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.
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.
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 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
Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s policies as a primary driver of market volatility this year,
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.
Elon Musk has outlined an aggressive timeline for Tesla’s long-awaited robotaxi service, projecting a fully autonomous ride-hailing network in some California cities by the end of 2025. The announcement came during Tesla’s latest earnings call on Wednesday,