Musk Touts Driverless Tesla Test
Digest more
Tesla's (TSLA) nearly $1 trillion market cap easily makes it the most valuable car company in the world. Despite selling a fraction of the vehicles its more established competitors did, Tesla justifies its valuation by saying its advanced artificial intelligence and in-car tech make it much more than just a car company.
CNBC’s Phil LeBeau joins 'Money Movers' to discuss Boeing's May orders and JPM recommending to sell Tesla. NATO ally scraps purchase of US Black Hawk helicopters
Shares of Tesla ( TSLA 5.66%) soared nearly 5.7% today, as the feud between Tesla's CEO Elon Musk and President Donald Trump appeared to simmer in recent days. Tesla's robotaxi service is also about to get underway in Austin, Texas.
Musk's reaction surprised market participants, especially considering he had reportedly invested nearly $300 million
Teslarati points out that Tesla is now listed on Austin’s government website as an autonomous vehicle tester in the city. Right now, the only riders are chosen by Tesla itself, by Musk says the public will get a crack at these cars before the month is over.
Explore more
A new Tesla model – possibly a stripped down Model Y or Model 3 or both – is slated to begin production this month, fueling speculation about what it is exactly.
The electric pickup was supposed to create a halo effect for the brand, but the truck’s reputation has been tarnished by politics and production snafus.
Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors fear his dispute with President Donald Trump could end up hurting the company.
After playing influencer-in-chief and hosting a car show in the South Lawn of the White House for the brand in March, Donald Trump is considering getting rid of his red Tesla, a day after his public spat with his close adviser and Tesla CEO Elon Musk.
A day after his public spat with Elon Musk, the White House signaled that President Donald Trump may be looking to unload his luxury EV.
Tesla's robotaxi vision could open doors for crypto payments, reshaping how investors view mobility, says Cathie Woods.