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Tesla’s stock fell 1% in premarket trading on Wednesday. In the previous session, Tesla’s stock price fell 6% to $328.50. ”The company has outlined a path for growth with a ...

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.

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 ...

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

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

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

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 ...

has completed more than 8 million rides since it launched and recently announced its sixth-gen vehicle will have a price tag of under $30,000. By contrast, the US robotaxi industry has hit a few ...

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.