Tesla shares sink
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Tesla, Elon Musk
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Tesla doesn't have the permits to run an autonomous vehicle taxi in California, but probably nothing stops a driver-assist based taxi.
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.
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.
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Tesla’s long-awaited diner has just opened in Hollywood. Serving smashburgers, hotdogs, chicken & waffles and more; the restaurant has attracted visitors from all over. The lot has about 80 superchargers available,
Tesla has told California it would expand operations of a chartered transportation service in the Bay Area, a state regulator said on Friday.
An earnings miss and Elon Musk warning send the shares of the electric-car maker down. But the company still has all of the components of success in artificial intelligence.
Tesla reported a major stumble in Q2, which has its investors fretting over the future. Sales tanked 12% year-over-year to $22.5 billion, while net income slid 16% to $1.17 billion. On top of that, adjusted EPS dropped 23% to just 40 cents, underscoring soft momentum that’s been weighed down by waning EV demand.
Tesla said on Friday it has received a number of shareholder proposals regarding the automaker investing in CEO Elon Musk's artificial intelligence startup xAI.