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Tesla's battle with the California Department of Motor Vehicles isn't over after all
TechCrunch· 2026-02-24 00:36
Core Viewpoint - Tesla has initiated a lawsuit against the California DMV to challenge a ruling that claims the company engaged in deceptive marketing regarding its vehicles' automated driving capabilities [1]. Group 1: Lawsuit Details - The lawsuit comes after the DMV ruled that Tesla overstated its automated driving features, violating state law [1]. - The DMV had previously decided not to suspend Tesla's sales and manufacturing licenses for 30 days, as Tesla complied by ceasing the use of the term "Autopilot" in its marketing materials [2]. - An administrative law judge supported the DMV's request to suspend Tesla's licenses, but the DMV opted to give Tesla 60 days to comply instead of enforcing the suspension [3]. Group 2: Company Actions - In response to the ruling, Tesla not only stopped using the term "Autopilot" but also discontinued the Autopilot feature entirely in the U.S. and Canada as of January [4]. - The decision to discontinue Autopilot may indicate that Tesla regrets this move and is seeking ways to reinstate the feature [4].
中信建投:Optimus V3持续预热 建议聚焦优质环节
Xin Lang Cai Jing· 2026-02-24 00:19
【中信建投:Optimus V3持续预热 建议聚焦优质环节】智通财经2月24日电,中信建投研报称, Optimus V3持续预热,建议聚焦优质环节。特斯拉Gen3发布节奏等整体符合预期,产品量产规划明 确。Optimus将是通用机器人,可以通过观察人类行为等方式来学习完成任务。特斯拉正引领全球"物理 AI"产业变革,人形机器人作为其核心支柱之一,持续进行"数据-算法-硬件"闭环迭代。产品也有望逐 步从B端向C端延伸,逐步打开人形百万台预期空间。展望板块后续,Gen3定点、新品发布、春晚机器 人表演、国产机器人厂商IPO进展等事件催化值得重点关注,底部建议聚焦优质环节,把握确定性和灵 巧手等核心变化。 转自:智通财经 ...
特斯拉开始向澳新地区车主推送Grok服务
Xin Lang Cai Jing· 2026-02-24 00:15
特斯拉CEO埃隆·马斯克转发了这条帖子。 责任编辑:于健 SF069 特斯拉官方账号在X上发帖称:"Grok即将登陆澳大利亚和新西兰的特斯拉汽车。它能够利用实时信息 回答几乎任何问题,并且还能添加/编辑导航目的地,从而成为您的私人向导。目前已开始分阶段向符 合条件的车辆推送。" 特斯拉官方账号在X上发帖称:"Grok即将登陆澳大利亚和新西兰的特斯拉汽车。它能够利用实时信息 回答几乎任何问题,并且还能添加/编辑导航目的地,从而成为您的私人向导。目前已开始分阶段向符 合条件的车辆推送。" 特斯拉CEO埃隆·马斯克转发了这条帖子。 责任编辑:于健 SF069 ...
Wall Street Slumps as Tariff Hikes and Trade Uncertainty Rattle Investors
Stock Market News· 2026-02-23 22:07
U.S. equity markets faced a wave of intense selling pressure on Monday, February 23rd, 2026, as investors grappled with a sudden escalation in global trade tensions and a landmark Supreme Court ruling. The major indexes opened in the red and remained under pressure throughout the session, driven by a "risk-off" sentiment that permeated nearly every sector. The volatility was sparked by a 6-3 Supreme Court decision that curtailed the executive branch's authority to impose certain reciprocal tariffs under the ...
Tesla sues California DMV to reverse ruling that company engaged in false advertising on FSD
CNBC· 2026-02-23 21:10
Tesla is suing California's Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars' self-driving capabilities.The suit comes two months after the state's Office of Administrative Hearings determined that Tesla engaged in false advertising, and said the DMV could temporarily suspend the company's licenses to manufacture or sell cars in the state. The DMV instead asked Tesla to clean up its marketing language. By Feb. 17, the agency said Tesla ...
Is Shopify Inc. (SHOP) is One of Goldman Sachs’s Top Growth Stock Picks?
