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Top Fund Manager Says Doubting Uber's Driverless Future Is 'Like Betting Against Amazon'
Friday, January 31, 2025 - 7:19am | 626The Future Fund Managing Partner Gary Black sees Uber Technologies (NYSE:UBER) continuing to be the largest ride-hailing player globally in the future if it offers autonomous rides as well. What Happened: Black said in a post on social media platform X that he expects Uber will offer autonomous...
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Elon Musk Brushes Aside Concerns On Trump's EV Policies: 'Sustainable Transport Is Inevitable … It Can't Be Stopped'
Thursday, January 30, 2025 - 7:21pm | 912Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has turned increasingly political in recent years, a move that may have hurt the brand value of the electric vehicle company. While Musk is OK with supporting President Donald Trump and the end of the $7,500 federal tax credit, the billionaire also has his eyes...
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Tesla Q4 Earnings Preview: 2025 Delivery Growth, FSD, Model Y Refresh, New Vehicles Among Key Topics
Tuesday, January 28, 2025 - 6:05pm | 1076Electric vehicle company Tesla Inc (NASDAQ:TSLA) is likely to put an emphasis on future new models and technology progress for autonomous vehicles when the company reports fourth-quarter financial results after market close Wednesday. Earnings Estimates: Analysts expect Tesla to report fourth-...
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Amazon's Zoox Eyes Joining Leagues Of Waymo In 2025, To Offer Rides To Public 'Quite Soon'
Tuesday, January 21, 2025 - 6:14am | 652Amazon.com Inc.’s (NASDAQ:AMZN) autonomous driving unit Zoox is reportedly looking to begin offering rides to the public “quite soon.” What Happened: Zoox co-founder Jesse Levinson told CNBC that the company intends to offer rides to the public and significantly grow its fleet of...
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NHTSA Opens Probe Into Nearly 878,000 GM Vehicles Over Engine Failure Concerns Days After Closing Investigation Into Its Cruise AVs
Monday, January 20, 2025 - 7:04am | 342The National Highway Traffic Safety Administration (NHTSA) said on Wednesday that it has opened a probe into about 878,000 General Motors Co. (NYSE:GM) vehicles equipped with the L87 V8 engine over engine failure concerns. What Happened: The auto safety regulator stated that it had received 39...
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Nvidia Executive Contrasts Elon Musk's Optimism On Fully Autonomous Cars, Says Milestone Won't Be Achieved Until Next Decade: 'It's Super Hard'
Monday, January 20, 2025 - 1:31am | 564Autonomous vehicles won’t be ready for widespread deployment until “well into the next decade,” according to NVIDIA Corp. (NASDAQ:NVDA) automotive chief Ali Kani, even as major tech companies accelerate their investments in self-driving technology. What Happened: The cautionary...
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NHTSA Closes Safety Probe Into GM Cruise Robotaxis Weeks After It Ceased Operations
Thursday, January 16, 2025 - 2:45am | 518The National Highway Traffic Safety Administration (NHTSA) said on Wednesday that it has closed its one-year-old probe into General Motors Co.’s (NYSE:GM) Cruise robotaxis in light of the company ceasing business operations. What Happened: The NHTSA commenced a probe into Cruise robotaxis in...
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Uber, Nvidia Partnership To Unlock Value By Leveraging AI To Advance Ridesharing, Autonomous Tech: Analyst
Wednesday, January 8, 2025 - 1:39pm | 748BofA Securities analyst Justin Post maintained a Buy rating on Uber Technologies Inc (NYSE:UBER) with a price target of $96 after the ride-hailing giant announced a partnership with NVDIA Corp (NASDAQ:NVDA) to collaborate on autonomous vehicle enablement. The price target reflects a 20 times 2026E...
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Nvidia Supercomputer, Operating System To Power Toyota's Next-Gen Vehicles
Tuesday, January 7, 2025 - 2:34am | 466Japanese automaker Toyota Motor (NYSE:TM) will use Nvidia Corp (NASDAQ:NVDA) Drive AGX Orin supercomputer and operating system for advanced driver assistance features on its next-generation models, the chipmaker said on Monday. What Happened: In his keynote speech at CES 2025, the annual tech...
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Tesla Stock 'Well Positioned To Deliver Robust Multi-Year Growth': Why Analyst Is Raising Price Target After Deliveries Miss
Monday, January 6, 2025 - 6:11pm | 489A Tesla Inc (NASDAQ:TSLA) analyst sees upcoming revamped and new vehicle models helping to boost sales along with Full Self-Driving licensing potential, brushing aside the company's recent fourth-quarter delivery miss. The Tesla Analyst: Tesla analyst Stephen Gengaro reiterated a Buy rating on...
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AMD, StradVision Team Up To Boost Driver Assistance Systems For Autonomous Cars
Monday, January 6, 2025 - 11:11am | 570StradVision, an artificial intelligence-based vision perception technology company, tapped Advanced Micro Devices, Inc (NASDAQ:AMD) to combine the former’s 3D Perception SVNet with AMD’s processing technology. The goal is to deliver high-performance perception solutions for automated...
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Uber CEO Dara Khosrowshahi Resigns From Board Of Autonomous Vehicle Tech Company Aurora
Saturday, January 4, 2025 - 1:04am | 439Uber Technologies (NYSE:UBER) CEO Dara Khosrowshahi resigned from the board of autonomous vehicle technology company Aurora Innovation (NASDAQ:AUR), effective Dec. 31, the latter said in a regulatory filing dated Friday. What Happened: The resignation was not a result of any disagreement...
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Tesla Analyst Says FSD Test Drive Shows Imperfections, 'Not Ready For Prime Time Yet'
Thursday, January 2, 2025 - 2:34pm | 487A fourth test of full self-driving from Tesla Inc (NASDAQ:TSLA) left an analyst cautiously optimistic for the company's future in a continued series of reviews of the company's self-driving technology. The Tesla Analyst: Truist analyst William Stein maintained a Hold rating on Tesla with a $360...
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Elon Musk's Robotaxi Ambitions Are Sending TSLA Stock Soaring: Could Tesla Have More Cybercab Models Planned For 2025?
Friday, December 20, 2024 - 4:20am | 770In a recent presentation at the Petersen Automotive Museum on Tuesday, Tesla Inc.'s (NASDAQ:TSLA) chief designer Franz von Holzhausen hinted at the possibility of introducing new vehicle forms for the company’s robotaxi lineup. What Happened: Von Holzhausen's cryptic comment suggests that...
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Tesla Reportedly In Talks With Austin To Bring Autonomous Vehicles To Texas Roads: Elon Musk-Led EV Giant Rises 3% In Pre Market
Thursday, December 19, 2024 - 8:35am | 486Tesla Inc. (NASDAQ:TSLA) is reportedly in early discussions with officials of the city of Austin, Texas, to roll out its autonomous vehicles for testing as early as 2025. What Happened: Elon Musk-led Tesla's driverless vehicle ambitions could get a boost if its discussions with Austin City bear...