Tesla Robotaxi to Launch in San Francisco
Digest more
Tesla, Elon Musk
Digest more
Tesla plans to offer a chauffeur-style service operated by human drivers to a limited number of people in the San Francisco Bay Area, a California regulator said on Friday, contrary to a media report that the EV maker would offer a robotaxi service.
Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased competition and loss of tax credits.
Elon Musk is taking steps to expand his autonomous ride-hailing service to the Bay Area, according to a Business Insider report.
Tesla said on Friday it had received a number of shareholder proposals regarding the company's plan to invest in CEO Elon Musk's artificial intelligence startup xAI.
Explore more
President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.
Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income plunging 16% and automot
On an event page for a "Tesla Diner SoCal Protest," the organizer, Tesla Takedown, points to Musk's handling of X, saying it boosts conspiracy theories and extremist views. The page also calls out Tesla's Full Self-Driving feature as "fraud."