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Tesla faces EU skepticism over automated-driving tech, records show
Reuters Videos97d agoneutralVIDEO
Tesla faces EU skepticism over automated-driving tech, records show

<body><p>STORY: Tesla CEO Elon Musk has projected confidence that the EU will soon green-light the carmaker's "Full Self-Driving" system.</p><p>But emails from some European regulators show marked skepticism toward the tech...</p><p>and its stated safety benefits.</p><p>Tesla's FSD technology was cleared by the Dutch road regulator RDW in April.</p><p>RDW is now seeking EU approval for FSD, with a key committee hearing scheduled for Tuesday.</p><p>Tesla has a lot riding on FSD approval in Europe, where it is trying to regain market share.</p><p>The EV maker charges a monthly subscription for FSD, which can drive itself under certain circumstances...</p><p>but requires the driver to be fully attentive at all times.</p><p>But in previously unreported email correspondence, regulators in the Netherlands, Sweden, Finland, Denmark and Norway - who could prove critical to Musk's approval push - have raised a number of concerns over the technology.</p><p>Those include the system's tendency to speed, whether it is safe to use on icy roads...</p><p>and drivers' ability to circumvent features designed to prevent cell-phone use.</p><p>That's according to the emails, which were seen by Reuters through public records requests.</p><p>They also expressed frustration with Tesla's strategy of publicly encouraging vehicle owners to pressure regulators to approve FSD.</p><p>The EU committee will hear on Tuesday from Dutch officials about why they approved Tesla's FSD.</p><p>Tesla did not respond to requests for comment.</p><p>For FSD to be approved, committee members representing 55% of EU member states and 65% of the bloc's population must vote "yes."</p><p>There is no vote scheduled on FSD this week.</p><p>And the next committee meetings are expected in July and October.</p></body>

This Week In Energy Transition - Perigus Energy Emerges as New Onshore Renewable Powerhouse
Simply Wall St.97d agoneutral
This Week In Energy Transition - Perigus Energy Emerges as New Onshore Renewable Powerhouse

Copenhagen Infrastructure Partners (CIP) has completed the acquisition of Ørsted's European onshore platform, leading to the launch of Perigus Energy, a new player in the European onshore renewable energy sector. Operating in Ireland, Germany, the United Kingdom, and Spain, Perigus Energy currently manages 826 MW of operational and under-construction capacity, with a pipeline poised for substantial growth. The company aims to support Europe's energy transition by developing, building, and...

Discover 3 Elite Growth Companies With Strong Insider Ownership
Simply Wall St.97d agoneutral
Discover 3 Elite Growth Companies With Strong Insider Ownership

In the last week, the United States market has stayed flat, yet over the past 12 months, it has experienced a notable rise of 28%, with earnings forecasted to grow by 16% annually. In this environment, companies that not only demonstrate strong growth potential but also have significant insider ownership can be particularly appealing to investors seeking alignment between management and shareholder interests.

Two Numbers for Tesla Stock on Tuesday. Which One Matters More.
Barrons.com97d agoneutral
Two Numbers for Tesla Stock on Tuesday. Which One Matters More.

Tesla CEO Elon Musk hopes that FSD will advance to unsupervised autonomous driving by the end of the year. Achieving that would be a catalyst for Tesla stock, demonstrating that widespread use of truly self-driving cars is just around the corner. Musk missed the deadline by 11 days, potentially costing former Twitter holders money.

Sen. Ted Cruz discusses Texas' vital role in AI buildout
Yahoo Finance Video97d agoneutralVIDEO
Sen. Ted Cruz discusses Texas' vital role in AI buildout

Senator Ted Cruz (R-Tx.) sits down with Yahoo Finance Executive Editor Brian Sozzi at the. Milken Institute's Global Conference 2026 to further discuss his state's involvement in the AI boom, while also addressing some of the regulations on artificial intelligence that he is pushing for.

Elon Musk settles SEC Twitter disclosures lawsuit for $1.5 million
Reuters Videos98d agobearishVIDEO
Elon Musk settles SEC Twitter disclosures lawsuit for $1.5 million

