Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest
Tesla's 'full self-driving' tech is slated for this summer in Austin, Texas. The news helped raise the company's stock.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts. The electric vehicle,
Tesla (NASDAQ: TSLA) announced plans to roll out new, more affordable electric vehicles (EVs) in early 2025 while launching an autonomous ride-hailing service in June. Despite missing Wall Street revenue expectations,
Tesla's fourth-quarter adjusted profits rose 3% to $2.6 billion, falling short of forecasts. Despite losing market share, stock rose after Elon Musk announced a timeline for full self-driving technology.
Sean Duffy has been confirmed as transportation secretary, giving him a key role in President Donald Trump's administration.
Tesla just posted its first-ever year-over-year decline in deliveries, a milestone that no CEO ever wants to hit. In any other universe, investors would sound the alarm, demanding answers about why Tesla's deliveries shrunk in a growing market and what Tesla is planning to do to remain competitive in today's changing EV landscape.
Tesla's market value has soared with the election of U.S. President Donald Trump, who is a close ally of CEO Elon Musk, but the electric car company posted a dip in deliveries last year, raising pressure for it to roll out a new, lower-priced model, as well as the autonomous vehicles and software that Musk says underpin its financial future.
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.