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Jim Chanos Drops Reality Check On Cathie Wood's ARK Robotaxi Prediction: 'Isn't That 100%…'
Benzinga143d agobearish
Jim Chanos Drops Reality Check On Cathie Wood's ARK Robotaxi Prediction: 'Isn't That 100%…'

Short seller James Chanos has questioned investor Cathie Wood-led investment firm ARK Invest‘s prediction that Robotaxis could become a $34 trillion market by 2030. A Bold Prediction Quoting a post by Ark Invest on the social media platform X on Monday, Chanos questioned Ark’s approach. The investment firm shared that over 90% of the $34 trillion opportunity would be going to the “technology providers,” adding that Uber Technologies Inc. was also vying to be a part of the market and was investin

Buy, Hold or Sell Tesla Stock Below $400 in May 2026?
24/7 Wall St.143d agoneutral
Buy, Hold or Sell Tesla Stock Below $400 in May 2026?

Tesla (NASDAQ:TSLA) sits below $400 after a sharp slide from December’s $489.88 peak, making the question of what to do here both immediate and contested. Tesla makes electric vehicles, sells energy storage, and is pivoting its valuation entirely onto autonomy and humanoid robotics. The stock now trades on Robotaxi miles, FSD subscriber growth, and Optimus ... Buy, Hold or Sell Tesla Stock Below $400 in May 2026?

Electric Vehicles Update - Onsemi Advances in Semiconductor Solutions for Automotive Innovation
Simply Wall St.143d agoneutral
Electric Vehicles Update - Onsemi Advances in Semiconductor Solutions for Automotive Innovation

Recent developments in the electric vehicle (EV) sector highlight onsemi's advancements in semiconductor solutions crucial for automotive applications. The company's latest quarterly results reveal significant growth in their AI data center business and notable progress in 900V EV architectures, enhancing vehicle performance with extended range and rapid charging. Collaborations with automotive giants like Geely and NIO further exhibit evolving partnerships that push the boundaries of EV...

Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?
24/7 Wall St.143d agoneutral
Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?

Alphabet (NASDAQ:GOOGL) just rewrote what a Mag 7 quarter is supposed to look like. EPS of $5.11 against a $2.63 estimate, a 94% surprise, paired with revenue of $109.90B (+22% YoY) and Google Cloud growth of 63%. The stock has rallied 30% in the past month, validating the report. That is the bar. Below, we count ... Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?

Tesla Recalls 219,000 Cars. Why the Stock Is Rising.
Barrons.com143d agobearish
Tesla Recalls 219,000 Cars. Why the Stock Is Rising.

Tesla stock rose early Wednesday as the electric-vehicle maker recalled 218,868 cars to correct a rearview camera issue. Tesla shares were up 0.4% at $390.80, while and futures were up 0.8% and 0.9%, respectively. Benchmark oil prices were down 8% at just over $101 per barrel in early trading.

Investing.com143d agoneutral
SpaceX plans $55 billion semiconductor facility in Texas

Investing.com -- SpaceX is proposing to invest $55 billion to build a semiconductor production facility in Texas, according to a Bloomberg report that cites a public notice posted on the Grimes County website Wednesday.

SpaceX files plan for $55 billion Terafab chip facility in Texas
Reuters143d agoneutral
SpaceX files plan for $55 billion Terafab chip facility in Texas

Elon Musk's SpaceX has proposed an initial investment of $55 billion to build a semiconductor manufacturing facility, called Terafab, in Texas, according to a ‌filing made public on Wednesday. SpaceX is also targeting a June IPO that could value the company at around $1.75 trillion. Musk has been tightening integration of AI efforts across his companies, with SpaceX acquiring his startup xAI earlier this year in a deal focused on building space-based data centers ‌for artificial intelligence processing.

Tesla FSD hits major speedbump with EU regulators
TheStreet143d agoneutral
Tesla FSD hits major speedbump with EU regulators

Last month, Tesla took the first step towards getting Full Self-Driving (Supervised) approved across the European Union, following the Netherlands' approval of its use on its streets. Getting a foot in the door was supposed to be the hardest part of the process, because once one of the economic ...

Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms
Reuters143d agobullish
Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms

Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO ‌RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in ‌robotaxis designed by Alphabet's Waymo.

Elon Musk Says Humanity Cannot Be Multiplanetary Without Reusable Rockets, Draws Parallel To US Colonization
Benzinga144d agoneutral
Elon Musk Says Humanity Cannot Be Multiplanetary Without Reusable Rockets, Draws Parallel To US Colonization

SpaceX CEO Elon Musk on Sunday said that the importance of reusable rockets was crucial for humans to become a multiplanetary civilization amid the billionaire’s Mars colonization goals. Cannot Become Multiplanetary Without Reusable Rockets Responding to a post by Tesla Owners Silicon Valley, which shared that SpaceX had reduced costs per kg to orbit by 500x from approximately “$54,500 (Shuttle era) to ~$1,500.” Everyone obsesses over Starship's height and thrust.The number that actually matters

Tesla's 'fundamental approach' to robotaxis gives it an edge over Waymo
Yahoo Finance Video144d agoneutralVIDEO
Tesla's 'fundamental approach' to robotaxis gives it an edge over Waymo

Tesla (TSLA) has reached its next phase in its robotaxi business, as its autonomous vehicles are now operating in Austin, Texas, unsupervised at night. This comes as the EV maker pushes to catch up with other robotaxi developers like Waymo, which is a subsidiary of Google parent company Alphabet (GOOG, GOOGL), and rideshare operators like Uber (UBER). Envorso founder and chairman Adrian Balfour comments on how Tesla's development process on its robotaxi vehicles differs from Waymo and what can ultimately set it apart from these competitors.

European FSD Decisions Test Tesla Valuation And Software Growth Hopes
Simply Wall St.144d agoneutral
European FSD Decisions Test Tesla Valuation And Software Growth Hopes

Tesla (NasdaqGS:TSLA) is seeking broader European approval for its Full Self-Driving (FSD) system after securing initial clearance in the Netherlands. Regulators in Flanders have shown interest in the technology, while several other EU countries are cautious due to safety concerns. Upcoming EU hearings and regulatory discussions are expected to shape how and where Tesla can offer FSD features across the region. For Tesla, FSD is a core software product that sits alongside its electric...

Forget The Avis (CAR) Q1 EPS Miss, Watch The 15-Year Fleet Record
Trefis144d agobearish
Forget The Avis (CAR) Q1 EPS Miss, Watch The 15-Year Fleet Record

Avis Budget Group (CAR) reported a first-quarter earnings per share (EPS) loss of $8.01, significantly deeper than the consensus estimate. While the headline loss suggests a business retreat, a singular operational metric of 70% vehicle utilization reveals a fundamental pivot in the company's capital strategy.

Tesla vs Ford: One Is a Disrupter While One Is Quietly Building Legacy
24/7 Wall St.144d agoneutral
Tesla vs Ford: One Is a Disrupter While One Is Quietly Building Legacy

Tesla (NASDAQ: TSLA) and Ford (NYSE: F) just reported first quarter results that crystallize the EV split. Tesla leaned into autonomy, AI compute, and humanoid robots while squeezing more margin from its existing fleet. Ford leaned on F-Series trucks, commercial fleets, and software subscriptions to bankroll a costly EV reset. Same industry, very different playbooks. ... Tesla vs Ford: One Is a Disrupter While One Is Quietly Building Legacy

Tesla's supervised self-driving software could be up for approval in Belgian region
Reuters144d agoneutral
Tesla's supervised self-driving software could be up for approval in Belgian region

Tesla's aim to roll out its supervised "full self-driving" software in Europe got a boost from ‌Belgium on Tuesday, where the Flanders region said it was ‌looking into whether it can quickly adopt it following approval in the Netherlands. The Netherlands' regulator ​provisionally approved the use of the software on Dutch roads last month, making it the first country in the EU to allow the software, which can control a car but requires drivers to pay attention. Annick De Ridder, ‌the transport minister for ⁠Flanders, the mainly Dutch-speaking half of Belgium which borders the Netherlands, said in a post on X that she ⁠had asked Tesla to provide documents so as to possibly follow suit in her region.