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Tesla Has Only 69 Robotaxis In Texas — But They Are Cheap
Benzinga55d agoneutral
Tesla Has Only 69 Robotaxis In Texas — But They Are Cheap

Tesla Inc. is getting lapped in the Texas robotaxi race. The question is whether it matters. Texas Department of Motor Vehicles data as of June 16 puts Tesla’s statewide fleet at just 69 vehicles, according to research from Bank of America. Waymo leads with 620, AVRide has 317, Nuro and Zoox round out the field at 47 and 35. Tesla is also trails its competitors in markets. The company is live in four cities, with five more listed as “preparations underway,” while Waymo operates in 11. Tesla is s

A SpaceX-Tesla Merger Could Manufacture A $5 Trillion Giant: Here's What Prediction Markets Say
Benzinga55d agoneutral
A SpaceX-Tesla Merger Could Manufacture A $5 Trillion Giant: Here's What Prediction Markets Say

Elon Musk’s next move could be a SpaceX-Tesla merger big enough to challenge Nvidia Corp. for the title of most valuable company on Earth. Just three sessions into its IPO, SpaceX has already surged nearly 50% to roughly $2.6 trillion, leaving Tesla Inc. and its $1.5 trillion behind. The wider that gap runs, the cheaper Tesla gets to absorb, and the more control Musk keeps over whatever emerges. The Math On A $5 Trillion Giant The case for a merger, laid out this week by Bloomberg columnist Liam

General Motors Company (GM) may Ditch LFP Batteries for Future EVs
Insider Monkey55d agoneutral
General Motors Company (GM) may Ditch LFP Batteries for Future EVs

General Motors Company (NYSE:GM) is among the 10 Best EV Stocks to Invest In According to Hedge Funds. On June 10, Reuters reported General Motors Company (NYSE:GM) is reconsidering plans to use lithium-iron phosphate batteries for future electric vehicles. Battery chief Kurt Kelty said the company may instead prioritize lithium manganese-rich chemistry. The Detroit automaker […]

Is Tesla, Inc. (TSLA) Among the Best EV Stocks to Invest In According to Hedge Funds?
Insider Monkey55d agoneutral
Is Tesla, Inc. (TSLA) Among the Best EV Stocks to Invest In According to Hedge Funds?

Tesla, Inc. (NASDAQ:TSLA) is among the Best EV Stocks. On June 17, Reuters reported that the Dutch road authority said about Tesla, Inc. (NASDAQ:TSLA)’s 40,000 Teslas in the Netherlands are now using “self-driving” software and collectively driven 24 million kilometers without serious incidents. The RDW agency monitors performance monthly. It stated the system, which is classified […]

Tesla (TSLA) Faces EU FSD Split As Musk Lifts Voting Stake To 20%
Simply Wall St.55d agoneutral
Tesla (TSLA) Faces EU FSD Split As Musk Lifts Voting Stake To 20%

Sweden has urged the EU to block Tesla’s Full Self-Driving rollout unless the feature that lets vehicles exceed speed limits is disabled, as an EU-wide vote approaches. Denmark has tentatively cleared FSD under Dutch regulatory rules, creating a split in European treatment of Tesla’s driver-assistance software. Elon Musk has converted stock options into voting shares, increasing his voting stake in Tesla to 20% and tightening his grip on corporate decision-making. Tesla (NasdaqGS:TSLA) sits...

Elon Musk Nears 20% Voting Power In Tesla After Exercising Stock Options
Benzinga55d agoneutral
Elon Musk Nears 20% Voting Power In Tesla After Exercising Stock Options

Tesla Inc. CEO Elon Musk gained more than 300 million shares of the EV giant’s stock as part of his 2018 CEO Compensation Award, which takes his voting rights in Tesla to approximately 19.9%. Elon Musk Gains Tesla Shares In a Form 4 filing with the SEC on June 16, Musk exercised his stock options as part of the 2018 CEO award, gaining over 303,960,630 shares of the EV giant at $23.34/share. The original agreement granted Musk 20,264,042 shares at $350.02/share, but Tesla’s stock split 5-for-1 in

Elon Musk Says Tesla FSD Will Remember ‘Parking Preferences’ At Home, Office And School Drop-Off In Upcoming Releases
Benzinga56d agobearish
Elon Musk Says Tesla FSD Will Remember ‘Parking Preferences’ At Home, Office And School Drop-Off In Upcoming Releases

Elon Musk said Tesla Inc.’s Full Self-Driving software will soon remember where drivers prefer to park at regular destinations, a change aimed at reducing one of the most common reasons users take control of the system. Musk Says FSD Will Remember Parking Preferences "Upcoming releases of FSD will remember your parking preferences, so that the car goes to the right location at your home, office, school drop off, etc.," Musk wrote on Wednesday on X. Upcoming releases of FSD will remember your par

Energy Expert: Electric Vehicles Are the ‘Keystone Species’ of the Next Megatrend. Will Tesla’s Stock See Massive Gains?
24/7 Wall St.56d agoneutral
Energy Expert: Electric Vehicles Are the ‘Keystone Species’ of the Next Megatrend. Will Tesla’s Stock See Massive Gains?

