Electric vehicle (EV) sales in the U.S. reached record levels in the third quarter of 2024, with an 11% year-over-year increase, according to Kelley Blue Book. A total of 346,309 EVs were sold, marking a 5% jump from Q2 and bringing the EV market share to 8.9%, the highest on record. This is a significant…
On Thursday, co-founder and CEO of Tesla, Elon Musk, unveiled a long-awaited glimpse into the future with models for their new self-driving prototypes: the cybercab and the robovan. Also at the celebration was the new Tesla robot optimus, serving up drinks and engaging with the crowds. Whether or not the Optimus robot was actually fully…
On paper, Thursday night’s “We, Robot” event may have belonged to Tesla’s robotaxi, but the real star of the show was Optimus. Elon Musk’s humanoid robot wowed attendees as a half dozen or so navigated their way safely through the crowd at Warner Bros. studio lot in Hollywood entirely untethered. Just two years ago, the…
Tesla debuted its prototype Cybercab at Thursday’s “We, Robot” event in Los Angeles. Tesla stock fell more than 9% on Friday, reducing Elon Musk’s net worth. Though his net worth dropped by about $15 billion, Musk remains the world’s richest man. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
This week, Tesla once again surprised the tech world when its humanoid robot “Optimus” flirted with the crowd during the unveiling of the company’s robo-van. The robots astonished the audience by not only wandering among the attendees but also speaking with a human-like accent, using modern slang, and incorporating verbal pauses as if they…
We recently compiled a list of the 10 Most Promising Growth Stocks According to Hedge Funds. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other Most Promising Growth Stock According to Hedge Funds. Bull Market and Investor Sentiment Investors had been anxiously anticipating the start of a…
Investors were left with more questions than answers, it seems, following Tesla’s (TSLA) “We, Robot” robotaxi event on Thursday night. CEO Elon Musk unveiled a fully autonomous Cybercab from the Warner Bros. Studios lot in Los Angeles, a vehicle with design nods to the EV maker’s Cybertruck. The Cybercab is slated for a 2026 or…
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…
Uber (UBER) shares ticked higher on Friday after Tesla’s (TSLA) robotaxi event left investors largely disappointed. GLOBALT Investments senior portfolio manager Thomas Martin joins Market Domination Overtime to discuss the competition between the two and why Uber benefitted from the event. “Both Tesla stock and Uber reacted the way you would have expected given the…
Silicon Valley has invented the bus again. During last night’s Tesla “We, Robot” event company CEO Elon Musk showed off the new “Robovan” which he pronounced as “rub oven” for some reason. It looks like something straight out of an art deco nightmare, and it’s here to make public transit in your city even worse….