See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
TSLAelectric vehiclesself-driving cars
Open a keyword to see other news on the same topic.
Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 10/30/2026 | 399.82 |
| Change that session | -0.86% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Tesla’s Cybercab Costs “About $25,000” to Build. Waymo Has a Big Problem: It’s Cost Is Nearly 4X That
Prof G Markets' Dan Chiolan estimates Tesla's Cybercab costs about $25,000 to produce, versus upward of $100,000 for each Waymo vehicle, meaning Tesla could field about four robotaxis for the price of one current Waymo car. The gap narrows against Waymo's cheaper new Ojai van, which Waymo says costs under $20,000 in hardware per car and uses 42% fewer sensors than the Jaguar it replaces. Waymo still drives about seven times Tesla's weekly miles and runs paid rides in 15 U.S. cities, while Tesla runs its Robotaxi without safety monitors in six cities. The article also notes that NHTSA is investigating how Tesla certified the Cybercab, and that Tesla trades at 190x forward earnings, well above its three-year average of 136x.
- Stocktwits Zero To Sixty: Rivian Raises Delivery Guidance On R2 Demand, Tesla Expands Robotaxi Fleet, And Ford Advances Low-Cost EV Plans
Rivian reported third-quarter revenue of $2.16 billion, up 38% year over year and above consensus near $1.99 billion, while its adjusted loss narrowed to $0.48 per share. The company raised its 2026 delivery outlook to 67,000–70,000 vehicles on strong demand for the R2 SUV and lowered its capital expenditure outlook to $1.4–$1.5 billion. Tesla expanded its robotaxi fleet in Texas to 1,051 authorized vehicles, with 544 Cybercabs now outnumbering 507 Model Ys. Ford said its sub-$30,000 Fathom midsize electric pickup remains on track for a late-2027 launch, while GM is preparing its Lansing plant for future hybrid versions of the Chevrolet Traverse, Buick Enclave and GMC Acadia. Over the week, RIVN rose 3%, TSLA 7%, GM 15% and F about 6%.
- Elon Musk Says Tesla Robotaxi Expansion to Miami, Tampa Beaches Is ‘Coming Soon’ After Ron DeSantis’ Call for Expansion
Tesla CEO Elon Musk said the company's Robotaxi service will soon expand to beaches in Miami and Tampa, responding to a call from Florida Gov. Ron DeSantis. Data shared by Sawyer Merritt shows Robotaxi geofences of 272 square miles in Austin, 254 in Houston, 81 in Dallas, 31 in Miami, 24 in Tampa and 26 in Orlando, while Alphabet's Waymo covers 60 square miles in Miami and 50 in Tampa, including beaches. Merritt also said the Cybercab fleet in Austin has surpassed the Model Y, with 544 Cybercabs versus 507 Model Ys, for a total of 1,051 Robotaxis. ARK Invest's Cathie Wood said Robotaxis could represent more than 80% of Tesla's enterprise value by 2031, and her base case projects the stock reaching $4,400 that year.
- TSLA Stock Rises As Cybercabs Overtake Model Ys In Authorized Texas Robotaxi Fleet
Data from the Texas Department of Motor Vehicles shows Tesla's purpose-built Cybercab, a steering-wheel-free robotaxi, has become the majority of its authorized robotaxi fleet in Texas for the first time, with 544 of 1,051 vehicles. Model Y accounts for 507, a shift from early October when the registry showed 319 Cybercabs against 420 Model Ys. The data covers authorization only, not whether vehicles are operating or carrying riders. Cybercabs currently run only in Austin, while Tesla's robotaxis operate in Austin, Houston, Dallas and parts of Florida; Tesla said it is looking to add Cybercabs in Dallas next month. TSLA closed 4% higher on Tuesday but is down 9% year to date.
- Tesla’s Cybercab Fleet Expands Tenfold in Just a Month, Elon Musk Says Driverless Mileage Is Growing ‘Like a Rocket Going to Orbit’
Elon Musk said Tesla's Cybercab fleet in Austin has grown by a factor of 10 in about a month since launch, and weekly cumulative driverless mileage is rising sharply. Tesla's third-quarter shareholder update reported an eightfold quarterly increase in cumulative unsupervised Robotaxi miles, following an earlier announcement of more than 300 Cybercabs operating in Austin. Paid Cybercab rides began in Austin on Sept. 3, and Tesla aims to start selling Cybercabs to customers before year-end, with a reported Dallas expansion planned for next month. Meanwhile, the National Highway Traffic Safety Administration has opened an Audit Query into Tesla's self-certification of the Cybercab, which lacks conventional driving controls, and Reuters reported the rollout has lagged Musk's earlier projections.
- TSLA Analyst Ratings Hit Highest Since 2023; ARK Reiterates $4,400 Long-Term Price Target And 80% Robotaxi Thesis
ARK's model assigns roughly 80% of Tesla's 2031 enterprise value to robotaxis. This is supported by Full Self-Driving adoption among North American deliveries, which rose from about 55% in the second quarter to more than 75% in the third.
