Tesla faces California sales ban
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Musk often brags about how his products are either changing the world now, or will do so in the future. One of his favorite recent topics is Tesla Robotaxi. Tesla has teased its Robotaxi program since Musk first mentioned it in 2016. As recently as last year, Musk claimed there would be 1 million of them on the road by 2025.
Tesla stock came under pressure on Wednesday after touching an all-time high earlier in the session, as investors reacted to fresh regulatory scrutiny in California that could complicate the company’s ambitions for self-driving technology.
Ross Gerber, a longtime Tesla investor and founder of Gerber Kawasaki Wealth & Investment Management, has become a Tesla bear. He’s betting Tesla won’t catch up to Waymo in the self-driving car race, citing the company’s failure to implement new technology along with its soiled reputation as reasons it is falling behind.
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Electric vehicles have always lived or died on their batteries, and the next leap in range and convenience will depend less on sleek sheet metal than on chemistry and physics. Nuclear diamond batteries,
The optimism centers around Chief Executive Officer Elon Musk’s aspiration to turn Tesla into a powerhouse in robotics and AI, the booming technology that has driven global stocks to record highs. The company’s push into autonomous vehicles has drawn praise from analysts, with some saying Tesla will be a “game changer” in this field.
Rivian revealed ambitious plans for fully autonomous driving, featuring an in-house chip, an in-car AI assistant, and a Tesla-like subscription model.
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Amazing Video Shows Tesla Optimus Teleoperator Taking Off Headset, Causing Robot to Stumble and Collapse
A new video appears to show a Tesla Optimus humanoid robot stumbling backwards after its teleoperator tried to take off their headset.
Tesla Inc.’s sales in California are poised to be suspended for 30 days if it doesn’t change its marketing practices that allegedly mislead consumers about its driver-assistance technology, the state’s motor vehicles department said.