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WattEV orders 370 Tesla Semis in record California EV deployment
FreightWaves142d agoneutral
WattEV orders 370 Tesla Semis in record California EV deployment

The long-awaited Tesla Semi has landed a major order. WattEV announced Tuesday at ACT Expo that it ordered 370 Tesla Semi Class 8 electric trucks. Deliveries of the first 50 Semis will begin in 2026. Once complete by the end of 2027, the deployment will be the largest single electric truck deployment in California. The […] The post WattEV orders 370 Tesla Semis in record California EV deployment appeared first on FreightWaves.

Rivian gets serious about challenging Tesla FSD with latest move
TheStreet142d agoneutral
Rivian gets serious about challenging Tesla FSD with latest move

Rivian is getting proactive about its future as it looks to chip away at the electric vehicle market that is dominated by Tesla. To catch its rival, Rivian understands that to compete with Tesla, it must be more than just a car company; it must also be a technology leader. Many of its recent ...

Elon Musk Is Dissolving xAI. What That Means.
Barrons.com142d agoneutral
Elon Musk Is Dissolving xAI. What That Means.

Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and value the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”

Tesla Stock Cracks $400. How China Is Helping.
Barrons.com142d agoneutral
Tesla Stock Cracks $400. How China Is Helping.

Tesla stock is rising again on Thursday, now back above $400 a share. Shares of the electric vehicle maker were up by 1.8% at $405.70 in premarket trading. Tesla sold 79,478 vehicles from its Shanghai plant, including exports, in April, up 36% year over year, according to Chinese industry data providers.

Alibaba Group (BABA) Continues To Be A Top Cloud Computing Choice For Investors
Insider Monkey142d agoneutral
Alibaba Group (BABA) Continues To Be A Top Cloud Computing Choice For Investors

Alibaba Group Holding Limited (NYSE:BABA) is one of the 8 Best Cloud Computing Stocks To Buy In 2026. On April 16, Robin Zhu, an analyst at Bernstein, lowered the firm’s price target on Alibaba Group Holding Limited (NYSE:BABA) from $190 to $180 while maintaining a Buy rating. A day before the price target cut, Bloomberg […]

Latest News In Energy Transition - Transformers Market Growth Driven By Grid Modernization And Innovation
Simply Wall St.142d agoneutral
Latest News In Energy Transition - Transformers Market Growth Driven By Grid Modernization And Innovation

The global transformers market is poised for significant growth, anticipated to reach USD 113.0 billion by 2036, up from USD 62.2 billion in 2026, driven by a compound annual growth rate (CAGR) of 6.2%. This expansion is fueled by key developments in grid modernization, renewable energy advancements, and the burgeoning demand for electric vehicle charging infrastructure. With Asia-Pacific currently leading the market due to extensive industrialization, regions like North America are expected...

Tesla Investor Ross Gerber Says Gas Prices 'Don't Matter' To Millions Of EV Owners: 'Go Get One'
Benzinga142d agoneutral
Tesla Investor Ross Gerber Says Gas Prices 'Don't Matter' To Millions Of EV Owners: 'Go Get One'

Investor Ross Gerber of the investment firm Gerber Kawasaki has urged drivers to opt for EVs in view of the Iran war that has led to surging gas prices across the U.S. Gas Prices Won’t Come Down In a post on X on Tuesday, Gerber outlined the benefits of EVs over gasoline-powered vehicles. “Gas prices don't matter to the 10 mil people that own a tesla,” he said in the post. He added that there were several options for “great EVs” available from dealers, as well as in the used markets. “Go get one

Is It Too Late To Reassess Tesla (TSLA) After A 40% One Year Run?
Simply Wall St.142d agoneutral
Is It Too Late To Reassess Tesla (TSLA) After A 40% One Year Run?

Wondering whether Tesla's current US$398.73 share price offers good value, or whether expectations are running ahead of reality? This article breaks down what the numbers actually say. The stock has returned 4.5% over the last 7 days and 15.0% over the last 30 days, while the 1 year return sits at 40.0% and the 3 year and 5 year returns are 131.7% and 109.2% respectively, with a year to date return of a 9.0% decline. Recent headlines around Tesla have focused on ongoing debates about...

Bloomberg142d agoneutral
Humanoid Robots to Drive Next Leg of China Export Dominance

(Bloomberg) -- China’s early lead in humanoid robots will help power the next phase of its global manufacturing and export dominance, according to new research from Morgan Stanley. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran Weigh Potential Deal as Trump Seeks Way Out

Tesla rare mistake prompts it to recall thousands of U.S. vehicles
TheStreet142d agobearish
Tesla rare mistake prompts it to recall thousands of U.S. vehicles

Tesla has built its brand on the idea that software is a strength, not a vulnerability. A recall confirmed May 6 is a reminder that the gap between those two things can close quickly. The National Highway Traffic Safety Administration (NHTSA) confirmed that 218,868 Tesla vehicles are being recalled ...

'Uber won': Why Instacart might not stand a chance
Yahoo Finance Video143d agoneutralVIDEO
'Uber won': Why Instacart might not stand a chance

Uber (UBER) and Maplebear (CART) (Instacart's parent company) both reported quarterly earnings on Wednesday. BNP Paribas US large-cap internet equity analyst Nick Jones joins Yahoo Finance's Josh Lipton to discuss the key differences between the two companies and why he thinks Uber has much more room to run.

Tesla’s Robotics Push And Robotaxis Test Valuation Against Rising Safety Risks
Simply Wall St.143d agoneutral
Tesla’s Robotics Push And Robotaxis Test Valuation Against Rising Safety Risks

Tesla has started large scale production of its Optimus humanoid robot, which CEO Elon Musk has described as potentially the company's biggest product. The company is expanding unsupervised robotaxi operations across Texas, building on its Full Self Driving (FSD) technology. European regulators are reviewing the safety of FSD as Tesla seeks broader deployment in the region. In the U.S., Tesla has recalled more than 218,000 vehicles due to a rearview camera issue. Tesla, NasdaqGS:TSLA, is...

Tesla, Meta, Microsoft Investors May Need A 'Self-Destruct' Switch, Not Blind Faith
Benzinga143d agoneutral
Tesla, Meta, Microsoft Investors May Need A 'Self-Destruct' Switch, Not Blind Faith

Investors piling into the AI trade may need something less glamorous than another price target, product demo or promise about the future: a rule for when to stop trusting their favorite market narrative. That is the central argument from the investing blog Capital Blueprint, helmed by an independent market commentator using the name Jin, who says investors should build what Jin calls a "self-destruct chip" into their AI framework — clear conditions that force them to stop trusting a favorite nar

Nio Inc (NIO) Goes After Tesla’s Lunch Again
Insider Monkey143d agoneutral
Nio Inc (NIO) Goes After Tesla’s Lunch Again

Nio Inc (NYSE:NIO) is one of the best large cap penny stocks under $10 to buy now. On April 28, Nio Inc (NYSE:NIO) launched its L80 model and immediately opened pre-orders for the car. The L80 is a two-row, 5-seat SUV that runs on battery power like all Nio cars. But the L80 is produced […]

Ford Exits EVs As Toyota Move In
24/7 Wall St.143d agoneutral
Ford Exits EVs As Toyota Move In

Ford (NYSE: F) left the EV business for dead earlier this year. It does appear it will enter again, on a small scale, next year. At the same time, Toyota (NYSE: TM), which sells about as many cars in the US as Ford does, is pressing to expand its EV fleet. Someone is making a ... Ford Exits EVs As Toyota Move In