While the initial testing will use Tesla's own fleet of cars, regular customers may be able to add their cars to the ride-hailing fleet next year, Musk says.
Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.
Tesla plans to roll out affordable EVs in 2025 and launch a robotaxi service, despite a dip in fourth-quarter earnings.
Tesla reported mixed earnings, reflecting pressures from unmet expectations against advancements in energy and technology sectors.
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens Ulbrich, chief economist at the Bundesbank, Germany’s central bank. Back then,
Shares in Tesla have experienced a volatile 24 hours, initially dropping 2.2% in the wake of disappointing earnings, before rising 4% in pre-market trading as investors focused on the company's ambitious production plans rather than its weaker financials.
President Trump’s allies and aides are learning to deal with Tesla CEO Elon Musk, who has had a consistent presence in the early days of the Trump administration. Musk had a front-row seat at
Tesla shares rose about 3% before the bell on Thursday as plans to roll out cheaper electric vehicles and paid autonomous car services by the automaker that missed Wall expectations for fourth quarter lifted investor sentiment.
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.
CR shows you how to avoid falling for deepfake scams, which use AI-manipulated images of celebrities in phony sales pitches.
Meta and Tesla rally after-hours, while Microsoft slides. Stock futures edge higher—will the gains hold? Full market analysis inside.
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.