Tesla Inc. CEO Elon Musk has announced that all of the company’s factories will start producing the new Model Y vehicle in February. However, this launch will result in several weeks of lost production in the first quarter due to retooling of factories.
Elon Musk Rejects LiDAR Technology, Citing Human Vision as a Guide
Elon Musk, CEO of Tesla Inc., has reiterated his criticism of LiDAR technology, stating that it is not necessary for self-driving cars. Musk believes that human vision is a better guide for autonomous driving, and that cameras and digital neural nets are sufficient for navigating roads.
Tesla Predicts 50% Jump in Energy Storage Deployments for 2025 Following Q4 Revenue Doubling
Tesla Inc. has reported a significant 113% increase in revenue from its energy generation and storage segment for the fourth quarter. This growth was achieved despite an 8% decline in automotive revenues.
Elon Musk Relieved by Low Uptake of Tesla's FSD Subscription Service
Tesla Inc CEO Elon Musk has announced that the company will likely have to update hardware for customers whose vehicles are equipped with an older version of the AI hardware called Hardware 3, in order to achieve fully unsupervised autonomous driving with full self-driving (FSD) driver assistance software.
Tesla Sees 5% Stock Surge After Hours Despite Q4 Revenue Shortfall, Fueled by FSD and New Vehicle Commitments
Despite a Q4 revenue shortfall, Tesla’s stock rose as much as 5% after hours due to promises of launching new and more affordable models in the first half of 2025. The company also announced plans for the deployment of autonomous vehicles and the licensing of its full self-driving (FSD) driver assistance software to rivals.
Gary Black: Tesla's June Robotaxi Launch is 'Most Bullish' Announcement, But Raises Questions on Auto Margins and Future EV Plans
Tesla’s announcement of a June launch for its paid autonomous ride-hailing service in Austin has been hailed as a bullish development by investor Gary Black. However, Black also expressed concerns about the company’s automotive margins and the design of its upcoming affordable electric vehicle.
Tesla to Sell Optimus Robot to Competitors by 2026, with Projected Revenue Over $10 Trillion
Tesla Inc. is set to revolutionize the robotics industry with its Optimus humanoid robot. According to CEO Elon Musk, the company plans to produce several thousand units of the robot this year, which will be deployed in its own factory. This will inform the production of the next version of the robot, slated for launch in 2026, and will likely be sold to rival companies.
Wall Street's Top Analysts Revise Tesla Q4 Predictions Ahead of Earnings Report
Tesla, Inc. is set to release its fourth-quarter financial results after the closing bell on Wednesday, January 29, 2025. Analysts expect the company to report quarterly earnings at 74 cents per share, up from 71 cents per share in the year-ago period. Additionally, Tesla projects quarterly revenue of $27.13 billion, compared to $25.17 billion a year earlier.
Tesla Achieves Unsupervised Full Self-Driving Capability from Factory to Loading Docks
Tesla has announced a significant breakthrough in its full self-driving (FSD) technology, marking a crucial step towards large-scale unsupervised FSD capabilities. The company’s vehicles can now autonomously navigate from the factory to designated loading dock lanes without human involvement.
Tesla's $30K EV May Fall Flat, Warns Gary Black, Citing Cannibalization Fears Without Innovative Compact Design
Tesla Inc. is planning to release a $30,000 electric vehicle, but according to Gary Black, managing partner of The Future Fund LLC, this new EV may fall flat if it doesn’t introduce a new compact form factor.