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Tesla Faces Scrutiny Over FSD Safety Claims Submitted to European Regulators
InvestorsHub61d agoneutral
Tesla Faces Scrutiny Over FSD Safety Claims Submitted to European Regulators

Tesla (NASDAQ:TSLA) provided self-generated safety data to regulators in several European countries as part of its effort to secure approval for its Full Self-Driving (FSD) system, but independent road-safety experts have questioned the validity of the figures, arguing that they may present an overly favourable view of the technology’s safety performance. The issue comes as the electric vehicle manufacturer seeks broader approval of FSD across Europe, a region where it is attempting to rebuild m

Exclusive-Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
Reuters61d agoneutral
Exclusive-Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators

In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing. A Reuters examination published last month found that Tesla CEO Elon Musk and other leaders over the past year have increasingly cited statistics they ‌say prove its FSD driver-assistance feature is up to 10 times safer than human drivers. Tesla has presented the ‌inflated safety data to some European regulators, according to correspondence obtained by Reuters through public records requests, as the EV maker seeks wider approval of FSD in a region where it is trying to regain market share.

Tesla Merger Talk With SpaceX Reshapes AI And Investor Outlook
Simply Wall St.62d agoneutral
Tesla Merger Talk With SpaceX Reshapes AI And Investor Outlook

Speculation around a potential Tesla and SpaceX merger has intensified following SpaceX's recent IPO and public comments from its president treating the idea as a real possibility. Prediction markets, company filings and several high profile analysts now treat a merger as a credible scenario, rather than a fringe rumor. Any move to combine Tesla and SpaceX could reshape how investors think about NasdaqGS:TSLA, including its business mix, capital needs and exposure to AI and advanced...

Car owners caught in government fight that could cost them big
TheStreet62d agoneutral
Car owners caught in government fight that could cost them big

President Donald Trump has come out in support of the REPAIR Act, a bill making its way through Congress that would ensure a car owner's right to repair and modify their vehicles without artificial barriers imposed by car manufacturers. According to some consumer advocacy groups, original equipment ...

Rivian CEO reveals a costly mistake EV rivals keep making
TheStreet62d agoneutral
Rivian CEO reveals a costly mistake EV rivals keep making

Rivian (RIVN) is finally moving into the part of the electric vehicle market that could determine its future. The electric vehicle business is delivering its new R2 SUV, a more compact, affordable car that many investors view as Rivian’s greatest hope for breaking out of its niche as a builder of ...

Piper Sandler Says Tesla Has Cracked Self-Driving Technology Challenge (TSLA)
InvestorsHub62d agoneutral
Piper Sandler Says Tesla Has Cracked Self-Driving Technology Challenge (TSLA)

Analyst Sees Tesla Reaching Level 4 Autonomy in Most SituationsPiper Sandler analyst Alexander Potter believes Tesla (NASDAQ:TSLA) has largely achieved Level 4 autonomous driving capability, arguing that the company has overcome the key technological hurdles required for self-driving vehicles despite ongoing doubts from investors and industry observers. In a note to clients, Potter outlined six factors supporting his view that Tesla has effectively reached a stage where its Full Self-Driving (FS

Bloomberg62d agobullish
SpaceX Surge Further Boosts Saudi Billionaire Prince’s Fortune

(Bloomberg) -- Friday’s debut share surge for SpaceX is bolstering the fortunes of one of Saudi Arabia’s richest men. Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAnthropic Shuts Down Mythos Access After Sweeping US OrderUS Wants to Avoid Congressional Vote on Trade Deal, Carney SaysAir India Plans to Downsize With Owner Tata Balking at LossesPrince Alwaleed bin Talal’s investment firm Kingd

Former Tesla board member issues candid message on SpaceX stock
TheStreet63d agoneutral
Former Tesla board member issues candid message on SpaceX stock

Venture capitalist Steve Westly says SpaceX is "three moonshots in one company" and the math only works if most of them pay off. On June 12, SpaceX (SPCX) just pulled off the biggest initial public offering in stock market history. The company raised $75 billion, priced shares at $135 each, ...