxi ride-hailing service fleet will expand in December, although it will still fall short of his previous targets [1] - Tesla shares experienced an increase prior to the stock market opening on Wednesday, indicating positive market sentiment [1] - The overall market showed a rally mode with significant movements in major stocks, including Tesla, amidst discussions about AI and autonomous technology [4] Group 2 - The stock market is currently at a key level, with notable fluctuations in stocks like Nvidia and Tesla, reflecting broader market trends [4] - Tesla is identified as one of the most expensive stocks in the market, raising questions about its valuation and investment potential [4] - The upcoming competition in the robotaxi sector is highlighted, with 2026 being projected as a pivotal year for such services [4]

Autonomous Driving Technology - Elon Musk 认为完全自动驾驶即将实现，预计 14.3 版本可以让用户在车辆行驶过程中睡觉并在目的地醒来 [1]

Whimo announcing today it's now operating on freeways in San Francisco, in Phoenix, and Los Angeles, plus an expansion of its service areas. Dear Drabosa has the latest in today's tech check. Is this a good thing, Dearra.>> How are you. It >> is a good thing if you like to ride in Whimo. So now you can get in a Whimo from downtown San Francisco where I am all the way to San Jose.That's about 50 miles or an hour and a half on a good day. And this is all without having to say a word to a driver. So that is ce ...

Our next guest says that today's shareholder meeting will be critical in another way. It will remind investors of the growth opportunities ahead for the stock like we just said. So joining me now is Dan Levy, the senior research analyst over at Barclays covers Tesla.Dan, the conversation with Phil, he talked about some of the lofty goals that are out there. Is this a scenario where Tesla, if it does reach those goals, is a company that should be paying Elon Musk a trillion dollars or near that amount in com ...

XPeng is set to become the first Chinese carmaker to launch a self-developed robotaxi, aiming to roll out three models next year as companies race to take the lead in autonomous driving https://t.co/oO1K2G6WQj ...

Financial Data and Key Metrics Changes - The company reported an 89.5 combined ratio for Q3 2025, with a 10% premium growth and a 12% increase in policies in force compared to the previous year, equating to 4.2 million more policyholders or almost 7 million more vehicles [5] - Year-to-date, the combined ratio stands at 87.3 with a 13% premium growth and comprehensive income of $10 billion, which is over 30% ahead of 2024 [5] - The trailing 12-month comprehensive return on equity is reported at 37.1% [5] Business Line Data and Key Metrics Changes - The personal auto business in Florida has seen a significant impact from legislative changes, resulting in a decrease in average loss costs by 10% to 20% and a 60% reduction in the percentage of PIP claims that result in lawsuits [6][7] - The Florida auto business has grown more than 50% since 2022, with the company taking two rate reductions in the past year and planning another for December [8] Market Data and Key Metrics Changes - The competitive environment has intensified, with increased advertising spending and aggressive pricing strategies from competitors [19][45] - The company is focusing on growth in various states, with about 30 states identified for potential growth, including 20 in more stable markets and 13 in more volatile ones [24] Company Strategy and Development Direction - The company aims to grow its presence in the personal auto insurance market, particularly in Florida, while managing profitability to avoid excess profits [8] - A strategic focus on the Robinson's market, which represents a $230 billion addressable market, is highlighted as a key growth area [20] - The company is also exploring new product offerings and leveraging data analytics to enhance pricing accuracy and customer engagement [52][56] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the strong competitive environment but remains optimistic about growth opportunities, particularly in the context of legislative changes in Florida that have made insurance more affordable [19][20] - The company is monitoring the impact of tariffs on margins but currently does not foresee significant effects [25] - Management emphasizes the importance of maintaining a strong corporate culture and effective execution to navigate competitive pressures [46] Other Important Information - The company has a robust capital position and is considering share buybacks and dividends as part of its capital management strategy [34][81] - Legislative changes in Florida have had a profound impact on the insurance market, leading to more favorable conditions for consumers [30] Q&A Session Summary Question: Advertising Spend in Competitive Environment - Management monitors advertising efficiency and adjusts spending based on competition, maintaining a focus on cost per sale [11][12] Question: Competitive Environment and Growth Outlook - The competitive landscape has intensified, but the company is well-positioned to grow through strategic initiatives and market segmentation [19][20] Question: Premiums per Policy and Rate Reductions - Average written premium is affected by rate decreases, particularly in Florida, and management is closely monitoring the situation [28][29] Question: M&A Strategy - M&A is considered but is approached cautiously, focusing on cultural fit and strategic alignment with growth objectives [68][70] Question: Severity Trends in Auto Insurance - Severity trends are being monitored, with management indicating that they are in a better position than many competitors [86][88] Question: Telematics Usage - Telematics remains a key part of the company's strategy, with ongoing efforts to enhance data collection and usage for pricing accuracy [89][92]

Financial Data and Key Metrics Changes - The company reported an 89.5% combined ratio for Q3 2025, with a year-to-date combined ratio of 87.3% and a comprehensive income of $10 billion, which is over 30% ahead of 2024 [5][6] - Premium growth was 10% for the quarter and 13% year-to-date, with policies in force growth of 12%, equating to 4.2 million more policyholders [5][6] Business Line Data and Key Metrics Changes - The Florida auto business has grown significantly, now more than 50% larger than in 2022, attributed to legislative changes that have reduced average loss costs by 10% to 20% [6][8] - The company has implemented two rate reductions in Florida over the past year, with another planned for December [7][8] Market Data and Key Metrics Changes - The competitive environment has intensified, with increased advertising spending and pricing competition noted in the personal auto segment [19][45] - The company is focusing on expanding its market share in the Robinsons segment, which represents a $230 billion addressable market [20][24] Company Strategy and Development Direction - The company aims to manage profitability in Florida to avoid excess profits while continuing to grow its presence in the state [8] - A strategic focus on new business readiness growth is being employed, assessing adequate rate levels and market conditions to spur growth in approximately 30 states [22][24] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the strong competitive environment and the need to adapt advertising strategies accordingly [19][20] - The company is optimistic about growth opportunities, particularly in the Robinsons segment, and is prepared to adjust rates and marketing efforts based on market conditions [20][24] Other Important Information - The company has a robust capital position and is considering share buybacks and dividends as part of its capital management strategy [33][70] - Legislative changes in Florida have had a positive impact on the insurance market, leading to more affordable premiums for consumers [6][8] Q&A Session Summary Question: Advertising spend in a competitive environment - Management monitors advertising efficiency and adjusts spending based on competition, maintaining a focus on cost per sale [11][12] Question: Competitive environment and growth outlook - Management noted that competition has increased, but they are well-positioned to grow, particularly in the Robinsons segment [19][20] Question: Premiums per policy and Florida rate reductions - Average written premium is affected by rate decreases, and management is closely monitoring the situation in Florida [28][29] Question: M&A considerations - M&A is complex, and while the company is open to opportunities, it prioritizes organic growth and capital reinvestment [68][70] Question: Severity trends in auto insurance - Management indicated that severity trends are being monitored closely, with a focus on maintaining margins [86][88] Question: Telematics usage and maturity - Telematics remains a key part of the company's strategy, with ongoing efforts to increase consumer adoption and refine data usage [89][92]

“We have millions of cars that will be able to operate autonomously. It's a combination of a Tesla owned fleet and, also enabling, Tesla owners to be able to add or subtract their car to the fleet so that existing Tesla owners will be able to earn money by adding their car to the fleet for autonomous use."— Elon Musk ...