Tesla (TSLA) has made a phenomenal turnaround this year as share prices have recovered from the early-year drastic lows and scaled new year-to-date (YTD) highs of more than $435. The turnaround had been prompted by excitement for the company's new robotaxi service it unveiled for Austin, the foray into lower-cost EV markets, and the company's larger plans for artificial intelligence (AI) and energy storage. At the same time, Tesla's surge comes against the backdrop of a challenging macro environment of sh ...

Investors with a lot of money to spend have taken a bullish stance on Tesla TSLA.And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TSLA, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 513 uncommo ...

Google’s Waymo plans to launch its robotaxi service in Nashville in a partnership with Lyft starting next year, the two companies said Wednesday. https://t.co/iq9MoQuAFF ...

Core Insights - Lyft Inc. is partnering with Waymo to launch a robotaxi service in Nashville starting next year, enhancing its competitive position against Uber Technologies Inc. [1][2] - Waymo has been testing in Nashville since March and plans to initiate fully autonomous operations soon, with public rides available next year through its app and later on Lyft's platform [2][5] - Lyft's stock surged by 16% following the announcement, reaching its highest level since 2022, while Uber's stock fell by 5.3% [2] Partnership Details - Flexdrive, Lyft's fleet management subsidiary, will manage vehicle maintenance and operations for Waymo's vehicles in Nashville, and will also build a fleet management facility [3][7] - Waymo has not disclosed pricing for rides in Nashville or whether fares will differ between its app and Lyft's platform [4] - This partnership marks Lyft's first collaboration with Waymo, while Waymo has an existing partnership with Uber [5] Strategic Moves - Lyft is actively pursuing partnerships to enhance its autonomous vehicle offerings, including agreements with May Mobility, Mobileye Global Inc., and Baidu Inc. [6] - Lyft's executives emphasize the company's role in the future of autonomous vehicles, leveraging its operational expertise through Flexdrive [7] - To finance new facilities, Lyft plans to reallocate capital from its Flexdrive rental locations to support autonomous vehicle rollouts, maintaining its overall strategy [8] Waymo's Operations - Waymo is currently providing hundreds of thousands of fully autonomous trips weekly across five major U.S. cities, employing a varied approach in each market [9] - Waymo is open to expanding its partnership with Lyft in other markets following the Nashville launch [10]

Lyft (LYFT) stock surged 13% Wednesday after the company announced a partnership with Alphabet’s (GOOG) self-driving Waymo service to roll out an autonomous ride-hailing service in Nashville next year. Riders can initially hail driverless cars through the Waymo app, with plans to integrate the fleet into Lyft’s platform later in 2026. The collaboration is significant given that Waymo also has deals in place with Lyft's rival Uber (UBER) for its robotaxis in Atlanta and Austin. Uber shares were down about ...

Core Viewpoint - Lyft's stock surged approximately 11% following the announcement of a partnership with Waymo to launch an autonomous ride-hailing service in Nashville next year [1][6]. Company Developments - The initial phase allows riders to hail driverless cars through the Waymo app, with plans to integrate the fleet into Lyft's platform by 2026 [2]. - This partnership is crucial as Waymo has existing agreements with Uber for robotaxi services in Atlanta and Austin, which may intensify competition in the market [2]. - Lyft's stock has increased by 70% year-to-date, compared to Uber's 48% rise, although Uber's market capitalization stands at $195 billion, significantly larger than Lyft's $9 billion valuation [5]. Industry Insights - The robotaxi market is rapidly evolving, with Tesla testing services in Austin and plans for expansion, while Amazon-backed Zoox is conducting limited tests in San Francisco and Las Vegas [3]. - Waymo is currently leading the robotaxi sector, offering paid rides in multiple cities including San Francisco, Phoenix, Los Angeles, and Austin [3]. - Goldman Sachs estimates the traditional ride-hailing market in the US is valued at approximately $58 billion, with projections suggesting it could exceed $330 billion by 2030, driven by robotaxi services [4]. Analyst Perspectives - Analysts express cautious optimism regarding Lyft's partnership with Waymo, viewing it as a strategic move to enhance competitiveness without the burden of developing autonomous technology in-house [5]. - Evercore ISI analyst Mark Mahaney highlighted the importance of Lyft sustaining top-line growth while improving profitability, maintaining an "In Line" rating on the stock [5].

Group 1 - Lucid Group's shares trade at a price to sales ratio of 6, which is higher than Rivian's 3, indicating a 50% discount for Rivian [1] - Analysts expect Lucid to grow sales by around 62% this fiscal year, significantly outpacing Rivian's 6.2% and Tesla's expected sales decline of 5% [3][4] - Lucid's forward price to sales ratio is 4.3, which is a notable discount to Tesla's 12 and only a slight premium to Rivian's 3.2 [3] Group 2 - Lucid has formed a partnership with Uber Technologies, which includes a $300 million investment and a large vehicle order for Uber's self-driving taxi service [6] - Tesla maintains a lead in the self-driving taxi market, owning its business, while Lucid will supply vehicles to Uber, potentially giving Lucid a higher long-term growth ceiling [7]

🚨 Lyft is teaming up with Waymo to launch Robotaxi service in Nashville next year, 2026Waymo will launch fully autonomous operations in the Tennessee capital in the coming months. The rides will open to the public next year, first through the Waymo app and then on Lyft’s platform later in 2026. Shares of Lyft jumped 29% in premarket trading, while Uber’s stock fell 4%.Flexdrive, Lyft’s fleet management subsidiary, will provide vehicle maintenance, infrastructure and depot operations for Waymo’s vehicles in ...

Lyft is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber https://t.co/b6BhgAzCe8 ...

Group 1 - Pony AI's shares increased by as much as 12% in early trading, settling at a 10% rise by midday, despite no clear news driving this movement [1] - The company claims to be a global leader in the commercialization of autonomous mobility, although this designation appears relative [3] - Pony AI has a market capitalization exceeding $5 billion but reported revenues of less than $86 million over the past year, resulting in losses of nearly $320 million [4] Group 2 - Revenue growth for Pony AI has been slow, with only a 25% increase over the last two and a half years, translating to less than 10% annual growth [4] - The company's losses have more than doubled during the same period [5] - Pony AI recently announced a partnership with Qatar's largest transportation provider, Karwa, to launch a robotaxi service, which is currently being tested in Doha [6] Group 3 - Pony AI has approximately $600 million in cash and a cash burn rate of $140 million per year, giving it about four years to achieve profitability [7] - Analysts from The Motley Fool Stock Advisor have identified ten stocks they believe are better investment opportunities than Pony AI [8][10]