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Wall Street Wary About Tesla’s Shift from EVs to Robotaxis

Wall Street Wary About Tesla’s Shift from EVs to Robotaxis

Tesla appears to be planning a shift away from its once groundbreaking EVs to put more focus on a line of robots and robotaxis but that has generated some significant pushback from investors who question the new business model announced by CEO Elon Musk during a flashy Hollywood rollout last week.

Tesla Cybercab Highlights Elon Musk’s Glimpse into the Future

Tesla Cybercab Highlights Elon Musk’s Glimpse into the Future

An ebullient Elon Musk took to the stage Thursday night not just to show off the long-awaited Cybercab, Tesla’s CEO offered a peek at what his idea of what the future should be, and that kicks off sometime near the end of 2026 when the first Cybercabs go into production. Get details at Headlight.News.

Forget Hurricane Milton, Car Buyers Are Underwater All Over the Country

Forget Hurricane Milton, Car Buyers Are Underwater All Over the Country

If you’ve bought a new car recently you’re well aware of how much vehicle prices have risen over the last decade. In many cases, that’s pricing many potential buyers out of the market. But others are simply taking a deep breath and signing up for hefty loans. The problem is that they may find they’re “underwater” when they next go to trade in – owing more than the vehicle is worth.

EVs, Hybrids Salvage an Otherwise Weak September for Tesla, Ford, GM, Other Automakers

EVs, Hybrids Salvage an Otherwise Weak September for Tesla, Ford, GM, Other Automakers

Tesla posted a modest upturn in sales for the third quarter after losing ground during the first half of the year. And it wasn’t alone. EVs, PHEVs and conventional hybrids staved off what could have been a much sharper downturn for the U.S. auto industry, helping prop up major manufacturers including General Motors, Ford, Toyota and Mitsubishi.

Mercedes-AMG Sees Big Opportunities for Performance EVs

Mercedes-AMG Sees Big Opportunities for Performance EVs

While a number of automakers are rethinking their plans for EVs, Mercedes remains committed to the transition to battery-electric propulsion. And that includes its high-performance division, AMG. If anything, AMG CEO Michael Schiebe is convinced buyers “will jump into that new technology” as new models come to market.