autonomous vehicles

Analysts say Tesla Inc‘s (NASDAQ:TSLA) stock could continue to slide after the lack of clear business plans for Robotaxis and no updates on the lower-cost production vehicle, following the highly anticipated Robotaxi Day on Thursday. The Tesla Analysts: Wedbush analyst Daniel Ives...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk said on Thursday that the company will deploy autonomous full self-driving (FSD) technology on its Model 3 and Model Y vehicles in Texas and California next year but there are seemingly multiple hurdles on the way before the company’s driverless vehicles...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has dreamed for years of having vehicles that don't require a driver and can take a passenger from one place to another. On Thursday, Musk's vision could be realized with the likely unveiling of the Tesla Robotaxi. However, a new survey finds that when it comes...

A Tesla Inc. (NASDAQ:TSLA) Robotaxi Day event could significantly impact Uber Technologies (NYSE:UBER) stock price and future valuation. Analysts outline both the bullish and bearish scenarios, explaining how Tesla’s event could benefit Uber’s long-term growth and boost the valuation of...

The highly anticipated Tesla Robotaxi Day from Tesla Inc (NASDAQ:TSLA) on Oct. 10 will likely see the unveiling of robotaxis and demos, but analysts think that several other unannounced items could be bigger catalysts for the stock. The Tesla Analysts: Cantor Fitzgerald analyst Andres Sheppard...

On Friday, Hyundai Motor Company (OTC:HYMTF) and Waymo by Google parent Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) announced in a joint statement that they have entered into a multi-year strategic collaboration. The initial phase involves integrating Waymo’s sixth-generation autonomous...

Editor’s Note: This story has been updated with a confirmation from Waymo. Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo is reportedly in talks with South Korean automaker Hyundai Motor for contract manufacturing its robotaxis. What Happened: Waymo officials have met with Hyundai...

General Motors' (NYSE:GM) autonomous driving unit Cruise said on Thursday that it is eyeing resuming operations of its robotaxis in California which was paused after the involvement of one of its driverless vehicles in a pedestrian accident late last year. What Happened: The company said that it...

The volatility that dominated markets in the early part of the month sharply reversed in the past week, driven by growing expectations of interest rate cuts that have bolstered investor risk appetite. The latest batch of inflation statistics for August have given the green light for the Federal...

Deutsche Bank analyst Edison Yu praised electric vehicle maker Tesla Inc (NASDAQ:TSLA) for its potential to reshape several sectors including robotaxis ahead of its highly anticipated Robotaxi Day on Oct. 10. The Tesla Analyst: Yu reinstated coverage of Tesla with a Buy rating and $295 price target...

Automotive research firm S&P Global Mobility said on Monday that it sees potential for autonomous driving to transform the way people move as advancements resume in autonomous vehicle (AV) technology in the U.S. after a two-year-long slowdown. What Happened: While advancements in the field of...

The highly anticipated robotaxi event for Tesla Inc (NASDAQ:TSLA) on Oct. 10 could unveil what the company's future vehicle will look like and key features such as a new report of reversible seats. What Happened: Originally scheduled for Aug. 8, the robotaxi day is among the most anticipated events...

Uber Technologies, Inc. (NYSE:UBER) and General Motors Company's(NYSE:GM) Cruise announced on Thursday a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform. The Details: The companies plan to launch the partnership next year with a dedicated number of Chevy...

Editor’s Note: This story has been updated to clarify that the issue affected an older version of ADS software that has since been updated. General Motors’ (NYSE:GM) autonomous driving unit Cruise is recalling 1,194 vehicles— the entirety of its U.S. fleet— previously equipped with...

China-based autonomous driving startup WeRide has reportedly postponed its plans for an initial public offering in the U.S. What Happened: The company is still preparing for its first-time share sale, Bloomberg reported, citing people familiar with the matter. The news comes days before the China...