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Weekend Round-Up: Pony AI's Earnings, Ferrari's Auction, Tesla's Recall, Waymo's Expansion and Tesla's Cybercab
benzinga_article·1 hour ago
- Pony AI reported a Q2 revenue increase of 68.8% YoY to $36.22 million, while Ferrari auctioned its first Luce EV for $40 million. - Tesla initiated its largest recall in China for nearly 2.98 million vehicles and focused on scaling its Cybercab operations. - Alphabet's Waymo received approval to expand its autonomous ride-hailing service across multiple regions in California.
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TSLA stock at $362.14 approaches key $370 mark, MACD suggests possible stall. $370.34 breakout crucial.
Unusual Whales·18 hours ago
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Promising Electric Vehicle Stocks To Add to Your Watchlist - August 22nd
Market Beat·21 hours ago
- MarketBeat identified seven electric vehicle stocks with the highest dollar trading volume to watch, including Tesla, Rivian Automotive, QuantumScape, BorgWarner, XPENG, NIO, and Shoals Technologies Group. - These publicly traded companies operate across various sectors of the electric vehicle industry, ranging from manufacturing consumer vehicles and developing solid-state batteries to providing electrical balance of system solutions. - Investing in these electric vehicle stocks presents potential growth opportunities tied to increased adoption, alongside inherent risks such as market volatility, supply-chain challenges, and regulatory pressures.
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Tesla's Model Y L Is Coming to America. Will It Reignite Sales Growth?
Motley Fool·22 hours ago
- Tesla is introducing the updated Model Y L to the United States market following strong demand in other regions like Australia and New Zealand. - The Model Y L features a third-row seat and a larger battery, which could help maintain sales volumes despite production halts for older models like the Model S and Model X. - While the new vehicle is unlikely to trigger massive overall sales growth due to its high price and Tesla's existing market share, it supports the company's broader strategic transition toward humanoid robots and autonomous technology.
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Tesla Cybercab launch gets official date in Austin with dedicated event
Teslarati·1 day ago, 09:12 AM
- Tesla will officially launch its autonomous Cybercab with a dedicated event in Austin, Texas, on September 3, 2026. - The two-seat vehicle features no steering wheel or pedals and is designed for fully autonomous passenger transport within the company's Robotaxi fleet. - This launch marks a significant milestone in Tesla's autonomy strategy, following previous employee rides and expanding on its self-driving technology development.
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Key facts: Tesla, Inc. China recall 2.98M; AI/HW4/AI4.5; 5k robotaxis
TradingView·1 day ago, 02:14 AM
- Tesla recalled approximately 2.98 million vehicles in China for emergency door release issues and issued an over-the-air update for about 2.74 million vehicles. - Reports indicate Tesla's current AI/HW4 stack supports FSD, with a higher-capacity AI4.5 compute upgrade planned for future workloads. - Nevada approved permits for Tesla to deploy up to 5,000 robotaxis in Las Vegas, while the company also shifted its solar product offerings from Solar Roof tiles to conventional solar panels.
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Weekly Recap | Tesla +6.02%, Robotaxi approval sparks rally
Weekly Review·1 day ago, 12:53 AM
- Tesla shares rose 6.02 % to close at 362.86 USD this week, outperforming the S & P 500 index. - Key events included Nevada approving the deployment of 5,000 Robotaxi units, the discontinuation of Solar Roof, and a massive recall in China affecting over 2 million vehicles. - Institutional consensus remains a buy with a target price of 390.09 USD, while future performance depends on Robotaxi commercialization and sales stability.
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Big Tech Night Session Mixed: TSLA Up Nearly 5%, AMZN Down Nearly 1%
Movers Alert·1 day ago, 08:47 PM
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Big Tech Night Session Mixed: Tesla Surges Nearly 5%, Google Up Over 1%
Movers Alert·1 day ago, 05:47 PM
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Top 5 US Stock Gainers/Losers (>100B) (8.21)
Top Gainers&Losers·1 day ago, 05:00 PM
- Major US stock indices recorded gains on August 21, with the Nasdaq and S&P 500 both rising 0.43% and the Dow Jones increasing by 0.98%. - Southern Copper and Freeport-McMoRan experienced significant gains of 8.69% and 7.64% respectively among mega-cap companies. - Alibaba dropped 8.57% with a trading volume of 3.93 billion dollars, while Marvell Technology declined by 5.57%.
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Tesla stock's jumps as the company gets ready for a robotaxi push
MarketWatch·1 day ago, 12:07 PM
- Tesla plans to launch its Cybercab in Austin, Texas, and received regulatory approval alongside Uber and Waymo to deploy thousands of robotaxis in Clark County, Nevada. - The Nevada Transportation Authority approved Tesla to deploy 5,000 self-driving vehicles, while Waymo and Uber can each deploy 1,000. - Following these developments, Tesla's stock rose 5% in midday trading on Friday.
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Tesla Stock: Robotaxi and Semi Will Test Its 292.5x Valuation
Tip Ranks·1 day ago, 03:31 PM
- Tesla is advancing its autonomous vehicle and electric truck businesses while supporting operations through strong Q2 2026 deliveries and energy storage revenue. - The company faces heavy capital spending that resulted in a negative free cash flow of $ 1.1 billion, alongside regulatory and safety challenges. - Wall Street maintains a Hold consensus rating on TSLA stock with an average price target of $ 385.04 per share.
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US Stocks Close: Dow Strongly Rebounds 500 Points; Financial and Gold Stocks Lead; SpaceX Rises 5%
TradingKey·1 day ago, 03:18 PM
- Driven by a strong August Composite PMI that eased economic cooling concerns, US stocks rebounded with all three major indexes rising. - Major corporate developments featured Broadcom discussing $70 billion to $80 billion in debt financing to support AI companies, and Apple cutting over 200 jobs to reallocate resources toward artificial intelligence. - Nvidia also advanced advanced talks to invest hundreds of millions of dollars in data center power developer Cloverleaf Infrastructure to secure AI infrastructure capacity.
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Big Tech Post-Market Mixed: Tesla Surges Nearly 6%, Google Up Over 1%
Movers Alert·1 day ago, 02:47 PM
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Podcast: Tesla kills Solar Roof, Cybercab launch, Genesis GV90, and more
Electrek·1 day ago, 02:32 PM
- The Electrek Podcast covers major developments in sustainable transport and energy, including Tesla and Genesis updates. - Key discussion topics feature Tesla ending the Solar Roof project, the upcoming Cybercab launch, and the Genesis GV90. - The weekly episode is sponsored by GM and streamed live on YouTube every Friday at 4 p.m. ET.
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