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Mercedes Benz (XTRA:MBG) Unveils CLA 250 Plus To Take On Tesla Model 3
Simply Wall St.68d agoneutral
Mercedes Benz (XTRA:MBG) Unveils CLA 250 Plus To Take On Tesla Model 3

Mercedes-Benz Group (XTRA:MBG) has unveiled the revamped CLA 250+, a new luxury electric vehicle. The CLA 250+ is positioned as a direct competitor to Tesla's Model 3 in the premium EV segment. The model features an updated design, extended driving range, and a suite of advanced technologies. Mercedes-Benz Group is using the CLA 250+ to reinforce its presence in the growing luxury EV space, where established automakers and pure-play EV companies are competing for market share. The model...

Bloomberg68d agoneutral
Big Tech Needs to Justify AI Spending as Investors Dump Stocks

(Bloomberg) -- After last week’s wipeout in chips and the broader selloff in technology stocks, pressure is building for the biggest spenders on artificial intelligence to justify their expenditures to beleaguered traders with increasingly itchy fingers hovering over their sell buttons.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz

Investing.com69d agoneutral
Tesla stock: How much does an improved auto business matter?

Investing.com -- Tesla’s stronger automotive performance should improve near-term earnings and help finance its artificial intelligence investments, but Morgan Stanley and Barclays said Robotaxi, Full Self-Driving and Optimus remain the main drivers of the stock’s valuation.

Bank of America revamps Tesla forecast before earnings
TheStreet69d agoneutral
Bank of America revamps Tesla forecast before earnings

Tesla (TSLA) CEO Elon Musk, whom JPMorgan CEO Jamie Dimon once called “our Einstein", has had plenty on his plate lately. SpaceX’s (SPCX) latest Starship launch was aborted, sending the stock tumbling below its IPO price to $123.99 on Friday, 45% below its post-listing peak, according to ...

Tesla face 3 major headwinds heading into earnings report
TheStreet69d agoneutral
Tesla face 3 major headwinds heading into earnings report

Earlier this month, Tesla investors got some much-needed good news when the electric vehicle maker reported that it delivered more than 480,000 vehicles in the second quarter. The 25% year-over-year increase marked Tesla's best second-quarter performance, topping the 466,140 deliveries it reported ...

Waymo wears out its welcome in major U.S. city as mayor responds
TheStreet70d agoneutral
Waymo wears out its welcome in major U.S. city as mayor responds

Roadways in U.S. cities are gripped by gridlock, unsafe drivers, and too many vehicles, so most municipalities readily welcome any solution that could alleviate those issues. Autonomous driving companies see a future where roads are less congested and far safer, thanks to technology that takes ...

Yahoo Finance test drives Mercedes-Benz's new luxury EV, the CLA 250+
Yahoo Finance Video70d agoneutralVIDEO
Yahoo Finance test drives Mercedes-Benz's new luxury EV, the CLA 250+

Mercedes-Benz (MBG.DE, MBGAF) is shifting into high gear with a new luxury EV designed to better compete with Tesla's (TSLA) Model 3. Yahoo Finance Senior Autos Reporter Pras Subramanian comes on Market Domination Overtime to discuss his test driving of the new CLA 250+ electric sedan.