It seems to be working. Elon Musk wants to rebrand Tesla as an AI company. It seems to be working. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation,
Tesla shares rose about 3% before the bell on Thursday as plans to roll out cheaper electric vehicles and paid autonomous car services by the automaker that missed Wall expectations for fourth quarter lifted investor sentiment.
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
By Lawrence Delevingne and Amanda Cooper BOSTON/LONDON (Reuters) -Wall Street shares advanced on Thursday as investors cheered updates from Meta and Tesla , while gold hit a record and the U.S. dollar advanced on potential tariffs.
Tesla's earnings report and call Wednesday shed light on the electric vehicle maker's plans for new versions of its self-driving software and its humanoid robot, Optimus.
Tesla's earnings call is today at 5:30 pm ET. TSLA stock heads into the report down 1.4% YTD. Analysts are focused on self-driving and robotaxis.
On Monday, Tesla (TSLA, Financial) shares were reiterated as "Overweight" by the investment bank Morgan Stanley Which cited the company's important role in the burgeoning field of embodied ...
While new developments from Chinese AI startup DeepSeek sparked a tech rout, a renewed market focus on AI and its permutations may be good news for Tesla.
On Monday, Morgan Stanley (NYSE:MS) reaffirmed its Overweight rating and $430.00 price target for Tesla stock (NASDAQ:TSLA), highlighting the company's potential in the growing field of embodied artificial intelligence (AI). The stock, currently trading at ...
The other tidbit that seems to have investors very excited is Musk’s promise that the company’s Cybercab Robotaxi, which we saw at a preview event last year, will go into volume production and start a paid passenger-carrying service in Austin, Texas, in June 2025. No additional detail on the service, or the vehicle itself, was provided beyond that.
(Reuters) -Tesla shares rose about 3% before the bell on Thursday as plans to roll out cheaper electric vehicles and paid autonomous car services by the automaker that missed Wall expectations for