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Uber CEO says Musk wants to go alone on Tesla Robotaxi rollout
Uber CEO says Uber, Waymo will compete with Tesla in Austin, Bloomberg reports
CEO Dara Khosrowshahi about Tesla’s robotaxi plans at the FII conference in Miami. Discover the Best Stocks and Maximize Your Portfo
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Eyes on Austin: Tesla will take on Waymo and Uber in an early robotaxi battle
See why Tesla, Inc. stock is declining and the potential impact of its Robotaxi struggles on growth, valuation, and market relevance. Explore more details here.
Despite Uber's experience or position as one of the pre-eminent players in rideshare, Elon Musk and Tesla shot down the company's offers to collaborate.
Elon Musk-led Tesla has started hiring for the start of production of its Cybercab vehicle aimed at autonomous driving.
Tesla (NASDAQ: TSLA) is planning to launch its own robotaxi service in Austin this summer. The service will use a fleet of Tesla-owned vehicles employing the first version of its unsupervised Full Self-Driving (FSD) software.
EV giant Tesla Inc's dedicated robotaxi offering- the Cycercab- will not have stainless steel panels and neither will it be painted, according to senior company executive Lars Moravy.
The California New Car Dealers Association (CNCDA) reports Tesla registrations fell 7.8 percent in Q4 2024 and declined nearly 12 percent in 2024. Tesla still commands a 52.5 percent market share for EVs in California, but that’s also down 7.6 percent in 2024.
In CEO Elon Musk's first full month as part of Donald Trump's White House, shares of his electric vehicle company plunged 28%, the steepest drop since December 2022. The stock fell another 3% on Monday, the first trading day in March, pushing the company's market cap to about $915 billion.
The office overseeing regulations for autonomous vehicles lost nearly half its staff last month in NHTSA cuts, one terminated employee said.
Despite a recent earnings miss and a 27% YTD dip, Tesla's long-term prospects remain robust with catalysts like FSD, Model Q, and Optimus robot.
Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.
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