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Tesla investors have placed a lot of eggs in the company's autonomous driving basket to justify its 338x trailing twelve-month price-to-earnings ratio. The S&P 500 currently has a TTMPE ratio of 32, according to Multpl. The company doubled down on its autonomous driving ambitions earlier this ...
Investor Gary Black of The Future Fund LLC dismissed arguments made by bullish supporters of Tesla Inc., who opined that Elon Musk was deliberately slowing down the EV giant’s Robotaxi ramp to induce a merger with Space Exploration Technologies Corp.....
Micron Technology edged past the market valuation of Meta Platforms and briefly Tesla's for the first time on Thursday, after the memory chipmaker's solid forecast helped extend its AI-driven ascent. The company's shares were last up 18.4% at $1,236, giving it a market capitalization of $1.398 trillion, compared with Meta's $1.392 trillion. Tesla had a market value stood of $1.4 trillion.
Plus: Will anyone buy a cheap EV truck, the World Cup tries to cool off and the Trump administration offers nuclear loans.
Tesla Inc. (NASDAQ:TSLA) is facing fresh legal and regulatory challenges following the National Transportation Safety Board (NTSB) announcement that it will examine the fatal Texas crash that took place last week involving a Model 3 sedan. NTSB Announces Probe According to a report by Reuters on Wednesday, the agency said it will investigate the incident, which is already under scrutiny of the National Highway Traffic Safety Administration (NHTSA). The collision occurred in Katy, Texas and resul
June 25 (Reuters) - Nasdaq futures jumped 2% on Thursday after upbeat forecasts from chipmakers Micron and Qualcomm pointed to strong demand for artificial intelligence infrastructure, lifting
Investors are now watching Starlink's growth and Starship's R&D spending ahead of its first public earnings report.
Less than two weeks ago, SpaceX became the most valuable company ever to go public, raising $75 billion at a valuation north of $1.7 trillion and closing its debut session up 19%, according to CNBC. On June 22, SpaceX posted its worst single-day loss as a public company, plunging 16% to close at ...
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 ...
Crypto analyst InvestAnswers has thrown cold water on the panic gripping the Bitcoin (BTC) market, telling investors that the leading cryptocurrency is sitting on signs of a late-stage bear market bottom, and that its biggest move may be just one round number away. In a podcast, the analyst ...
The Baron First Principles ETF has quickly asserted itself as the primary ETF proxy on SpaceX stock.
The companies are combining to create what they called the largest distributed power plant in the country.
By Jonathan Stempel June 24 (Reuters) - Tesla has been sued by the family of a 76-year-old Texas grandmother killed last week when a driver using his Model 3's automated driving assistance system
The family of the 76-year-old woman killed when a Tesla Model 3 plowed into their suburban Houston home has filed a wrongful death lawsuit against Tesla and the driver, NBC News reported.
Tesla Inc. CEO Elon Musk, as well as the company’s AI lead Ashok Elluswamy, on Monday denied claims that the Full Self-Driving (FSD) system was responsible for a fatal crash in Texas that resulted in the death of a woman. This Makes No Sense, Says Elon Musk In a post on X, Musk responded to a post by a user who criticized a report that said a Tesla driver claimed to have engaged driver assistance technology as the Model 3 vehicle crashed into a home in Katy, Texas, on June 19, which resulted in
Sunrun, Tesla, and Renew Home entered into an agreement to deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities.
The solar-energy company is partnering with home energy platform Renew Home and electric car maker Tesla to power data centers.
The global investment bankJefferies just added a fresh twist to the Tesla (TSLA) stock debate. According to TheFly, veteran analyst Philippe Houchois kept his cautious stance on Tesla, but his latest take goes beyond deliveries, margins, robotaxis or EV demand. His concern is tied to SpaceX ...
Automotive execs tout automated driver assistance systems like Ford BlueCruise, General Motors Super Cruise, and Tesla Full Self-Driving (Supervised) as the ultimate key to unlocking safer roads. There were more than 40,000 motor vehicle-related deaths in 2023, according to the Insurance Institute ...
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.
U.S. safety regulators are reviewing a fatal Model 3 crash in Texas.
2025 was a rough year for electric vehicle sales in the U.S. Despite a record-setting pace through the first three quarters of the year, thanks to the expiration of the $7,500 tax credit, EV sales dropped so far off a cliff in the fourth quarter that many of the top internal combustion engine ...
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.
It’s a rough day for stocks that have benefited from the AI rally this year. These stocks are among the deepest in the red this morning: Chip makers: Micron Technology is down 12%. Advanced Micro Devices, Marvell Technology and Qualcomm fell between 6% to 9% at the opening bell.
Cathie Wood's firm ARK Invest bought more than 200,000 shares of Elon Musk's SpaceX on Monday when the stock tumbled 16%.
Tesla Faces New Self-Driving Questions After Fatal Crash, Stock Slides
By Amanda Cooper LONDON, June 23 (Reuters) - Global stocks fell on Tuesday, led by broad-based declines in technology stocks, as investors expect the Federal Reserve to take more aggressive action to
Tesla’s sales in Europe more than doubled on year last month, a sign Elon Musk’s EV maker is rebuilding strength in a region where Chinese rivals pose stiff competition. New-car registrations for Tesla models, a reflection of sales, rose to 28,610 units across the EU, the U.K., Iceland, Liechtenstein, Norway and Switzerland, according to the European Automobile Manufacturers’ Association. May marked the fourth consecutive month of growth for Tesla in the region.
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