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Cybertruck production will continue through summer 2027. Finland’s approval of Tesla’s driver-assistance software carries bigger implications.
Musk said last week that the EV giant will halt production of the Cybertruck at its Gigafactory in Texas to make way for the company’s dedicated robotaxi offering called the Cybercab.
Tesla (NasdaqGS:TSLA) and SpaceX have each formed special committees to evaluate a potential all-stock merger, according to a new report. The review coincides with Tesla’s next-generation Roadster unveiling, which has fueled fresh questions about SpaceX technology being incorporated into the vehicle. Industry analysts are split, with some highlighting possible shareholder dilution and others focusing on potential cross-company use of rocket, chip, and communication tech. The possible Tesla...
Finland just handed Tesla a green light for its driver-assistance software, but the fine print on speed settings and a pending EU committee vote could shape what comes next. Meanwhile, two rivals are heading in a different direction, and one analyst keeps cutting.
Tesla's current, more conservative statement on its robotaxi could be setting the stock up to outperform.
Elon Musk spent five days promising Cybertruck refunds, an extra shift, a moon factory, a Friday rocket catch and a chip plant he agreed could cost $1 trillion, and nobody has said which shareholders pay for it. Tesla rose 6% through it. Here is what the week did to a retiree's 1,000 Tesla shares, and the hold-or-trim math with the tax bill.
Tesla (TSLA) just confirmed it will wind down Cybertruck production at Gigafactory Texas by mid 2027, refunding many deposits as it clears the backlog and redirects capacity toward the Cybercab robotaxi program. Tesla shares now trade at US$379.78, with a 90 day share price return of 16% that contrasts with a year to date share price decline of 13%. The 3 year total shareholder return of 60% highlights how longer term holders have still seen sizeable gains despite the past year’s 14% fall in...
Tesla Inc. CEO Elon Musk said the automaker will refund Cybertruck deposits to many customers as it prepares to wind down production of the electric pickup, rejecting reports that the decision stems from unprofitability. Musk Rejects Reports Of Cybertruck Unprofitability...
Lucid missed on both revenue and earnings, yet investors rushed in anyway. Behind the rally sits a Saudi backer, a shrinking cash burn, and a risky dependence that Rivian and Tesla avoid.
Monday's 5.54% gain meets limited detail on fleet size, service area and safety monitors in Tesla's newest driverless market.
ETFs bought $96.8 million of Tesla stock on Friday, Nov. 6.
Musk says Tesla will refund many Cybertruck deposits and add a shift before the line closes in about eight months.
Key TakeawaysTesla shares rose 5% as its robotaxi service reached San Antonio and Elon Musk said Cybertruck orders outrun production. Tesla is turning away truck buyers to make room for the Cybercab.
Host Kevin Kelly, Kelly Intelligence Founder, CEO, and CCO, and his panel of experts weigh in on Nvidia's (NVDA) Jensen Huang alleged affair with a Chinese spy, plus Tesla (TSLA) CEO Elon Musk, confirming the company will refund deposits to many Cybertruck reservation holders because outstanding orders exceed remaining production capacity Today's panel includes Julie Biel, Kayne Anderson Rudnick, Chief Market Strategist, Portfolio Manager & Senior Research Analyst; Michael Monaghan, Founder, ETFs Partner and Portfolio Manager; and Dave Nadig, ETF.com president.
Elon Musk just admitted Tesla can't build enough Cybertruck orders to go around, yet investors cheered anyway. Meanwhile, Lucid heads into a pivotal earnings report with a cash-burn problem that could erase its recent run.