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Ross Gerber Casts Doubt on Tesla’s Full Self-Driving Capabilities Following JPMorgan Note: ‘As I’ve Suspected…’
benzinga_article·45 minutes ago
- Investor Ross Gerber expressed skepticism that Tesla Inc. can achieve unsupervised Full Self-Driving using its existing HW4 hardware. - Citing a JPMorgan investor note, Gerber noted that current Tesla vehicles may not reach level 3 to 5 autonomy, as future AI4.5 compute systems are designed for higher demands. - Tesla shares surged 0.70% to $347.53 during overnight trading following the reports.
TSLA-1.71%TSL-2.22%
Tesla Robotaxi gets a massive upgrade in Nevada
Teslarati·1 hour ago
- The Nevada Transportation Authority approved Tesla's full Autonomous Vehicle Network Company permit, allowing up to 5,000 driverless vehicles in Clark County. - This regulatory decision replaces an interim order that previously capped Tesla at 10 robotaxis on the Las Vegas Strip. - Commercial rides are expected to start within 30 days, pending vehicle inspections, insurance filings, and fare approval.
TSL-2.22%TSLA-1.71%
Big Tech Night Session Broadly Lower, Tesla Falls Nearly 2%, TSM Drops Over 1%
Movers Alert·2 hours ago
AAPL-1.75%AMZN-2.16%
Elon Musk Says SPCX Could Reach 10,000 Starship Launches Annually by 2030: ‘Still Tiny’ Compared With Air Travel
benzinga_article·2 hours ago
- Space Exploration Technologies Corp. CEO Elon Musk announced that the company targets achieving over 30 Starship launches per day by 2030, totaling approximately 10,000 annualized launches. - Musk noted that this scale remains minimal compared to daily commercial airplane flights while predicting that SpaceX and Tesla Inc. will exceed projected revenue growth by the end of the decade. - Additionally, Musk stated that SpaceX could attempt the first mid-air catch of an upper-stage rocket using its tower infrastructure during Starship flight 14.
TSL-2.22%SPCX-4.05%
Tesla discontinues its Solar Roof tiles, not economically viable
Electrek·3 hours ago
- Tesla has officially discontinued its Solar Roof tile product according to industry sources. - The company informed third-party installers that it will only supply conventional solar panels moving forward. - Internal conclusions at Tesla determined that the solar roof tiles were not financially viable.
TSLA-1.71%TSLG-3.28%
Big Tech Night Session Mixed, Tesla Falls Nearly 2%, Apple Edges Up 0.16%
Movers Alert·5 hours ago
AAPL-1.75%AMZN-2.16%
Tesla, Uber, and Waymo all get the OK to operate thousands of robotaxis in Nevada
TechCrunch·6 hours ago
- The Nevada Transportation Authority unanimously approved permits allowing Tesla, Uber, and Waymo to operate up to 8,000 commercial robotaxis in Clark County over the next 12 months. - Tesla received approval for up to 5,000 vehicles, while Waymo and Uber were each approved for 1,000 autonomous vehicles. - This rapid deployment is expected to transform local transportation and workforce dynamics, while drawing opposition from traditional taxi operators concerned about roadway congestion and market oversaturation.
TSL-2.22%UBER+0.65%
Big Tech Night Session Mixed, Tesla Falls Nearly 2%, Google Down Over 1%
Movers Alert·8 hours ago
AAPL-1.75%AMZN-2.16%
JPMorgan Hints At Another Delay For Tesla Optimus Release
Unusual Whales·10 hours ago
TSLA-1.71%TSL-2.22%
Treasury Yields Drag Wall Street Lower; Walmart Plunges Over 8%
Market Pulse·10 hours ago
- On August 20, US stocks closed lower across the board as rising Treasury yields pressured the market, with the S&P 500 down about 0.5 %, the Nasdaq down about 0.9 %, and the Dow down about 0.9 %. - Walmart plummeted over 8 % due to a lower-than-expected profit outlook, while the energy sector bucked the trend to lead gains. - Major technology stocks generally weakened, and corporate earnings reports showed varying performances driven by AI investments and macroeconomic data.
WMT-9.15%BABA+1.26%
Tesla confirms Semi electric truck is coming to Europe, reveal at IAA
Electrek·10 hours ago
- Tesla confirmed that its Semi electric truck is coming to Europe with specifications and launch details to be revealed at the IAA Transportation show in Hannover, Germany. - The company will display a Semi at the event running from September 15 to 20 while currently withholding specific European range figures, pricing, and on-sale dates. - This announcement marks the clearest signal yet of Tesla establishing an actual commercial market plan for the European region.
TSLA-1.71%TSL-2.22%
Big Tech Stocks Fall in Post-Market Session, Tesla Down Nearly 2%, Google Slides Over 1%
Movers Alert·11 hours ago
AAPL-1.75%AMZN-2.16%
Tesla says FSD v15 is a ‘step-change,’ Optimus sells in 2027
Electrek·11 hours ago
- Tesla outlined an updated timeline for its Full Self-Driving technology, Cybercab, and Optimus robot during a meeting with JPMorgan at the Fremont factory. - The company claimed that FSD v15 represents a major step-change utilizing seven core technologies, with the current HW4 computer capable of supporting unsupervised driving. - Tesla also stated that the Optimus robot could potentially go on sale to external buyers as early as the second half of 2027.
TSL-2.22%TSLA-1.71%
Large Cap Stocks To Follow Now - August 20th
Market Beat·12 hours ago
- MarketBeat's stock screener has identified Micron Technology, Invesco QQQ, SanDisk, SpaceX, NVIDIA, Tesla, and Moderna as the 7 large cap stocks with the highest dollar trading volume to watch. - These large cap companies are valued at 10 billion dollars or more and are viewed by investors as more established and potentially less volatile than smaller firms. - The featured large cap equities span key sectors including memory and storage products, index tracking funds, space technology, artificial intelligence computing, electric vehicles, and biotechnology.
MRNA-23.55%TSL-2.22%
Walmart's Outlook Signals Cautious Spending Ahead; Treasury Euphoria Fades; Samsung Soars; Bitcoin Shorts Crushed
benzinga_article·13 hours ago
- Walmart’s Q3 EPS projection missing consensus at $0.62 to $0.64 reflects a weakening U.S. consumer and puts pressure on the stock market. - Rising yields from fading Treasury euphoria, increasing oil prices, and mixed money flows across Magnificent Seven stocks also create market headwinds. - Meanwhile, South Korean chip stocks surged on return program speculations, and Bitcoin experienced a short squeeze following recent political and Treasury announcements.
TSL-2.22%AMZN-2.16%