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Tesla Cybercab launch gets official date in Austin with dedicated event
Teslarati·31 minutes ago
- 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·7 hours ago
- 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·8 hours ago
- 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·12 hours ago
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Big Tech Night Session Mixed: Tesla Surges Nearly 5%, Google Up Over 1%
Movers Alert·15 hours ago
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Top 5 US Stock Gainers/Losers (>100B) (8.21)
Top Gainers&Losers·16 hours ago
- 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·21 hours ago
- 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·18 hours ago
- 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·18 hours ago
- 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·18 hours ago
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Podcast: Tesla kills Solar Roof, Cybercab launch, Genesis GV90, and more
Electrek·19 hours ago
- 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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Tesla recalls 3 million vehicles in China over doorhandle safety, driver monitoring
CNBC·19 hours ago
- Tesla is voluntarily recalling approximately 3 million vehicles in China to address safety issues related to electronic doorhandles and driver monitoring systems. - The doorhandle recall affects Model 3, Model Y, Model S, and Model X vehicles produced or imported between March 4, 2019, and April 29, 2026, where severe collisions could cause low-voltage system failure and hinder emergency escapes. - The driver monitoring recall covers China-made Model 3 and Model Y vehicles manufactured between March 4, 2019, and December 7, 2025, prompting Tesla to provide free over-the-air software updates and in-cabin camera monitoring.
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Large Cap Stocks To Watch Now - August 21st
Market Beat·19 hours ago
- MarketBeat identified Invesco QQQ, Tesla, Micron Technology, NVIDIA, Moderna, Sandisk, and Apple as the top 7 large-cap stocks to watch due to their highest dollar trading volumes over several days. - Large-cap stocks generally represent established companies valued at $10 billion or more, offering financial stability and potentially lower volatility compared to smaller companies. - The highlighted companies span diverse sectors including index tracking, electric vehicles, semiconductor memory, graphics solutions, biotechnology, and consumer technology.
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Midday Markets: Crypto Stocks Surge as Bitcoin Tops $77K; Tesla Jumps Over 5% on Robotaxi Approval
Market Pulse·20 hours ago
- On August 21, US stocks traded higher with the Dow rising 0.81%, while Bitcoin surpassed 77 000 dollars and drove crypto-related stocks like Robinhood up over 14%. - Tesla shares climbed more than 5% as Nevada approved the deployment of up to 5 000 robotaxis and the company advanced its autonomous vehicle initiatives. - Meanwhile, the semiconductor sector fell 1.18% amid rising bond yields, while macroeconomic factors and debt concerns also influenced market movements.
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Tesla recalls 3 million cars as part of China-wide push to stop hidden door handles
TechCrunch·1 day ago, 08:51 AM
- Tesla and 10 other automakers are recalling nearly 3 million vehicles in China to address safety risks associated with hidden electronic door latches and emergency releases. - The recall involves installing warning labels and pushing software updates to help occupants identify manual door release mechanisms during crashes or fires. - This regulatory push follows a two-year review by China, which announced a ban on hidden electronic door handles starting in 2027 amid growing global safety scrutiny.
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