On a recent episode of the Catalyst with Shayle Kann podcast themed around the “electric supercycle,” energy investor Andy Lubershein laid out a framework that should reshape how investors think about the EV trade. He argues four building blocks form what he calls the “electro-industrial tech stack”: solar photovoltaics, lithium-ion batteries, electric vehicles, and power ... Energy Expert: Electric Vehicles Are the ‘Keystone Species’ of the Next Megatrend. Will Tesla’s Stock See Massive Gains?

Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi
24/7 Wall St.56d agoneutral
Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi

Elon Musk spent much of Tesla’s Q1 2026 earnings call doing something he rarely does: lowering expectations. The CEO of Tesla (NASDAQ:TSLA) repeatedly invoked manufacturing physics rather than moonshot timelines, and the centerpiece of his framing was a single line. “Whenever you have an all-new product with an all-new supply chain, and everything is new, ... Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi

After Nvidia And Tesla, Trump Confirms Apple Has Agreed To Build Chips With Intel Amid US Manufacturing Push: 'When Was The Last Time...'
Benzinga56d agoneutral
After Nvidia And Tesla, Trump Confirms Apple Has Agreed To Build Chips With Intel Amid US Manufacturing Push: 'When Was The Last Time...'

President Donald Trump said that the U.S. lost semiconductor manufacturing to Taiwan and other countries and lauded his efforts to bring chip production back to America. Trump took to Truth Social early Thursday and highlighted the partnerships he facilitated between Intel Corporation, Nvidia Corporation and Tesla Inc. to design and manufacture chips domestically. Don’t Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learnin

Elon Musk Says Tesla Owners Will Soon Be Able To Talk To Grok Like A Chauffeur
Benzinga56d agoneutral
Elon Musk Says Tesla Owners Will Soon Be Able To Talk To Grok Like A Chauffeur

Tesla Inc. CEO Elon Musk has teased an update for the Full Self-Driving (FSD) system that would let owners converse with xAI‘s Grok like they would with a chauffeur. Conversational Grok On Wednesday, user @KHendricks13 took to X to share her idea of a feature that the FSD system could benefit from. “Need to be able to converse w/ Grok,” the user said, like riders do with an Uber Technologies Inc. driver. "Hey Grok, turn right here." "Drop us off right here, we’ll walk due to traffic." "Drop at e

Bernie Sanders vs. Elon Musk: Would Taxing the Rich Actually Save Social Security?
24/7 Wall St.56d agoneutral
Bernie Sanders vs. Elon Musk: Would Taxing the Rich Actually Save Social Security?

Senator Bernie Sanders fired off a single sentence on X this month that frames the entire fight over how to keep Social Security solvent: “Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500.” The Vermont independent paired the post with a bill he says would end that absurdity ... Bernie Sanders vs. Elon Musk: Would Taxing the Rich Actually Save Social Security?

Benzinga56d agoneutral
Elizabeth Warren Says Every 4-Year-Old In America Could Get Health Care If Elon Musk Did This

Sen. Elizabeth Warren (D-Mass.) on Wednesday reaffirmed calls to levy a tax on the richest members of society, including Tesla Inc. and Space Exploration Technologies Corp. CEO Elon Musk. Elizabeth Warren Touts Children Gaining Access To Healthcare In a post on X, Warren said the wealth tax could provide children with access to healthcare. “If Elon Musk paid my ultra-millionaire wealth tax, we could pay for child care for all three and four year olds in America,” she said in her post. If Elon Mu

Wall Street expects Tesla rival to surge 90% despite cash crunch
TheStreet56d agobullish
Wall Street expects Tesla rival to surge 90% despite cash crunch

Lucid Group has not had an easy stretch. The stock has been battered, and the losses keep piling up. But Wall Street thinks the sell-off is overdone. Valued at a market cap of $2 billion, this Tesla rival is down 99% from all-time highs in June 2026. However, analysts tracking the EV maker ...