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Ford's new EV truck Fathom to be priced starting at about $28,000
Reuters9d agoneutral
Ford's new EV truck Fathom to be priced starting at about $28,000

DETROIT, Aug 6 (Reuters) - Ford Motor said on Thursday that its upcoming midsize electric pickup truck would ‌be priced starting at about $28,000 and named Fathom, as the ‌Michigan automaker looks to offer an affordable model in a market full of ​pricey EVs. • Ford has approached development and manufacturing of this vehicle from the ground up, assembling a specialized team in California aimed at competing with rivals like Tesla and China's BYD.

Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret
Reuters9d agoneutral
Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret

Aug 6 () - Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU. But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or how it evaluated the technology, which for years has faced regulatory investigations and lawsuits over FSD-involved crashes in the United States.

Tesla Stock Rises as It Seeks to Tap Massive Self-Driving Market
Barrons.com9d agobearish
Tesla Stock Rises as It Seeks to Tap Massive Self-Driving Market

Tesla stock rose modestly early Thursday as it continues to work toward European approval for its Full Self-Driving driver-assistance product, which could unlock a new stream of earnings for the car maker. The move comes after Reuters reported that the Netherlands is keeping secret the data it used to approve FSD in the country, which could pose an issue for wider adoption in the European Union. FSD is Tesla’s highest-level driver assistance product that can do most of the driving most of the time.

Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret
Reuters9d agoneutral
Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret

Aug 6 () - Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU. But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or how it evaluated the technology, which for years has faced regulatory investigations and lawsuits over FSD-involved crashes in the United States.

Waymo CEO takes a not-so-subtle shot at Tesla Robotaxi over Lidar
TheStreet9d agoneutral
Waymo CEO takes a not-so-subtle shot at Tesla Robotaxi over Lidar

Whether it's regulators or industry experts, the consensus about Lidar seems to be that Level 4 autonomous driving platforms are incomplete without it. Tesla is not part of that consensus, as CEO Elon Musk has called light detection and ranging driver-assistance an “expensive and unnecessary” ...

Tesla (TSLA) Targets 1 Million Optimus Robots A Year
Simply Wall St.9d agoneutral
Tesla (TSLA) Targets 1 Million Optimus Robots A Year

Tesla (NasdaqGS: TSLA) CEO Elon Musk outlined a target of producing 1 million Optimus humanoid robots per year, tying the company's long term focus more tightly to robotics. Musk said Optimus could eventually account for about 80% of Tesla's value and suggested this shift could position Tesla as the world's most valuable company. He linked his own compensation to the successful large scale deployment of Optimus, signaling a focus on this project for Tesla's leadership. Tesla is not the only...

Bloomberg10d agoneutral
AI’s Volatile Power Demand Is Damaging Its Own Data Centers

(Bloomberg) -- Artificial intelligence’s tremendous hunger for electricity is already well known. What’s less familiar is how the rapid fluctuations in data centers’ appetites can break essential equipment at the facilities.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowSpaceX’s $101 Bi

Jim Cramer: SpaceX Could Reach $1 Trillion in Revenue by 2030, but “Short Term, Forget About It”
24/7 Wall St.10d agoneutral
Jim Cramer: SpaceX Could Reach $1 Trillion in Revenue by 2030, but “Short Term, Forget About It”

On CNBC’s Squawk on the Street this morning, Jim Cramer laid out a two-sided view of SpaceX in the wake of the company’s first post-IPO earnings report. He’s bullish on the trillion-dollar revenue thesis by 2030, but he’s cautious about the near-term headwinds likely to hit the stock as soon as tomorrow. SpaceX reported a ... Jim Cramer: SpaceX Could Reach $1 Trillion in Revenue by 2030, but “Short Term, Forget About It”

SpaceX’s $1T Goal and 3 More Shockers From Musk on the Earnings Call
Barrons.com10d agoneutral
SpaceX’s $1T Goal and 3 More Shockers From Musk on the Earnings Call

SpaceX and Tesla CEO Elon Musk is famous for his sky-high ambitions, including reaching Mars one day. After SpaceX’s earnings report Tuesday, Musk laid out four more brazen goals for the rocket and artificial-intelligence company, including reaching $1 trillion in revenue in less than five years. SpaceX stock tumbled 8% to $115.29 on Wednesday, while the S&P 500 edged up 0.1%.