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Trump’s China summit threatens the AI boom, Ford gets into the energy storage business, Hims & Hers posts a surprise loss, and more news to start your day.

When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for CEO Elon Musk’s mission to transform the electric-vehicle maker into an AI-powered, driverless-tech giant. Reuters reporters who recently tested Tesla’s robotaxis in those cities, however, found them to be still in a beta-testing phase. Tesla did not respond to requests for comment for this story.

By Eduardo Baptista and Laurie Chen BEIJING, May 12 (Reuters) - From Meta to Tesla and BlackRock, the U.S. business delegation for President Donald Trump's summit with Chinese leader Xi Jinping this

Nvidia stock looked set to fall on Tuesday from a record high in the previous session. CEO Jensen Huang won’t be among the business leaders accompanying President Donald Trump on this week’s visit to China, according to reports. The recent strength of the semiconductor sector has been a boon for Nvidia, as investors warm again to the prospects for its artificial-intelligence chips.

This could spell trouble for the company's robotaxi ambitions.

Japan's Panasonic Holdings said ‌on Tuesday it ‌expected full-year profit at its energy ​unit, which supplies batteries to Tesla, to more than double, recovering after ‌posting ⁠a quarterly loss. The business, which posted a 3.8-billion-yen loss ‌in the ​January-March quarter, was ​hit ​by U.S. tariffs, ‌start-up costs at ​its Kansas ​plant and lower sales at a factory ​in ‌Japan.

Qualcomm CEO Cristiano Amon is joining a U.S. business delegation on President Donald Trump's upcoming summit trip to China for talks with Xi Jinping. The delegation, which also includes leaders from Tesla and Apple, is focused on pursuing business agreements and discussing U.S. access to the Chinese market. The visit is expected to touch on semiconductor export rules and commercial ties between the U.S. and China. For investors watching NasdaqGS:QCOM, this trip sits at the intersection of...

Slate Auto is among the electric vehicle companies that have tried to take on Tesla Inc over the years. With the backing of billionaire and Tesla CEO Elon Musk rival, Jeff Bezos and a focus on affordability, the company was...

Elon Musk’s Tesla Inc reported a 36% year-over-year jump in April sales from its Shanghai factory and filed a new Roadster trademark, but Polymarket bettors still aren’t buying the bull case. Tesla’s Shanghai Gigafactory produced 79,478 Model 3 and Model...

Tesla shares stayed active as investors reacted to a fresh Wall Street rating update.

US equity indexes rose on Monday, alongside crude oil futures and Treasury yields, as President Dona

Wedbush Securities views Apple as entering a transformative AI chapter, supported by leadership changes and new growth opportunities.

Piper Sandler analyst Alexander Potter wrote that Tesla (TSLA) investors entering at the current stock price are practically buying into the upside of the company's Optimus robotics "for free." Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down this analyst note examining the future value of the EV maker's robotics business.

Nvidia's Jensen Huang joined sixteen other top business executives and President Trump on his trip this week to meet with Chinese leader Xi Jinping.

Sixteen top business executives are expected to join President Trump on his trip this week to meet with Chinese leader Xi Jinping.

Ford Motor is starting up a new business that Tesla pioneered: Energy Storage. Monday, Ford introduced “Ford Energy,” which will deliver “United States-assembled battery energy storage systems for utilities, data centers, and large industrial and commercial customers in the United States.” Tesla has a large energy storage business.

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Tesla (NasdaqGS:TSLA) plans to launch a Robotaxi autonomous service across roughly a dozen U.S. states by the end of 2026, using a phased rollout focused on safety and regulatory alignment. The company is reporting record import EV sales growth in South Korea, where Tesla now accounts for 29% of total imported EV sales year to date. Tesla shares trade at $428.35, with the stock up 9.1% over the past week, 22.8% over the past month, and 34.5% over the past year. Over three and five years,...

More than a dozen top U.S. business leaders will travel to China for President Trump’s visit this week with Chinese President Xi Jinping, representing various American industries from finance to manufacturing.

The battery recycling and energy storage company has hired former Tesla finance chief Deepak Ahuja, reuniting him with former Tesla CTO JB Straubel.

Meta Platforms Inc. (NASDAQ:META), DoorDash Inc. (NASDAQ:DASH) and other large tech companies will drive stablecoins to a $4 trillion market and bring millions into the cryptocurrency space, Bitwise investment chief Matt Hougan says. Meta is testing stablecoin payments to creators...

Recent results reveal a stark contrast in revenue stability and margins between these two EV companies. See how their financial trajectories diverge.

Tesla Bulls Get Fresh Catalyst as Robotaxi Rollout Expands Nationwide

Tesla investors buying near today's $420 share price are getting a big bonus - the Optimus business for free.

Investing.com -- Piper Sandler has published an update to its Tesla valuation framework, arguing that at current share prices, investors are effectively acquiring the company's Optimus humanoid robot business at no cost.

The final vehicles rolled off the Fremont factory line on May 10, closing out about 750,000 combined units sold

Tesla stock faces new setbacks in its effort to recover from an eight-week slump from earlier this year. On Monday, the stock was down.

Intel stock was gaining on a report it could be lining up another major customer for its chip-manufacturing unit.

Tesla and SpaceX CEO Elon Musk has a habit of making headlines for everything from rockets to robotaxis, but as the richest man in the world, there's one question people constantly throw his way: what's the smartest way to invest...

The $2 trillion-market-value club just got bigger. And it's not Tesla, Meta Platforms or Walmart.