autonomous vehicles

Pony AI (NASDAQ:PONY) CEO James Peng emphasized the company’s strategic focus on supply chain diversification and international market expansion following its Nasdaq debut, as the autonomous driving technology firm navigates ongoing U.S.-China tensions. What Happened: “For us, it’...

Elon Musk’s Tesla Inc. (NASDAQ:TSLA) is actively recruiting software engineers to enhance its teleoperation capabilities for robotaxis and the Optimus robot. What Happened: The initiative, spearheaded by Tesla AI's Teleoperation team, focuses on developing low-latency, reliable data...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Thursday tempered down customer expectations of purchasing the company’s dedicated robotaxi offering – the Cybercab – and its humanoid robot called Optimus for about $30,000 each, saying it would be possible only on the “long-term....

Uber Technologies Inc (NYSE:UBER) reportedly plans to invest in autonomous driving firm Pony AI‘s initial public offering in the U.S. What Happened: Uber is looking to buy over $10 million of shares in the IPO, Bloomberg reported, citing people familiar with the matter. However, the...

The future of Tesla Inc (NASDAQ:TSLA) could be decided by autonomous vehicles with the company betting aggressively on the future of its robotaxis. After once threatening to ban autonomous vehicles in America, President-elect Donald Trump may be having a change of heart, bringing music to the ears...

Tesla Inc (NASDAQ:TSLA) analysts Tom Narayan and Brad Erickson highlight the company's potential with FSD and robotaxis and also share thoughts on whether the electric vehicle giant could work with Uber Technologies (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) instead of competing against them. Tesla FSD...

General Motors’ (NYSE:GM) autonomous driving unit Cruise has agreed to a payment of $500,000 in criminal fines for providing a false record to the National Highway Traffic Safety Administration (NHTSA) regarding a crash in San Francisco involving one of its autonomous vehicles, the Justice...

Tesla Inc (NASDAQ:TSLA) has soared since Donald Trump won the 2024 presidential election and Benzinga readers think that the momentum could carry into 2025 for the electric vehicle company. What Happened: Tesla CEO Elon Musk endorsed Trump for president in the 2024 election and helped campaign for...

Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo said on Tuesday that it has opened autonomous rides to everyone in Los Angeles. What Happened: Waymo commenced commercial operations in Los Angeles earlier this year. However, rides then were limited to the nearly 300,000 riders who signed up...

Uber's rival ride-hailing platform, Lyft Inc. (NASDAQ:LYFT) said on Wednesday that it has partnered with Intel Corp.-owned (NASDAQ:INTC) Mobileye, and May Mobility to provide autonomous vehicle rides to its customers. What Happened: As part of Lyft’s partnership with Intel-owned Mobileye, the...

Pittsburgh-based autonomous vehicle technology startup Aurora Innovation Inc. (NASDAQ:AUR) said earlier this week that it is now looking to deploy its autonomous trucks in commercial operations in April 2025, later than expected, as it needs more time to validate the safety of its autonomous...

Tesla Inc.’s (NASDAQ:TSLA) cost of making the entire Cybercab will roughly equal Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo‘s cost for installing lidar sensors on its robotaxis, according to Ark Invest analyst Brett Winton. What Happened: The cost of manufacturing the...

Zoox co-founder Jesse Levinson on Wednesday dismissed the possibility of Tesla Inc (NASDAQ:TSLA) deploying autonomous vehicles without safety drivers in California next year, alleging that the EV giant lacks a technology that works. What Happened: Tesla is faced with a lot of regulatory hurdles...

Robotaxi operator Waymo is now serving over 150,000 paid rides every week, Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai said on Tuesday. What Happened: In the second half of August, Waymo co-CEO Tekedra Mawakana revealed that the company is now providing over 100,000 paid...

ARK Investment Management said on Monday that Tesla Inc.’s (NASDAQ:TSLA) driverless ride-hailing plans could unlock $11 trillion in revenue potential, exceeding the total addressable market that ride-hailing companies Uber Technologies Inc. (NYSE:UBER) and LYFT Inc. (NASDAQ:LYFT) target today...