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Tesla (TSLA) Rolls Out its Safety Numbers ahead of a Make-or-Break EU Vote
Insider Monkey18d agoneutral
Tesla (TSLA) Rolls Out its Safety Numbers ahead of a Make-or-Break EU Vote

Tesla, Inc. (NASDAQ:TSLA) said its supervised Full Self-Driving technology recorded 4.1 times fewer collisions than manually driven Tesla cars across the five European countries where it is currently permitted, Reuters reported on September 1, as the company steps up lobbying ahead of a European Union vote on wider deployment. Tesla said the findings came from […]

Investing.com18d agoneutral
Goldman sees Cybercab giving Tesla a cost advantage in robotaxis

Investing.com -- Tesla’s Cybercab could give the company a cost advantage in the autonomous-vehicle market, but its ability to scale robotaxi operations will depend more on software performance than manufacturing costs, Goldman Sachs analysts said. Tesla hosted a Cybercab launch event in Austin on Sept. 3 and has begun offering robotaxi rides in the vehicle, according to the Goldman Sachs research note. The company said it had completed 1 million miles of unsupervised robotaxi operations. Tesla

Tesla (TSLA) Faces NHTSA Cybercab Safety Probe After Austin Robotaxi Rollout
Simply Wall St.20d agobearish
Tesla (TSLA) Faces NHTSA Cybercab Safety Probe After Austin Robotaxi Rollout

US National Highway Traffic Safety Administration opens investigation into Tesla (NasdaqGS:TSLA) Cybercab robotaxi safety compliance after commercial rollout in Austin, Texas. Probe centers on whether Cybercab vehicles without traditional steering wheels and pedals meet federal motor vehicle safety standards. Review focuses on Tesla's self-certification process and how the company addresses occupant safety in fully autonomous commercial service. Investigation outcome may affect regulatory...

Tesla (TSLA) Stock Trades Down, Here Is Why
StockStory20d agoneutral
Tesla (TSLA) Stock Trades Down, Here Is Why

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 6% in the afternoon session after U.S. safety regulators said they were evaluating the rollout of the company's new Cybercab, compounding a sell-the-news reaction to a launch event.

Self-Driving’s Next Task: Potholes
Barrons.com20d agoneutral
Self-Driving’s Next Task: Potholes

REVIEW On Monday, shares of Tesla jumped 5.5%, closing at $367.95, up 18% for the month after dropping 26% in July. Why the rise? There were no Wall Street upgrades or price-target changes. One Global exchange-traded fund co-founder Gary Black speculated investors might be anticipating the launch of Cybercab, Tesla’s robo-taxi, which lacks a steering wheel.

Volkswagen Targets 10% Margin by 2030 With €135B Plan, 50,000 Job Cuts
MarketBeat20d agobearish
Volkswagen Targets 10% Margin by 2030 With €135B Plan, 50,000 Job Cuts

Volkswagen (ETR:VOW3) said its Supervisory Board has unanimously approved the Group Target Picture 2030, a broad transformation plan aimed at improving profitability, reducing complexity and reshaping its production, technology and organizational footprint. Chief Executive Officer Oliver Blume said