Elon Musk and Omead Afshar, left, at an event in Shanghai, China, in 2019. © 2019 Bloomberg Finance LP Elon Musk fired Tesla’s head of operations in North America and Europe, amid declining sales in both regions and the electric vehicle brand’s falling popularity, according to people familiar with the matter. Omead Afshar, who started…
Tesla’s long-hyped robotaxi was launched on Sunday afternoon, as per CEO Elon Musk who announced the rollout on his platform X (formerly Twitter). The first rides, priced at a flat $4.20 are now being offered in parts of Austin using driverless Tesla Model Y vehicles, stated a Reuters report. Several Tesla robotaxis were spotted Sunday…
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…
Tesla reported blowout earnings this week, but its biggest growth driver wasn’t cars or robots. Its energy business grew by 52% year over year, earning over $7 billion in revenue so far in 2024. Elon Musk said on Tesla’s earnings call that the energy unit was “growing like wildfire.” Thanks for signing up! Access your…
In This Story Tesla (TSLA) stock is staying strong in trading Thursday after the company delivered earnings that largely surprised Wall Street and Elon Musk delivered a new round of optimistic forecasts. Prada is making spacesuits for NASA and the price tag is out of this world The automaker reported improved operating profit margins, automotive…
Tesla CEO Elon Musk has unveiled the company’s latest vehicle, the Cybercab, a fully autonomous self-driving car with no steering wheel, accelerator, or brake pedal. Musk showcased Tesla‘s latest innovations at the “We, Robot” event held at Warner Bros. Studios in Southern California. The spotlight was on the Cybercab, a self-driving taxi that he says…
Tesla’s Cybercab Tesla On Thursday night, Elon Musk, the billionaire CEO of Tesla, showed off the company’s new fleet of robotaxis called Cybercabs, electric vehicles meant to shuttle passengers without drivers. Musk made the announcement at a highly-anticipated event at the Warner Brothers movie lot in Burbank, California. He arrived by being picked up by…
On October 9th, according to Chinastarmarket, informed sources revealed that Baidu Apollo Go plans to launch robotaxi service in Hong Kong, which will also be its first business outside the mainland market. In the second quarter of 2024, Baidu‘s autonomous driving service Apollo Go provided approximately 899,000 autonomous driving orders, a year-on-year increase of 26%….
Oct 04, 2024 08:50 AM IST Nagesh Saldi, Tesla’s CIO since 2018, is resigning before the launch of a new robotaxi. His exit aligns with other recent departures at the company. Tesla’s Chief Information Officer Nagesh Saldi is leaving the company days before it’s set to unveil a new robotaxi, Bloomberg reported citing people in…
Photo: Patrick Pleul/picture alliance (Getty Images) Don’t get me wrong, Tesla is still dominating the electric vehicle market, but control is quickly slipping. The Austin, Texas-based automaker handed over fewer vehicles than analysts expected during the third quarter of 2024 as more compelling competition comes online in China and Europe. It doesn’t help that most…