Q4 revenues grew 2% YoY to $25.7 billion but fell short of expectations. Surging R&D costs threaten Musk’s ambitious 2025 production goals.
The Cybercab prototype lacks clarity on timeline and technical details, raising investor concerns about the company’s ability to meet its ambitious autonomous vehicle goals.
AI startups target corporate fear: Mounting recession anxiety is infusing accounting AI startups with cash. Long-term investor interest in AI applications will remain diverse, but startups may have to pivot.
Close to half of US adults believe widespread use of driverless cars would be bad for society. Meanwhile, 26% think it’d be good for autonomous vehicles to rule the roads, and 29% aren’t sure.
Computers don’t need brake pedals, feds say: AVs are changing the vehicle regulation landscape, but driverless cars still lack the necessary training wheels.
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