It’s helping both of their stocks. Tesla plans to launch a self-driving robotaxi service at the end of 2025. Alphabet’s self-driving robotaxi company Waymo already operates in four cities—Phoenix, Los Angeles,
Prominent Tesla Inc. investor Ross Gerber has highlighted significant challenges facing the electric vehicle maker's Full Self-Driving system while praising competitor Waymo's autonomous driving technology.
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while Amazon's was marginally lower.
Elon Musk said there is a path for Tesla to become worth more than the next five most valuable companies combined. That’s Apple, Nvidia, Microsoft, Amazon.com, and Alphabet. Their market values total roughly $15 trillion.
Tesla emphasised its confidence in the future of artificial intelligence and full self-driving (FSD) technology, despite reporting a more than 70 per cent drop in net profit last quarter and revenue falling short of analysts' expectations.
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
In the autonomous vehicle race, Tesla's Full Self-Driving system remains at Level 2, requiring human supervision, while competitors like Alphabet's Waymo have been running regulated robotaxi ...
While investors fret about what the arrival of DeepSeek means for their all-in bet on American artificial intelligence dominance, they’re ignoring even bigger questions.
Waymo said it is launching fully driverless robotaxi rides for employees in Atlanta, an important step before the company opens the service up to members
In a move that could redefine the ride-hailing industry, Tesla has announced plans to launch its autonomous robotaxi service in Austin
Good morning! It’s Thursday, January 30, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
This week's action in the stock market has made clear that the S&P 500 has become a riskier play - despite its status as the benchmark for U.S. large-cap stocks - because it has become a highly concentrated growth index. But there is an easy way to cut this risk while still holding large-cap growth stocks in a low-cost index fund.