I spoke to founder and CEO Don Burnette the day before Kodiak’s big debut about why he took the company public — let alone via a SPAC. It was a big moment for Burnette, whose family was on hand to watch him ring the bell and mark the milestone. The stock was trading at about $7.70 Friday, down about 10% from its market open.Kodiak raised $275 million in financing. More than $212.5 million came from certain institutional investors, including $145 million in PIPE funding and about $62.9 million in trust cash ...

Elon Musk's company is leading the race that all the major automakers have entered.Investing in Tesla (TSLA 3.94%) these days requires a reset of investor perspectives on what the company is and what kind of industry it operates in. Keeping that premise in mind, here's one view of Tesla, its industry, and the investment proposition for the stock.The auto industry is changingTraditionally, investors viewed the auto industry as a highly competitive, mature, low-growth, and relatively low-margin sector, and ac ...

We are back on the closing bell. Tesla leading the mag 7 this month and one top analyst doubling down on the name. Let's bring in Wed Bush global head of technology research Dan Ies.Dan, you are getting even more bullish on Tesla. Tell us why. I mean, look, I think this is now going to be the start of probably the most important chapter of growth ever for Tesla in terms of autonomous.I believe we're going to see 30 cities, you know, potentially over the next 3 to 6 months and that's going to be the start be ...

Accessibility StatementSkip Navigation DUBAI, Sept. 26, 2025 /PRNewswire/ -- Pony.ai, a global leader in autonomous driving technology, today announced that it has been granted permit by Dubai's Roads and Transport Authority (RTA) to conduct autonomous driving trials on the emirate's roads. This milestone follows the company's partnership with Dubai's RTA, unveiled earlier this year, and marks a major step toward commercial deployment in the Middle East region. The announcement comes on the heels of the Dub ...

The hybrid vehicle segment in the U.S. is expected to grow rapidly over the next decade, according to EY’s data. Despite an overall cooldown in the U.S. EV market, hybrid vehicles are expected to account for 34% of all passenger vehicles sold by 2034. Sales of hybrid vehicles are expected to climb to over 3 million units in the U.S. by next year, according to EY’s data."Hybrids will be the selection, and I think it will be the bridge to get us to full electrification,” said George Lenyo, EY Americas Automot ...

Mercedes-Benz Group is planning to acquire a minority stake in Chongqing Qianli Technology, a company that specialises in autonomous driving systems, reported Bloomberg, citing sources. The sources indicated that the German automotive giant is looking to enhance its software capabilities within the Chinese market through this investment in the Shanghai-listed firm. The potential partnership could be made public as early as this week, with Qianli currently valued at approximately 59.5bn yuan ($8.35bn). Z ...

Two timely catalysts could lift Tesla's quarterly deliveries above expectations.Shares of Tesla (TSLA 3.97%) have been volatile into quarter-end, with investors fixated on next week's delivery report. The electric-vehicle (EV) maker sells mass-market cars like the Model 3 and Model Y, plus premium vehicles including the Model S, Model X, and Cybertruck. The near-term debate is whether third-quarter deliveries can top expectations after a softer first half of the year.There is a credible case for an upside s ...

We recently published 12 Hot, Cold & Stable Stocks Jim Cramer Recently Discussed. Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed. Cramer discussed Tesla, Inc. (NASDAQ:TSLA) last week on Monday after Elon Musk bought a billion dollars of shares. The CNBC TV host concurred with the CEO’s opinion that his company is a technology firm instead of being a car manufacturer. Cramer’s remarks are important since Tesla, Inc. (NASDAQ:TSLA)’s shares fluctuate depending on its vehicle del ...

Tesla TodayTSLATesla$433.50 -0.72 (-0.16%) 52-Week Range$212.11▼$488.54P/E Ratio250.85Price Target$326.74Add to WatchlistShares of Tesla Inc. NASDAQ: TSLA opened this week around the $430 mark, continuing a remarkable run that has seen them more than double in value since April. The stock is at its highest level since December last year, fueled by renewed optimism around growth drivers such as autonomous driving and robotics.  But after such a rapid ascent, October’s earnings report could not be more criti ...

Officials from NHTSA and the California State Transport Agency were reportedly alarmed by Tesla Inc.'s TSLA ride-hailing expansion in the San Francisco Bay Area.Concerns Over Ride-Hailing MisconceptionsState officials said that Tesla did not apply for the necessary permits to conduct autonomous ride-hailing operations within the state and its ride-hailing expansion was conducted via pre-arranged trips for select invitees in human-driven vehicles under a license typically reserved for limousines and not on-d ...