Workflow
Robotaxis
icon
Search documents
Here's Why I Wouldn't Touch Lucid With a 10-Foot Pole
The Motley Fool· 2025-12-25 13:45
Core Viewpoint - Lucid Group, an electric vehicle company, has faced significant challenges since going public in 2021, resulting in a substantial decline in stock value and ongoing financial difficulties [1][2]. Company Overview - Lucid Group went public through a SPAC merger in 2021 during a period of high valuations and abundant capital [1]. - The company has seen its stock decline by over 87% in the past five years, reflecting broader struggles in the EV market [2]. Financial Performance - Lucid reported a loss of $8.50 per diluted share through the first three quarters of 2025 [6]. - The company has a high cash burn rate and a considerable amount of debt, raising concerns about its financial stability [6]. Market Position and Challenges - Lucid's gross margin is reported at -9790.92%, indicating severe profitability issues [8]. - The company is facing challenges such as increased vehicle production costs due to tariffs and the elimination of the $7,500 EV tax credit, which is expected to negatively impact demand [5]. Production and Delivery Goals - Lucid aims to produce around 18,000 vehicles in the full year, having delivered nearly 10,500 vehicles so far, necessitating approximately 7,500 deliveries in the fourth quarter to meet its target [8]. - In the third quarter, Lucid delivered close to 4,100 vehicles, with an additional 1,000 vehicles produced for final assembly in Saudi Arabia [8]. Investment Considerations - Despite a $4 billion market cap, Lucid is viewed as having a high valuation, with investors betting on future growth in the EV market [9]. - Analysts express significant concerns regarding Lucid's ability to meet production guidance and the overall health of its balance sheet [8][9].
Elon Musk says he's making a 'joyful' edit to Tesla's master plan
Business Insider· 2025-12-25 13:16
Core Viewpoint - Elon Musk is changing Tesla's mission wording from "Sustainable Abundance" to "Amazing Abundance" to create a more joyful brand image [1][2]. Group 1: Mission Statement Changes - The new wording "Amazing Abundance" is intended to reflect a more joyful tone compared to the previous "Sustainable Abundance" [1]. - Tesla's actual mission statement remains "to accelerate the world's transition to sustainable energy," despite the changes in wording [2]. Group 2: Long-term Strategy and Criticism - The fourth edition of Tesla's "master plan," released in September, has been criticized for being lofty and vague, prompting Musk to acknowledge the need for more specifics [2]. - Musk's recent compensation package could be worth up to $1 trillion, contingent on Tesla delivering millions of vehicles and increasing its market value to $8.5 trillion over the next decade [3]. Group 3: Brand Image and Future Plans - The change in mission wording is not expected to indicate a radical shift in Tesla's direction but may suggest a desire for a lighter brand tone [4]. - Tesla did not provide comments regarding the mission wording change outside of normal business hours [4].
Uber Stock Gains As It Races With Lyft To Test Baidu's Robotaxis In London
Investors· 2025-12-22 13:31
©2025 Investor's Business Daily, LLC. All Rights Reserved. Terms of Use Privacy Notice Accessibility About Us Reviews Site Map Your Ad Choices Advertising Contact us IBD Stock Charts IBD Stock Checkup Stock Quotes Stock Market Today The Big Picture My Stock Lists IBD Live Leaderboard SwingTrader MarketSurge IBD Digital MarketDiem The Wall Street Journal Barron's MarketWatch Dow Jones Smart Money Connect With Us On stocks they discuss. We make no representations or warranties regarding the advisability of in ...
Power restored for about 110,000 customers in San Francisco after outage
The Economic Times· 2025-12-22 00:58
"Crews restored about 110,000 customers by 7:30 a.m. Sunday and are working to restore the power for around 21,000 who remain without electric service," the utility said, adding that there were ‌no injuries ‍to workers or members of the ‍public. The energy provider expects to restore all ‌remaining impacted customers by no later than 2 p.m. PT (2200 GMT), it added in an update. The outage caused traffic jams and forced some businesses to close temporarily. "A large power outage is impacting San Francisco - ...
X @Elon Musk
Elon Musk· 2025-12-21 16:12
Tesla Robotaxis were unaffected by the SF power outageMario Nawfal (@MarioNawfal):🇺🇸 SAN FRAN BLACKOUT – WAYMO FROZE, TESLA DROVEWaymo’s robotaxis got a little too real last night - by completely shutting down when San Francisco’s power outage knocked out traffic lights.Meanwhile, Teslas on FSD? Kept rolling. No drama, no headlines - just handling chaos https://t.co/8FinYpAOcB ...
X @TechCrunch
TechCrunch· 2025-12-21 15:50
Waymo suspends service in San Francisco as robotaxis stall during blackout https://t.co/4iFIHmQysX ...
Elon Musk Weighs In After 'Serial Google Hater' Drops $1 Million On Alphabet Stock: 'Hardware Is The End Game' - Alphabet (NASDAQ:GOOG), NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-12-19 07:02
Billionaire entrepreneur and Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, weighed in on a post praising Google-parent Alphabet Inc.’s (NASDAQ:GOOG) new hardware play, and the company’s reemergence as the dominant player in the ongoing AI race.Long-Time Google Critic Turns InvestorOn Thursday, in a post on X, serial AI entrepreneur and digital nomad Pieter Levels, who goes by the name Levelsio, announced that he had purchased over $1 million in Alphabet shares, after being “the biggest Google hater for years.”Le ...
X @Forbes
Forbes· 2025-12-18 03:17
Autonomous Driving Technology - Rivian will introduce hardware and software upgrades for autonomous driving in its midsize model starting in late 2026 [1] - The enhancements suggest potential future development of robotaxi services by Rivian [1]
Tesla Rally Signals a Bigger Investment Story: ETFs to Consider
ZACKS· 2025-12-17 17:36
Elon Musk looking to move Tesla’s identity beyond EVs may be precisely what the company and its investors need. Tesla (TSLA) shares struggled at the start of the year, weighed down by slowing EV sales and softening demand. However, the sentiment has since shifted sharply, with the stock recently closing at record highs as investors rally around Musk’s robotaxi vision.While investing in Tesla, shareholders are no longer betting solely on its EV business. They are buying into the company’s self-driving techno ...
X @Forbes
Forbes· 2025-12-17 15:11
Beginning in late 2026, Rivian will add an array of hardware and software enhancements to its midsize model for autonomous driving. Next up: Robotaxis?Read more: https://t.co/77DcOsybpB https://t.co/kuOXPQAnSs ...