Volvo announces the EM90 electric minivan
Volvo has officially announced the electric EM90 minivan. The EM90 will only be available in China at launch, and is expected to come with a driving range of up to 450 miles (724km) using the […]
Tesla Increases R&D in 2023, Exceeding Capex Spending of $9B
Tesla has increased spending on research and development (R&D) in 2023. The company reported that its capex spending will exceed $9 billion. Tesla expects to spend between $7 billion to $9 billion in each of […]
Tesla argues in court Autopilot not connected to fatal crash
Tesla has argued that its Autopilot system was not responsible for the fatal crash in which it is facing its first trial on its autonomous driving offering. Instead, Tesla’s legal team says the accident was caused by “classic […]
Morgan Stanley predicts Tesla’s Dojo supercomputer could add $500 billion to market value
Tesla’s Dojo supercomputer could become a game-changer for the company, potentially adding as much as $500 billion to their market value, according to Morgan Stanley. This prediction is rooted in the belief that Dojo’s capabilities […]
Tesla (TSLA) Should Be Traded Like Tech Stocks, Says Cathie Wood
Tesla (TSLA) should be valued like a tech company, and in trading it, treat the stock accordingly, says the founder and CEO of ARK Invest. Cathie Wood points out that Tesla robotaxis could be “the […]
Tesla New-Gen FSD Chip (HW5) May Be Supplied by Samsung: Report
Samsung is Tesla’s favorite to supply the next-generation chip (HW5) for autonomous driving, according to a report. The head of the company met with Elon Musk in late spring to discuss expanding cooperation in various […]
Tesla Will Get Access to up to $20B in Revenue Thanks to NACS Deals, Says Wedbush
Tesla will gain access to up to $20 billion in revenue through recent NACS deals with automakers, Wedbush said. The firm believes this, as well as the energy business, Al-driven autonomous path, unmatched battery ecosystem, […]
Pony.ai and Toyota join forces for mass production of driverless robotaxis
Pony.ai has announced it is teaming up with Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC) to form a joint venture bring fully driverless robotaxis into mass production and […]
Cruise expands testing and data collection to Miami
Cruise, the autonomous driving division of General Motors has started initial testing and data collection in Miami, marking a another step in the company’s expansion beyond its home base in San Francisco. The first phase […]
US Transportation Secretary says Tesla shouldn’t call it Autopilot because the software requires driver attention
Tesla’s decision to call its driver-assist software Autopilot has been the topic of conversation for years, with many saying it is misleading because it doesn’t make the car fully autonomous. The latest to echo that […]
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