Investor Gary Black is cautioning against setting unrealistic expectations for Tesla’s Optimus robot program. This warning has sparked a debate about the electric vehicle maker’s valuation metrics and growth prospects. As the discussion unfolds, it highlights the complexities of predicting the impact of new technologies on a company’s financial performance.
How Tesla Stacks Up Against Its Auto Industry Competitors
Tesla is a key player in the auto industry, specializing in battery electric vehicles and autonomous driving software. The company has a diverse fleet of vehicles, including luxury and mid-size sedans, crossover SUVs, light trucks, and semi-trucks. Additionally, Tesla is working on more affordable vehicles, sports cars, and a robotaxi. In 2024, the company delivered nearly 1.8 million vehicles worldwide.
Musk Forecasts Tesla's FSD to Exceed Human Driving Safety by Q2 2025
Tesla Inc. CEO Elon Musk has expressed his optimism that the company’s full self-driving (FSD) driver assistance technology will exceed human driving capabilities in terms of safety by the second quarter of 2025. Musk stated that the technology will not only drive better than an average human driver but also become 10 times safer over time, ultimately reducing accidents to zero.
Tesla Directors Win Court Approval for Excess Pay Settlement Agreement
Tesla Inc. directors, including Chair Robyn Denholm, have received court approval for a settlement to resolve allegations of excess pay. The settlement is the result of a lawsuit brought forth by the Police and Fire Retirement System of the City of Detroit in 2020.
Tesla Now Offering Higher-End Cybertruck Models Beyond Foundation Series
Tesla’s US inventory now features non-foundation series Cybertrucks, in addition to the premium foundation series. The foundation series refers to a limited edition of the Cybertruck, complete with laser-etched badges and premium accessories.
Tesla's Cybertruck Saves Investor Ross Gerber from California Wildfires
A devastating wildfire tearing through Los Angeles’s Pacific Palisades neighborhood has highlighted an unexpected hero: Tesla’s Cybertruck. Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, praised the vehicle’s capability during the crisis.
MKBHD Names Tesla FSD Top Assisted Driving System, Cites Imperfections
Popular tech YouTuber Marques Brownlee, also known as MKBHD, has ranked Tesla’s Full Self-Driving (FSD) technology as the best among various assisted driving systems. In a recent video, Brownlee tested FSD technology from Tesla, as well as other systems from Ford, General Motors, Mercedes Benz, and BMW.
Las Vegas Police: Tesla Cybertruck Explosion Near Trump Hotel Involved ChatGPT in Planning
A Tesla Cybertruck explosion occurred outside the Trump International Hotel in Las Vegas on New Year’s Day, resulting in the death of the driver. The incident has been linked to the use of ChatGPT in planning the explosion.
Elon Musk Announces xAI's Grok Chatbot Coming Soon to Tesla Cars
Tesla Inc. CEO Elon Musk has announced that the Grok chatbot, developed by his artificial intelligence startup xAI, will be integrated into Tesla vehicles soon. This integration will enable users to interact with their Tesla cars using voice commands, asking for anything they need.
Tesla's High-Stakes Future: Can Optimus, Robotaxi, and FSD Overcome Execution Risks?
As investors focus on long-term catalysts like FSD, robotaxis, and Optimus, Tesla’s stock has seen significant growth in 2024. Despite short-term concerns, such as a potential fourth-quarter delivery miss, the company’s future prospects remain a topic of interest.