<body><p>STORY: Elon Musk has settled a U.S. Securities and Exchange Commission lawsuit against him for a $1.5 million fine.</p><p>The suit accuses the world's richest person of waiting too long in 2022 to disclose his initial purchases of shares in Twitter, now known as X.</p><p>Under the settlement disclosed Monday, a trust in Musk's name will pay the fine.</p><p>The Tesla chief did not admit wrongdoing, and won't have to give up any of the $150 million he allegedly saved from the delay.</p><p>Now the settlement requires approval by U.S. District Judge Sparkle Sooknanan, who in February rejected Musk's bid to dismiss the case.</p><p>The SEC declined to comment.</p><p>In its lawsuit, the regulator said Musk's 11-day delay in revealing his initial 5% Twitter stake let him buy more than $500 million of shares at artificially low prices, before he finally revealed a 9.2% stake.</p><p>Musk called the delay inadvertent, and accused the SEC of violating his free speech rights by targeting him.</p><p>The case is separate from a civil suit where a San Francisco jury in March held Musk liable for having defrauded Twitter shareholders after announcing the buyout.</p></body>

Exclusive-Tesla faces EU skepticism over automated-driving tech, records show
Reuters98d agoneutral
Exclusive-Tesla faces EU skepticism over automated-driving tech, records show

Tesla CEO Elon Musk has projected confidence that the European Union will soon green-light the carmaker's "Full Self-Driving" (FSD) system, but emails from some European regulators show marked skepticism toward the technology and its stated safety benefits. Tesla's "FSD (Supervised)" technology got the nod from Dutch road regulator RDW in April. RDW is now seeking EU approval for FSD, with ‌a key committee hearing scheduled for Tuesday.

Tesla Semi And Terafab Shift Focus To Vertical Integration And AI
Simply Wall St.98d agoneutral
Tesla Semi And Terafab Shift Focus To Vertical Integration And AI

Tesla (NasdaqGS:TSLA) has begun producing its first high volume Tesla Semi trucks at its Nevada facility. The company is also launching Terafab, an internal semiconductor foundry developed with support from Intel. These projects aim to support Tesla's commercial vehicle, robotics, and autonomous transport ambitions. Tesla sits at the intersection of electric vehicles, energy storage, and software, and the push into heavy trucks and chips adds new dimensions to that mix. The Tesla Semi...

Elon Musk's Tesla drops huge news for its customers
TheStreet98d agobearish
Elon Musk's Tesla drops huge news for its customers

Nine years after Elon Musk first unveiled it on a darkened stage, the Tesla Semi has finally crossed the line that separates promise from product. On April 29, Tesla posted a single image on X: workers inside the Nevada factory, the first Semi off the high-volume production line. After years of ...

Major automaker pulls the plug on ambitious U.S. EV plans
TheStreet98d agoneutral
Major automaker pulls the plug on ambitious U.S. EV plans

There is an old line I picked up early in covering Detroit: never bet against the American consumer's love of trucks. For the past three years, automakers tried anyway. They poured tens of billions of dollars into electric vehicle factories, lithium supply deals, and battery joint ventures, betting ...

ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings
24/7 Wall St.98d agoneutral
ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

ARK Space Exploration & Innovation ETF (NYSEARCA:ARKX) has rewarded patient holders lately, with shares near $33 after a 74% one-year run and a 13% year-to-date gain. That kind of move tends to bury the risk conversation. It shouldn’t. ARKX is an actively managed, non-diversified thematic equity ETF that launched in March 2021. Its mandate covers ... ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

Don’t Buy Tesla Stock.  Buy Options Instead.
Barrons.com98d agobullish
Don’t Buy Tesla Stock. Buy Options Instead.

Tesla stock is in a rut as investors await more progress on artificial-intelligence businesses such as robo-taxis and robots. With shares struggling to regain $400, stock options might be a better bet. Susquehanna derivatives analyst Christopher Jacobson screened for stocks in which a pick-up in volatility could move stock options prices.

Tesla Stock Is an Attractive Options Play. Here’s Why.
Barrons.com98d agoneutral
Tesla Stock Is an Attractive Options Play. Here’s Why.

Tesla stock is in a rut as investors await more progress on artificial-intelligence businesses such as robo-taxis and robots. With shares struggling to regain $400, stock options might be a better bet. Susquehanna derivatives analyst Christopher Jacobson screened for stocks in which a pick-up in volatility could move stock options prices.

Electric Vehicles Today - Tellus Power Unveils High-Power Charging System For Fleets
Simply Wall St.99d agoneutral
Electric Vehicles Today - Tellus Power Unveils High-Power Charging System For Fleets

Tellus Power has introduced the Nexus Megawatt Charging System (MCS), a high-power distributed charging platform aimed at fleet and commercial applications, amid the expanding need for robust electrification infrastructure. Capable of delivering between 600 kW and 1.2 MW of power output, the system supports multiple charging standards, thereby facilitating energy management across large-scale sites. As electrification of transport scales, particularly with autonomous and heavy-duty vehicles,...