AI chip giant Nvidia has significantly increased its employee count in China this year, adding hundreds to its team focused on research, autonomous driving, and after-sales service. This expansion comes amidst an ongoing antitrust investigation into a past acquisition by Chinese authorities.
BMW’s sudden removal of a tweet praising Tesla’s Full Self-Driving (FSD) system has sparked speculation about potential licensing deals and the future of autonomous vehicle technology. The deleted post, which called FSD ‘very impressive,’ fueled hopes among Tesla investors, but its disappearance leaves many questions unanswered.
Tesla’s anticipated affordable compact EV and the Cybertruck’s release face delays, according to industry experts. Gary Black and Dan Ives offer insights into Tesla’s future plans, impacting investor expectations and the timeline for autonomous driving technology.
Volkswagen’s upcoming flagship electric vehicle, Project Trinity, will leverage a strengthened $5.8 billion partnership with Rivian. This collaboration, involving advanced architecture integration and Level 4 autonomous driving capabilities, signifies a crucial step in Volkswagen’s EV strategy, although initial delays have shifted focus to the Golf EV launch in 2029. The partnership is expected to boost both companies, despite internal Volkswagen concerns and Rivian’s stock volatility.
CNBC’s Jim Cramer dismisses reports of President-elect Trump easing autonomous driving regulations as a key factor for Tesla investment, yet remains bullish on the electric vehicle giant’s stock due to its tech status and future potential.
A popular Tesla YouTuber, known as Dirty Tesla, has independently replicated a test by the safety advocacy group The Dawn Project, confirming that Tesla’s Full Self-Driving (FSD) software would indeed run down a child crossing the road. This confirmation comes after Tesla’s attempts to discredit The Dawn Project’s findings and its own supporters’ mixed results from similar tests.
Aeva Technologies Inc. (AEVA) is experiencing significant growth driven by the increasing adoption of its next-generation FMCW 4D LiDAR technology. The company reported triple-digit year-over-year revenue growth in the third quarter, fueled by new customer wins across automotive, industrial, and other sectors. Aeva’s unique 4D LiDAR, which measures both range and velocity simultaneously, is proving valuable for autonomous driving, safety, and efficiency applications.
Tesla’s stock has experienced a remarkable surge, rising 63% since its earnings report in October. Analysts attribute this growth to the company’s expanding deliveries and the potential of its autonomous driving technology. This surge follows a series of events, including the election of Donald Trump, which have significantly impacted Tesla’s trajectory.
Wedbush analyst Dan Ives believes Donald Trump’s victory will be a gamechanger for Tesla, boosting its autonomous driving and AI initiatives. He predicts a massive $1 trillion market opportunity and has raised his price target on Tesla stock to $400.
XPeng, a leading electric vehicle manufacturer, hosted its XPENG AI Day event, showcasing groundbreaking advancements in autonomous driving, flying cars, and AI robotics. The company launched the world’s first AI-defined vehicle, the XPENG P7+, and unveiled its innovative Kunpeng Super Electric System with ultra-fast charging capabilities. With a focus on AI innovation, XPeng is shaping the future of mobility.
