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Tesla sunsets its Solar Roof tiles
The Verge·53 minutes ago
- Tesla has reportedly discontinued its Solar Roof tiles and informed its third-party installer network that the product is no longer available to order. - The company will supply only conventional solar panels going forward instead of the solar-integrated roofing tiles. - Website changes corroborate the discontinuation, as the dedicated Solar Roof page now automatically redirects to the standard solar panel page.
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Tesla Stock (TSLA) Defies Biggest-Ever Recall in Second-Largest Market
Tip Ranks·1 hour ago
- Tesla shares edged higher to about $ 350 per share early Friday despite Chinese regulators announcing a vehicle recall. - The EV giant will recall 2.98 million vehicles in China to fix software issues. - This recall marks Tesla's largest ever in China, which serves as its second-largest market after the U.S.
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BREAKING: China's biggest auto recall hits Tesla, Xiaomi, Leapmotor and others over door escape risk
CnEVPost·2 hours ago
- Chinese regulators announced the largest single vehicle recall in history, covering over 7 million cars from major automakers including Tesla and Xiaomi. - The recalls primarily address hard-to-identify interior emergency mechanical door releases that pose escape and rescue risks after severe crashes, alongside driver attention monitoring issues for Tesla. - Automakers plan to implement remedies such as adding warning labels, replacing covers, and deploying over-the-air software updates amid tightened safety regulations.
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Big Tech Pre-market Broadly Higher: Apple Up Over 0%, Google Up Nearly 1%
Movers Alert·2 hours ago
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Tesla discontinues its Solar Roof tiles, not economically viable
Electrek·9 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.
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Will SpaceX Stock Be Higher or Lower a Year From Now? Here's the Verdict.
Motley Fool·4 hours ago
- SpaceX experienced significant market volatility following its record initial public offering at $ 135 per share, with future performance depending on balancing robust revenue growth against potential risks. - The bull case highlights rapid expansion, driven by a 92 % year-over-year Q 2 revenue increase to $ 7.8 billion and soaring artificial intelligence sales, alongside optimistic projections of reaching a $ 100 billion annualized revenue run rate by the end of 2026. - Conversely, the bear case warns of pressures from heavy artificial intelligence infrastructure spending, upcoming insider lockup expirations, and the potential share dilution from a possible Tesla merger.
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Cathie Wood Calls Disappearance of Entry-Level Corporate Jobs a ‘Blessing in Disguise,’ Backs Elon Musk’s AI-Powered One-Person Company Vision
benzinga_article·4 hours ago
- ARK Invest CEO Cathie Wood stated that artificial intelligence could spark an entrepreneurial boom by transforming the loss of entry-level corporate jobs into opportunities for new graduates to start one-person businesses. - Supporting Elon Musk’s vision of using AI tools like Grok to automate tasks, Wood argued that startup experience remains valuable even amid a high failure rate. - This perspective aligns with broader labor market pressures, where recent college graduate unemployment sat at 5.6% in the second quarter and global youth unemployment reached 12.4%.
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Big Tech Night Session Broadly Down, Tesla Falls Nearly 2%, Apple Drops Over 1%
Movers Alert·5 hours ago
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Billionaire Investor Stanley Druckenmiller Just Sold Intel and Micron, and Piled Into 2 Artificial Intelligence (AI) Stocks That Are Betting Big on Robotics
Motley Fool·5 hours ago
- Billionaire investor Stanley Druckenmiller's family office sold its holdings in Intel and Micron during the second quarter. - The fund simultaneously invested heavily in two artificial intelligence companies, Tesla and Amazon, that are advancing robotics initiatives. - The move highlights strategic portfolio adjustments toward robotics and AI infrastructure amid significant market gains and technological transitions.
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Ross Gerber Casts Doubt on Tesla’s Full Self-Driving Capabilities Following JPMorgan Note: ‘As I’ve Suspected…’
benzinga_article·6 hours 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.
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Tesla Robotaxi gets a massive upgrade in Nevada
Teslarati·7 hours 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.
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Big Tech Night Session Broadly Lower, Tesla Falls Nearly 2%, TSM Drops Over 1%
Movers Alert·8 hours ago
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Elon Musk Says SPCX Could Reach 10,000 Starship Launches Annually by 2030: ‘Still Tiny’ Compared With Air Travel
benzinga_article·8 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.
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