Tesla, Q4 and and earnings
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Tesla, Model S and Elon Musk
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Tesla plans to launch its nascent ride-hailing service in seven new U.S. cities by June, which would make it present in at least nine cities this year. Tesla wants to begin operating in Las Vegas and Phoenix.
Tesla’s robo-taxi service can cover 25% to 50% of the U.S. population by the end of the year, pending regulatory approval, according to Musk. That is encouraging, although he said something similar about 2025.
Tesla CEO Elon Musk believes its AI-powered Robotaxi service will fundamentally change the nature of transport.
Tesla will stop selling its $8,000 Full Self-Driving (FSD) option and make it strictly a monthly subscription service after February 14, CEO Elon Musk announced on his X platform. Musk didn't reveal the price or why he's making the switch,
Tesla, once the fastest growing and most profitable automaker in the world, posted tumbling profits in the fourth quarter, capping a year of controversy in the US and growing competition abroad.
Tesla says it has 1.1 million Full Self-Driving subscribers. It's key to Tesla's future thesis, but controversies aren't slowing down.
CEO Elon Musk says the company will close down production of two older car models, S and X, and convert the Fremont factory to produce its Optimus robots instead.
Waymo robotaxi is closing the gap on pricing and wait times next to Uber and Lyft — key metrics riders factor in when choosing a ride, a study found.