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Tesla’s (TSLA) latest federal safety probe isn't a routine crash investigation. It’s a test of one of the greatest assumptions still baked into Tesla’s stock: that the company can turn driver-assistance software into a business considerably more valuable than regular car sales. For years, Tesla has ...
Tesla (TSLA) is facing a federal investigation into a fatal car crash in Texas, in which the driver claimed that Tesla's full self-driving (FSD) was engaged. Yahoo Finance Senior Autos Reporter Pras Subramanian chats with Yahoo Finance's Julie Hyman about what we know so far.
Tesla's (TSLA) Model 3 and Model Y lead Cars.com's "American-made Index" for the sixth year in a row. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details.
Tesla Faces New Self-Driving Questions After Fatal Crash, Stock Slides
A driver told law-enforcement officials he was using Tesla’s Autopilot when his car slammed into a Houston-area home, killing a woman.
Volkswagen (ETR:VOW3) used its 66th annual general meeting to outline a difficult but active 2025 fiscal year, with executives pointing to product launches, electric-vehicle momentum and restructuring progress while warning that tariffs, competition and geopolitical pressures continue to weigh on pr
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
The Dow index jumped to a new all-time intraday high on Monday, while the Nasdaq jumped to its best close since the end of March.
General Motors' (GM) energy storage business is underappreciated by investors, while its US tariff e
The U.S. launched fresh strikes on Iran on Wednesday, even as the war in the Middle East has stretched over 100 days now.
Tesla stock was lower early Wednesday after a flare-up in tensions in the Middle East, leaving investors nervous. Shares of the electric-vehicle maker were down 1.5% at $390.91 in premarket trading, while and futures were down 0.8% and 0.7%, respectively. The move came after the U.S. military retaliated after Iran downed an Apache helicopter, threatening a fragile cease-fire.
The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.
US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.
(Bloomberg) -- Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves
(Bloomberg) -- The world might have to wait a little longer for its first trillionaire. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves, BE Analysis ShowsBased on reports that SpaceX is planning to offer shares in an upcoming
(Bloomberg) -- SpaceX aims to sell 555.6 million shares at $135 apiece for its record-breaking $75 billion initial public offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr
<body><p>STORY: :: Chris Kirkham, Automotive enterprise reporter</p><p>"The big promise Elon Musk has made about Full Self-Driving technology is that it will soon turn every Tesla on the road into a driverless vehicle. It’s a big reason why the company is valued at about $1.5 trillion —</p><p>// ZOOM</p><p>five times that of any other automaker."</p><p>// MUSK AT ROBOTAXI EVENT</p><p>"We found after talking to 10 former Tesla employees who helped train its self-driving software that Tesla’s technology is still far off from what Musk is promising.</p><p>"Seven of those employees said they wouldn’t trust the software to drive them anywhere. While at Tesla, the employees reviewed videos showing Teslas equipped with the Full Self-Driving software striking dogs, cats and wildlife like deer, as well as close calls with pedestrians including children. Some saw Teslas using the software fail to pull over for approaching emergency vehicles, fail to stop for school buses and drive into a construction zone, nearly striking workers. The vehicles using the technology often sped. One former employee said vehicles using a Full Self-Driving mode called “Mad Max” would go 20 to 30 miles per hour over the speed limit.</p><p>"Even though Tesla, according to the employees, knew about these deficiencies, Musk pushed forward with the launch of a robotaxi network in Austin, Texas last June. Our reporting shows that employees worked to train the software on specific streets and intersections so that the demonstration would go smoothly. They said this kind of training is impossible to do on a wide scale. Yet Musk has said Tesla’s technology “works anywhere,” and doesn’t require mapping or programming the software for it to operate in specific places.</p><p>"Another interesting thing we found is that Tesla is using some fuzzy math to claim that its Full Self-Driving technology is either 10 times safer or, more recently, seven times safer than the average human driver. We found after talking to 11 traffic safety experts that Tesla is comparing apples and oranges to do this math. It’s counting only the worst of its crashes, the ones where airbags go off, and comparing them to a set of federal data that includes more minor accidents. This distorts Tesla's safety record and makes its technology look better than it actually is. </p><p>"By contrast, Waymo, the U.S. leader in driverless taxis, takes a more rigorous approach. It publishes its safety stats in peer-reviewed journals and says it adjusts for the specific roads and conditions its vehicles actually operate in. </p><p>"We sent Tesla a detailed list of questions for this report, but got no response. In the past, Tesla has defended its Full-Self Driving technology, saying it could save lives and prevent injuries. The traffic-safety researchers who spoke to Reuters said they viewed Tesla’s claims about the safety of Full-Self Driving as marketing rather than a serious investigation into a critical safety issue."</p></body>
Government AI inventory showed Grok appearing in just three of four hundred vendor examples with ChatGPT, Gemini, and others outpacing.
(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksGoldman CEO Slides Into Musk’s DMs During Bid to
China, on Wednesday, confirmed a 200-aircraft order from Boeing Co (NYSE:BA) following President Donald Trump‘s meeting with Chinese President Xi Jinping last week. China Confirms Boeing Deal The country will purchase the aircraft, China’s Ministry of Commerce said in a statement, confirmed by Chinese state-run news agency Xinhua. The order is the first major order Boeing has secured from the world’s second-largest aviation market in over a decade. Read Also: Jim Cramer Says Beijing Can't Afford
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