Insider Monkey· 2026-02-23 19:49
Core Insights - Generative AI is viewed as a transformative technology by Amazon's CEO Andy Jassy, indicating its potential to reinvent customer experiences [1] - Elon Musk predicts that humanoid robots could create a market worth $250 trillion by 2040, reshaping the global economy [2] - Major firms like PwC and McKinsey acknowledge that AI could unlock multi-trillion-dollar potential, supporting Musk's ambitious forecast [3] Industry Trends - The AI revolution is characterized by a powerful breakthrough that is redefining work, learning, and creativity, attracting significant interest from hedge funds and top investors [4] - A smaller, under-owned company is identified as holding the key to the AI revolution, suggesting a potential investment opportunity [4][6] - Prominent billionaires, including Bill Gates and Warren Buffett, recognize AI as a major technological advancement with the potential for significant social impact [8] Investment Opportunities - There is a strong belief that investors will regret not owning certain stocks related to AI advancements in the near future [9] - A detailed report on a groundbreaking AI company is available, highlighting its technology and growth potential [10] - Subscription to a premium newsletter offers access to exclusive insights and stock picks, emphasizing the urgency to invest before broader market awareness [12][14]
Elon Musk's Net Worth Is So Large He Could Buy Ford, GM, Rivian And Toyota—And Still Have $141 Billion Left
Yahoo Finance· 2026-02-23 17:31
Tesla Inc (NASDAQ:TSLA) and SpaceX CEO Elon Musk is the world's richest person by a significant margin. While some of the other billionaires have watched their wealth decline in 2026, Musk is gaining. Here's how his net worth stacks up compared to the automotive sector. Elon Musk Net Worth Rises in 2026 The top 10 richest people in the world have lost a combined $45.6 billion in net worth so far in 2026, reflecting declines in technology stocks. Musk has navigated through the trend thanks to the recent me ...
As Tesla Cuts Cybertruck Prices, Should You Buy TSLA Stock?
Yahoo Finance· 2026-02-23 17:16
There has been no dearth of Tesla (TSLA) stock skeptics ever since its listing. However, Tesla has continued to create value that’s backed by the innovation edge. Even with intense competition and trade tensions being growth headwinds, TSLA stock has trended higher by 18% in the last 52 weeks. This rally has been backed by improvement in market share in the United States, the outlook for robotaxi, and the steps taken to navigate the competitive headwinds. More News from Barchart A good example is the r ...
Why Tesla stock is down over 2% on Monday
Invezz· 2026-02-23 15:50
Core Viewpoint - Tesla's stock has declined over 2% due to increasing competition in autonomous driving, weak electric vehicle (EV) demand, and pricing pressures in the sector [1] Group 1: Competition and Market Trends - Uber has expanded its robotaxi platform, introducing an Autonomous Solutions platform that offers services to robotaxi developers, which may intensify competition for Tesla [1] - Tesla's stock fell approximately 1.3% last week, marking its third weekly decline in four weeks, amid a broader downturn in the US EV market [1] - US electric vehicle sales dropped 30% year-on-year in January, representing about 6% of total new car sales, influenced by the expiration of the $7,500 federal EV purchase tax credit [1] Group 2: Tesla's Performance and Market Share - Despite a 17% decline in January sales, Tesla's market share increased to about 61%, up from 57% in December, as it outperformed the broader market [1] - Tesla's shares are down about 8% year-to-date but have risen 22% over the past 12 months, outperforming the S&P 500 by approximately seven percentage points [1] - The company plans to invest around $20 billion in new equipment this year to enhance production of robotaxis and robotics [1] Group 3: Challenges in China - Tesla faces significant competition in China, where low-cost domestic EV models have gained market share, with Geely Auto and Wuling Motor Holdings leading in sales [1] - Tesla's Model Y sales fell nearly 21% year-on-year to 382,300 units, despite new payment schemes, indicating challenges in maintaining its position in the Chinese market [1] - The Chinese government has implemented measures to curb aggressive discounting, which may further impact demand and pricing strategies for Tesla [1]
How Tesla Beat The Market
247Wallst· 2026-02-23 14:18
Core Viewpoint - Tesla shares traded significantly below the S&P 500 for much of the previous year [1] Group 1 - Tesla's stock performance was notably underwhelming compared to the broader market index [1]