Southern China to allow cross-city robotaxis as part of Greater Bay Area development

Southern China to allow cross-city robotaxis as part of Greater Bay Area development

Four districts in southern China on Friday formed a pilot framework under which connected cars will be mutually recognised, a mechanism designed to allow autonomous robotaxis to travel across cities. The Nansha district of Guangzhou, Shenzhen’s Qianhai and Bao’an districts, as well as Hengqin, an island co-administered by Zhuhai and Macau, agreed to the connected…

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After Elon Musk unveiled the Robotaxi, Tesla shares fell 6%, losing $40 billion in valuation: Find out why

After Elon Musk unveiled the Robotaxi, Tesla shares fell 6%, losing $40 billion in valuation: Find out why

After Elon Musk unveiled Tesla’s new Robotaxi, Wall Street surprisingly reacted with disappointment, with the company’s shares falling around 6% in Friday’s premarket trading session, according to a Wall Street Journal report, which added that this led to a $40 billion slump in the EV maker’s valuation. Video grab obtained 10 October, 2024 shows Tesla…

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Why this analyst was 'disappointed' by Tesla's robotaxi event

Why this analyst was ‘disappointed’ by Tesla’s robotaxi event

Tesla (TSLA) delivered its long-awaited robotaxi event Thursday night, giving investors new insight into the autonomous vehicle. CFRA analyst Garrett Nelson joins Morning Brief to discuss his reaction to the event. “We were really disappointed by the lack of detail regarding their near-term and intermediate-term product roadmap,” Nelson tells Yahoo Finance. He notes that there…

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