Key Points At a $2 trillion market cap, with the current share count, Tesla's stock price would be around $627. One exciting growth initiative has analysts excited. These 10 stocks could mint the next wave of millionaires › According to Dan Ives -- a popular sell-side analyst on Wall Street -- Tesla (NASDAQ: TSLA) will become a $2 trillion business by the end of 2026. That market cap roughly translates to a stock price of around $627 given the company's current shares. That's 44% higher than the st ...

Tesla TodayTSLATesla$433.50 -0.72 (-0.16%) 52-Week Range$212.11▼$488.54P/E Ratio250.85Price Target$326.74Add to WatchlistShares of Tesla Inc. NASDAQ: TSLA opened this week around the $430 mark, continuing a remarkable run that has seen them more than double in value since April. The stock is at its highest level since December last year, fueled by renewed optimism around growth drivers such as autonomous driving and robotics.  But after such a rapid ascent, October’s earnings report could not be more criti ...

Core Viewpoint - Tesla's stock has surged over 29% in a month, driven by positive developments despite challenges such as lower deliveries and increased competition [1] Group 1: CEO Actions and Market Sentiment - CEO Elon Musk's $1 billion purchase of Tesla shares has bolstered market confidence, signaling that he believes the stock is undervalued [2] - Musk's new compensation proposal ties his rewards to Tesla's growth milestones, aligning his financial incentives with long-term shareholder value [4] Group 2: Growth Initiatives - Tesla has launched its robotaxi service and received approval for a semiautonomous ride-hailing service in Arizona, indicating potential for significant growth in autonomous transportation [5] - The company is viewed as a leader not only in electric vehicles but also in artificial intelligence, autonomous mobility, and robotics, contributing to a 75% stock increase over the past year [6] Group 3: Demand Generation and Innovation - Tesla maintains strong demand through continuous enhancements in vehicle performance and advanced AI features, such as Full Self-Driving (FSD), which could expand its market significantly [7]

Key Takeaways Tesla launched robotaxi rides in Austin in June and quickly expanded to California, Nevada and Arizona.While safety monitors are in place, progress toward Musk's bold autonomous vehicle vision is moving well.Tesla links Musk's $1T pay package to milestones including 10M FSD subscriptions and 1M robotaxis in use.It has been three months since Tesla (TSLA) officially rolled out its robotaxi service, and the company is making good progress in expanding its footprint. The services were first intro ...

Group 1 - Lyft shares increased by as much as 14%, reaching a three-year high after announcing a partnership with Waymo [1][2] - The partnership will introduce Waymo's robotaxi service to Nashville, expanding its existing services in several major cities [2] - Lyft will be responsible for vehicle maintenance, infrastructure, and depot operations as part of the agreement [2] Group 2 - Lyft's stock has risen significantly since its second quarter earnings report in August, despite missing revenue and earnings expectations [5] - The company reported $4.5 billion in gross bookings, marking a 12% year-over-year increase [5] - Waymo aims to expand its autonomous ride services to additional cities, with plans to offer around one million rides per week by the end of next year [5]

Group 1 - Lyft shares surged after Waymo, a subsidiary of Alphabet, announced an expanded partnership to introduce robotaxi services in Nashville starting next year, while Uber's shares declined [3] - U.S.-listed shares of Alibaba increased following reports that China Unicom will purchase its artificial intelligence semiconductors [3] - Workday's stock was the best performer in the S&P 500 after Elliott Investment Management disclosed a stake of over $2 billion and praised the company's management strategy [2][5] Group 2 - Nvidia shares fell after reports indicated that China has blocked the sale of its AI chips to local tech companies, impacting other chipmakers and AI-related stocks like Broadcom, Oracle, and Palantir [4][5] - Major U.S. equity indexes showed mixed performance ahead of a crucial Federal Reserve interest rate decision, with the Dow rising while the S&P 500 and Nasdaq experienced declines [2][5] - Oil and gold futures saw slight decreases, while the yield on the 10-year Treasury note remained stable [4]

Waymo is tapping an old partner, Lyft, to launch a robotaxi service in Nashville. https://t.co/ufSDLtCnba ...

Core Insights - Waymo has partnered with Lyft to launch a robotaxi service in Nashville by 2026, with testing of all-electric autonomous Jaguar I-Pace vehicles starting soon and public access expected next year [1][2] Expansion Plans - This partnership marks Waymo's continued expansion of its robotaxi services beyond Phoenix to cities including Atlanta, Austin, Los Angeles, and San Francisco, with future plans for Miami, Washington D.C., Dallas, and Denver [2] Operational Model - The agreement reflects Waymo's strategy to transition from being a sole operator to an autonomous vehicle technology provider, as seen in its previous collaborations with Uber in Atlanta and Austin, where Waymo handled vehicle testing and support while Uber managed fleet services [3] Fleet Management - In the Nashville partnership, Lyft will manage fleet services, including vehicle maintenance and infrastructure, through its subsidiary Flexdrive, and is investing in a dedicated AV facility [4] Customer Access - Unlike the Uber partnership, Nashville robotaxi customers will have two options to access rides: directly through the Waymo app initially, and later through the Lyft app as the service expands [5][6] Previous Collaborations - Waymo and Lyft have collaborated before, notably in 2019, when they integrated a limited number of self-driving vehicles into Lyft's network in Phoenix as part of Waymo's commercial robotaxi service ramp-up [8]

Core Viewpoint - Tesla's stock has seen significant volatility, but recent developments, particularly CEO Elon Musk's stock purchase and the launch of the robotaxi service, have reignited investor excitement [1][2]. Group 1: Stock Performance and Investor Sentiment - Tesla's stock experienced a remarkable comeback, gaining 76% since early April, largely driven by excitement surrounding the company's robotaxi service [2]. - Musk's recent purchase of over 2.5 million shares, valued at nearly $1 billion, has further fueled investor enthusiasm, suggesting confidence in Tesla's future [8]. - The stock's current valuation is high, trading at 237 times earnings and 169 times next year's expected earnings, indicating a risky investment environment [11]. Group 2: Robotaxi Service Launch - Tesla officially launched its robotaxi service on June 22, with a pilot program currently in operation using 10 to 20 Model Ys [4][5]. - The company aims for "open access" to the robotaxi service by September, which could significantly impact its market position [5]. - Cathie Wood of Ark Invest estimates that by 2030, Tesla could control 50% of the global robotaxi market, potentially leading to substantial growth [6]. Group 3: Financial Targets and Incentives - Tesla's Board of Directors proposed a $900 billion incentive package for Musk, contingent on achieving a market cap of $2 trillion and eventually $8.5 trillion, alongside significant increases in operating profits [7]. - The company's auto sales revenue fell 16% to $16.7 billion in the second quarter, marking the third consecutive quarter of year-over-year declines, which raises concerns about its core business [10].

Waymo partners with Uber to bring robotaxi service to Atlanta and Austin.Alphabet-owned Waymo obtained a permit to start testing its robotaxis at San Francisco International Airport, San Francisco Mayor Daniel Lurie and the company announced on Tuesday.Waymo will partner with the airport to roll out its commercial robotaxi service in phases, "beginning with employee testing soon ahead of welcoming Bay Area riders," company spokesperson Chris Bonelli told CNBC.That means the robotaxis will start with human d ...