Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Tesla Q2 Results: Investors eye margins, AI roadmap and earnings outlookTesla's Q2 results are expected to be driven by AI updates, Robotaxi progress and margins, with investors also tracking earnings, free cash...
Tesla expands robotaxi service to Orlando, Tampa ahead of earningsTesla has expanded its robotaxi service to Orlando and Tampa this week. This move aims to prove the company can scale its autonomous ride-h...
Tesla cash burn to test investor faith in AI betsCEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as s...
Zoox recalls self-driving cars because they may not detect smokeLast week, the top U.S. auto safety official said self-driving car companies must quickly address a "clear pattern" of driverless vehicles...
Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPOMomenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK$5...
Not just Elon Musk, retail investors are losing money in Tesla and SpaceX crash. What should you do?The sharp correction in Tesla and SpaceX has dented retail investors' portfolios, including those of Indians investing in US stocks. Expert...
Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
Market Skepticism: Why Tesla’s best delivery quarter still triggered a sell-offTesla delivered a stronger-than-expected 480,126 vehicles in Q2 2026, but shares slipped as investors looked beyond robust deliveries, focu...
- Tesla stock price: Why are Tesla shares down even though Elon Musk-owned EV giant posts record second-quarter sales deliveries?
Tesla stock fell sharply in midday trading Thursday, down more than 7 per cent, in an odd development.
Wayve courts automakers with AI driving system that learns like humansWayve, a London-based innovator, is transforming the landscape of autonomous driving with its cutting-edge AI-driven machine learning frame...
Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO saysAutobrains, which is based in Tel Aviv and has an office in Munich, is developing lower-cost autonomous driving technology built around so...
Uber, Waymo end robotaxi partnership in PhoenixUnder the partnership struck in 2023, Uber had integrated Waymo's autonomous vehicles into its ride-hailing and food delivery platforms.
China's Momenta kicks off Hong Kong IPO, targets up to $751 millionThe IPO comes as Chinese technology firms are returning to public markets, helped by investor demand for companies tied to AI, chips and au...
US proposes to drop brake pedal requirements for self-driving vehiclesUS regulators are proposing to remove the mandatory manual brake pedal requirement for self-driving cars, aiming to accelerate their deploy...