Related markets
Latest news
- Intel foundry push faces critical test after stock's 45% plunge in October
Intel shares plunged 29% on Friday, their worst day since the 1970s, after the company forecast this quarter's revenue would be $1 billion to $2 billion below analysts' estimates amid a weak PC market hit by rising memory costs. The stock had already dropped 45% in October, the steepest monthly decline on record according to FactSet. Despite spending a large chunk of its $108 billion in capital expenditures over about five years to challenge TSMC in foundry, Intel still has no marquee customer for its most advanced chips. Data center revenue rose 78% to $7.3 billion in the third quarter, but Intel says it can't make enough chips to meet demand and is shifting some Oregon capacity from 18A to the older Intel 3 node, which could complicate efforts to win outside foundry customers. CEO Lip-Bu Tan said “a couple customers” would be announced within the next two quarters.
- Prediction: Nov. 3 Will Be a Huge Day for the Stock Market
On Tuesday, November 3, 2026, midterm elections will determine whether Republicans keep control of Congress or Democrats gain enough seats to check President Donald Trump's agenda. With 49% of the S&P 500 tied to AI, the outcome could have an outsized effect on the stock market. According to Capital Group, the S&P 500 has gained an average of 15.1% excluding dividends in the 12 months after midterm elections since 1950, and markets tend to favor the stability that divided government brings. Because data center builders rely heavily on borrowing, bond yields shape AI spending: larger players like Meta and Amazon might pull back, while smaller, indebted firms such as CoreWeave and TeraWulf could struggle to get financing. The author notes Democrats have been more opposed to data center construction, so a Democratic sweep could bring more regulatory difficulty for AI, and argues that Treasury yields may reveal more than the S&P 500's moves.
- Microsoft Corporation (MSFT) Delivers Strong Azure Growth as AI Demand Exceeds Supply
Janus Henderson's Global Sustainable Equity Fund returned 1.86% in the third quarter of 2026, matching its benchmark and outperforming the IA Global peer group's 0.38%. In its investor letter, the fund highlighted Microsoft Corporation (NASDAQ:MSFT), where revenue rose 18% to $90 billion and Azure growth accelerated to 43% from 39%, with management forecasting around 45%. Copilot reached 30 million seats after adding 10 million in the quarter, and management committed to remaining free cash flow positive through fiscal 2027. The letter said demand for Azure continues to exceed supply. Over one month the stock fell 2.21%, closing at approximately $521.19 on October 29, 2026, with a market cap of about $3.82 trillion, and traded between $349.20 and $551.15 over the past 52 weeks.
- Scott Galloway: Zuckerberg Is “Clearly Coming for YouTube” and Its 16% of TV Time
Instagram is testing “Features,” horizontal videos up to 90 minutes long, with a small group of creators in Brazil and the US, and its app is now available on Apple TV, Amazon Fire TV, Google TV and Samsung sets. Scott Galloway argues Meta is targeting YouTube, which he estimates accounts for 16% of TV viewing time, twice Netflix's 8%. He sees Meta's 3 billion users and AI-driven algorithm as a real opportunity, although Meta stumbled with long-form video through IGTV and has not said how it will share ad revenue with creators as YouTube does. Meta's revenue topped $200 billion in 2025, and analysts expect it to reach $373 billion by 2028, while management expects 2026 capex of $135 billion to $145 billion. Excluding a legal charge, Meta's third-quarter operating margin was 35.4%, down from 40.1% a year earlier.
- Coca-Cola Is the Most Boring Stock I Own. After 64 Years of Dividend Raises, I'll Never Sell.
The author holds Coca-Cola as nearly 5% of their portfolio, their fourth-largest position, and says they have no plan to sell. Coca-Cola has raised its dividend for 64 consecutive years, qualifying it as a Dividend King, with a forward yield of 2.3% versus 4.9% on the 10-year Treasury and a trailing payout ratio of 62%. Its capital-light model, which sells concentrates and syrups to bottling partners, helped it spend 79% of free cash flow on dividends over the past 12 months, while rival PepsiCo operates at lower margins by bottling its own drinks. Over the past 30 years, Coca-Cola's total return including reinvested dividends was 720%, below the S&P 500's 1,750%, though the author believes returns should smooth out over the coming decades.
- The 3 Best Artificial Intelligence (AI) Stocks to Buy in November
After late-October earnings reports, shares of Amazon and Alphabet sold off, and the author believes the market is missing the bigger picture for both. Google Cloud's revenue grew 103% in the third quarter, lifting Alphabet's overall growth to 25%, yet the stock fell over 10% the day after earnings. AWS grew 39% and accounts for 63% of Amazon's operating profit, so faster AWS growth should lift operating profit faster than revenue. Nvidia told investors to expect 70% revenue growth in 2027 following its second-quarter report, while trading at 26 times trailing earnings and 13 times next year's earnings. The author argues that if Nvidia returned to its current 26 times earnings level, the stock would need to double.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.