autonomous vehicles

General Motors’ (NYSE:GM) autonomous driving unit Cruise has appointed Marc Whitten as its new Chief Executive Officer (CEO) as it seeks to resume its robotaxi operations after a suspension that lasted several months. What Happened: Cruise said on Tuesday that Whitten, a founding engineer at...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo said on Tuesday that its autonomous ride-hailing service called Waymo One is now open to everyone in San Francisco around the clock, making it the second city where anyone can simply download the app and hail an autonomous car to get...

RBC Capital Markets lowered its price target on Tesla, Inc. (NASDAQ:TSLA) from $293 to $227 Thursday, based on a lower robotaxi segment valuation. Another analyst sees Tesla’s upcoming Robotaxi day boosting a competitor. Robotaxi Valuation Adjustment: RBC Capital assigned a $414 billion...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo released a safety report on Tuesday pegging its autonomous driving technology as better than a human driver, resulting in fewer crashes that cause injuries or even police-reported crashes in San Francisco and Phoenix. What Happened: Had a...

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) hosted its annual shareholders meeting Thursday, June 13 with a limited in-person event that was also livestreamed to the public. After the results of the shareholder voted on items were read, CEO Elon Musk shared a company update. What Happened: Musk...

Editor’s Note: This story has been updated to reflect that Waymo is a subsidiary of Alphabet Inc. Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo is recalling about 672 of its self-driving vehicles after identifying their inability to avoid a pole or pole-like objects. What Happened: The...

Ark Invest CEO and founder Cathie Wood may be best known for her 2018 price prediction on Tesla Inc (NASDAQ:TSLA) shares. The price prediction was heavily scrutinized but came true years later and helped boost the profile of Wood and the price of many Ark Invest ETFs. Wood and Ark are back with an...

Amazon.com Inc.’s (NASDAQ:AMZN) self-driving car unit Zoox on Wednesday said it will soon begin testing in Austin, Texas, and Miami. What Happened: The two cities will mark the fourth and fifth public testing locations for Zoox. The company started in San Francisco in 2018 and has since...

Snapshots from a short video shared by Tesla Inc (NASDAQ:TSLA) earlier this week are now being circulated on social media as possible glimpses of the company’s upcoming robotaxi product. What Happened: Tesla on Monday shared a video urging shareholders to vote for CEO Elon Musk‘s 2018...

A U.S. auto safety regulator has commenced an investigation into Amazon.com‘s (NASDAQ:AMZN) automated Zoox vehicles, owing to concerns about its sudden braking leading to collisions. What Happened: The National Highway Traffic Safety Administration (NHTSA) said that it was...

Leading electric vehicle company Tesla Inc (NASDAQ:TSLA) could be putting more emphasis on highlighting its driver-assistance tools. According to an analyst, Tesla's full self-driving (FSD) software and potential remain robust. The Tesla Analyst: Piper Sandler analyst Alexander Potter had an...

Shares of electric vehicle leader Tesla Inc (NASDAQ:TSLA) have fallen in 2024 and could see continued downward pressure after recently reporting disappointing first-quarter production and delivery figures. An analyst gives insights on the company’s direction after the recent delivery report....

Reports of electric vehicle company Tesla Inc (NASDAQ:TSLA) abandoning plans for a $25,000 vehicle were one of the key headlines last week. An analyst breaks down what the reported decision could mean and how the company's robotaxi strategy could be more important. The Tesla Analyst: Deutsche Bank...

Self-driving features from electric vehicle company Tesla Inc (NASDAQ:TSLA) have been said to be a future catalyst for growth, but have also led to controversy and lawsuits. Tesla CEO Elon Musk is taking another step towards adoption of the driver-assist features, making sure all new vehicle buyers...

A Reddit post on r/stocks by user divine-intervention7 brought Redditors’ attention to Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo. It raised the question of whether the autonomous driving technology company’s potential is underrated. Specially, now that Google is in the...