Key Takeaways Tesla’s driverless robotaxi was spotted in Austin, TX, showcasing its ability to operate without a driver. A video posted on X highlights the vehicle’s confident movement, resembling any standard car on the road. The robotaxi logo will be placed on the front doors, contributing to a sleek appearance. Testing of the robotaxi service…
Key Takeaways Musk is reconsidering his past friendship with Trump after recent controversies. Their relationship has been unpredictable, characterized by sudden changes in sentiment. Musk’s recent comments have sparked discussions about the future of their alliance. Analysts suggest that political ties could influence business decisions for Musk. Trump, in the past, has been vocal about…
Key Takeaways Tesla sales in China are significantly declining, with only 8,600 vehicles sold in the first week of June. Despite increased discounts and incentives, Tesla’s sales in China are expected to worsen due to competition and a new EV price war. Q2 sales data indicates that Tesla is underperforming compared to both Q1 and…
Key Takeaways Waymo has suspended driverless taxi operations in parts of LA and San Francisco due to violent protests. Several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during anti-ICE demonstrations. California Governor Gavin Newsom criticized the deployment of National Guard troops during the protests, calling it unconstitutional. Each Waymo robotaxi is valued between…
Key Takeaways xAI is aiming for a $5 billion debt offering to support growth in artificial intelligence. Morgan Stanley is marketing the debt, offering both floating-rate and fixed-rate loan options. The deal reflects cautious lending practices in the current uncertain economic climate. Morgan Stanley will not guarantee the volume of the offering, differing from past…
Key Takeaways Tesla has been officially recognized as an autonomous vehicle operator in Austin. The company is currently in the testing phase, alongside many other AV operators in the area. Tesla’s robotaxi service launch could happen soon, possibly within days, after a previous report suggested June 12. The initial service will utilize Model Y vehicles…
Key Takeaways X launches Community Notes pilot to bridge ideological divides by highlighting posts liked by diverse viewpoints. Contributors can rate and provide feedback on posts, aiding an open-source algorithm development for identifying unifying content. The pilot starts on June 05, engaging a select group of contributors from various perspectives to test the new feature.…
Key Takeaways An X user with 184 followers became a key player in saving the U.S. space program by de-escalating tensions between Elon Musk and Donald Trump. Trump criticized Musk’s subsidies, suggesting the termination of contracts with SpaceX, prompting Musk to threaten the decommissioning of the Dragon spacecraft. The space community expressed shock at Musk’s…
Key Takeaways Cathie Wood identifies Tesla as her top stock pick, citing its innovative convergence of robotics, energy storage, and AI. Wood emphasizes Tesla’s potential beyond cars, highlighting the importance of their Optimus robot project. Ark Invest projects a $2,600 price target for Tesla within five years, driven by productivity gains from robotic innovations. Elon…
Key Takeaways Tesla faces significant setbacks due to the feud between Elon Musk and President Trump. The company’s sales and profit are already declining, worsened by recent political tensions. Musk’s reputation as “persona non grata” hampers his influence on Republicans concerning important climate policies. Legislative changes threaten to eliminate vital tax credits for electric vehicles,…