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Tesla’s stock rose 4.7% on Wednesday despite losses in the broad equities market. In the previous session, Tesla’s stock price fell 6% to $328.50. ”The company has outlined ...

UBER only made $2.8 billion in operating profit in 2024. They had some tax revaluation net income but those were one off ...

Ford and GM have given up on robotaxis over cost and profitability concerns, the CEO of autonomous driving company May Mobility told BI.

Ride-hailing platform Lyft (LYFT) has partnered with Mobileye (MBLY), an autonomous driving technology provider, to launch ...

Tesla Inc. (NASDAQ: TSLA) shares are trading higher Wednesday after Benchmark Equity Research initiated coverage with a Buy ...

There is a lot at stake, reminds the investor. TSLA’s valuation north of $1 trillion means that the company is trading at a ...

Oppenheimer analysts raised the price target for Uber Inc. (NYSE: UBER) shares to $100 from the previous $85, while maintaining an Outperform rating. The increase reflects a growing optimism in the ...

Intel purchased Mobileye for $15.3 billion in 2017, and then spun the company off as a publicly traded subsidiary in 2022. It still owns roughly 88% of the company. With today's gains, Mobileye's ...

The move came after a Cruise robotaxi ran over a pedestrian in October ... Considering the current state of affairs, that's a harsh price to pay for a driver-assistance system like Super Cruise.