A very serious situation here. A number of complaints to the National Highway Traffic Safety Administration. How big of a deal is this for Tesla.It seems to have a cult following as a, you know, for vehicles and for owners. The idea of this risk, how big of a deal is it. >> Well, look, you know, every accident is regrettable and tragic.But I will say that number one, what you pointed to, there are emergency backup systems and there are ways to manually open the vehicles, both the front and back door. from w ...

Gary, your timing is always impeccable. You just had these headlines drop, my friend. Ford taking a $19.5% billion charge to write down EV investments, at least initially here.I see the stock popping about one and a half% here in the after hours. What is your immediate response reaction to that news, Garrett. >> Sure.Thanks for having me. I think the only thing that's really surprising is the magnitude. The 19.5% billion is is larger than we would expect.Um, I think uh it was said 8 billion of that was was ...

Hello and welcome to market domination. I'm Josh Lipton live from our New York headquarters that just now go to the closing bell and stocks. Well, let's take a look at the popular averages.The Dow, the S&P 500, they're both basically flat right here. Tech heavy NASDAQ in the red. It's down about 4/10en of a percent.Let's welcome in Jared Blickery to bring us to break down all the headlines. Jared, what are you seeing in the markets. >> Bit of red right now. A little bit of green.We'll get into that. But in ...

Core Viewpoint - Amazon is officially entering the robo taxi market with its self-driving unit Zuks launching in Las Vegas, marking a significant move into the autonomous vehicle sector [1][2]. Company Developments - Zuks is offering free rides on the Las Vegas Strip to build familiarity before launching paid services, showcasing a purpose-built robo taxi that lacks a steering wheel and pedals [2]. - This launch positions Amazon alongside major players like Alphabet and Tesla in the rapidly growing autonomous vehicle market [2][6]. - Amazon's entry is seen as a long-term strategy, emphasizing the importance of financial resources, patience, and platform reach over immediate revenue [6]. Industry Trends - Whimo, a competitor, has seen its fleet triple in San Francisco and reports high demand for driverless cars, indicating a growing acceptance of autonomous vehicles [3]. - Consumers are reportedly willing to pay a premium for driverless services, with Whimo's operations demonstrating significant market traction [3][4]. - Tesla's approach remains limited to geo-fenced areas with human supervision, while Zuks and Whimo utilize LiDAR technology, which has become more affordable [5][8]. Competitive Landscape - Whimo has been operational for five years, gaining a competitive edge by overcoming regulatory hurdles and technical challenges, which Amazon is now leveraging [8][9]. - Tesla's current offerings are still based on modified Model 3 vehicles, highlighting the difference in approach between Tesla and newer entrants like Zuks [9].