autonomous vehicles

In a recent presentation at the Petersen Automotive Museum on Tuesday, Tesla Inc.'s (NASDAQ:TSLA) chief designer Franz von Holzhausen hinted at the possibility of introducing new vehicle forms for the company’s robotaxi lineup. What Happened: Von Holzhausen's cryptic comment suggests that...

Tesla Inc. (NASDAQ:TSLA) is reportedly in early discussions with officials of the city of Austin, Texas, to roll out its autonomous vehicles for testing as early as 2025. What Happened: Elon Musk-led Tesla's driverless vehicle ambitions could get a boost if its discussions with Austin City bear...

Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) autonomous driving unit Waymo said on Wednesday that the company served over four million fully autonomous rides in 2024, taking the total number of rides to over 5 million. What Happened: Waymo’s robotaxi rides are open to the public in...

Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) autonomous driving unit Waymo said on Monday that it will start testing its robotaxis in Tokyo, Japan, beginning in early 2025. What Happened: All-electric Jaguar I-PACEs equipped with Waymo’s autonomous driving technology will arrive in Tokyo...

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai named Tesla Inc (NASDAQ:TSLA) as the main competitor to its autonomous driving unit Waymo in an interview earlier this month. What Happened: Pichai said at The New York Times DealBook summit on Dec. 4 that Waymo aims to be in 10 cities in...

Goldman Sachs said in a research note released on Tuesday that it expects continued progress in the autonomous vehicles space, including robotaxis, in 2025.  Expert Ideas: Goldman Sachs analysts predict that vehicles with situationally "eyes-off," or Level 3, AV capabilities will reach...

Microsoft Corp. (NASDAQ:MSFT) has said that it will be recording an impairment charge of approximately $800 million in the second quarter of fiscal year 2025, according to an SEC filing. This follows General Motors (NYSE:GM) exit from funding Cruise‘s robotaxi development. What Happened: General...

AI chipmaker Nvidia Corp. (NASDAQ:NVDA) has reportedly added hundreds of staff in China this year. What Happened: Nvidia will now end the year with nearly 4,000 employees, marking a significant increase from the 3,000 at the onset of the year, reported Bloomberg, citing people familiar with the...

Billionaire Elon Musk is the first person ever worth more than $400 billion, thanks to a continue surge in the price of Tesla Inc (NASDAQ:TSLA) stock since Donald Trump won the 2024 presidential election. What Happened: Tesla stock is trading higher Wednesday with several analysts raising their...

Zheng Gao, former Director of Engineering, Autopilot Hardware and Product Design-Electronics at EV giant Tesla Inc. (NASDAQ:TSLA), has joined Amazon.com Inc.’s (NASDAQ:AMZN) robotaxi unit Zoox. What Happened: Zoox announced Gao’s appointment in a post on LinkedIn. Gao will join Zoox as...

General Motors (NYSE:GM) said on Tuesday that it will no longer fund Cruise‘s robotaxi development but will instead combine the majority-owned unit into its technical teams, to the annoyance of Cruise co-founder Kyle Vogt. What Happened: The robotaxi development work needs considerable time...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo said on Thursday that it is looking to open autonomous rides to people in Miami, Florida in 2026. What Happened: The company said that it would introduce its vehicle to streets in Miami early next year and launch ride-hail services to...

Ride-share and delivery company Uber Technologies (NYSE:UBER) has some Christmas deliveries that could help provide a publicity and sales bump as the stock faces pressure from autonomous driving companies. What Happened: If you're one of the Americans who prefer having a real Christmas tree each...

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo announced on Thursday its plans to introduce its autonomous vehicles to Miami, Florida. The valuation of the driving technology company has skyrocketed in recent years. Waymo in Miami: The Mountain View, California-based company highlighted...

Tesla Inc. (NASDAQ:TSLA) has begun offering lease buyouts for all its vehicle models, marking a shift from its previous strategy of retaining vehicles for a robotaxi fleet. What Happened: The lease buyout option is available for vehicles like the Cybertruck, Model S, Model 3, Model X...