The company's shares are worth $1.4tn on the back of hopes for self-driving cars and robotics. The company's shares are worth $1.4tn on the back of hopes for self-driving cars and robotics. Tesla endured tough year in part thanks to some consumers' distaste for Elon Musk's embrace of rightwing politics Tesla has taken the unusual step of publishing sales forecasts that suggest 2025 deliveries will be lower than expected and future years' sales will be well below targets set by its chief executive, Elon Musk . The US electric vehicle maker published figures from analysts suggesting it will announce 423,000 deliveries during the fourth quarter of 2025, in a new "consensus" section on its investor website. That would represent a 16% decline from the final quarter of 2024.

Is texting behind the wheel of a self-driving Tesla crazy? As self-driving cars get closer to reality, Tesla is striving to remain a big player. But is it sacrificing safety to stay in the game? For the past few weeks, Geoff Perlman, a 61-year-old technology executive from Texas, has been testing a free trial of Tesla's latest self-driving software as he travels around Austin. He's impressed: it can handle confusing lane adjustments and park itself in busy lots better, he thinks, than the average human.

Elon Musk, already the world's richest man, is now on the path to becoming its first trillionaire. Tesla's shareholders recently approved a massive pay package for the CEO, including some $1 trillion in stock options. But the payout will happen only if certain targets are met--including Musk's successful deployment of 1 million Optimus robots. Named after a character, because of course it is, Optimus is a humanoid machine that's supposed to be able to complete boring and dangerous work in place of humans. The robot was unveiled in 2021, when Tesla held an "AI Day" event detailing its future plans.

Porsche's stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker's 2025 earnings. Caught between electrification and its iconic petrol-powered sports cars, the German firm said it will slow its push for EVs as demand weakens. Shares of its parent Volkswagen also fell by more than 7% on the same day after saying it will spend billions to overhaul Porsche's line-up of vehicles. The companies' struggles reflect the challenges for European manufacturers, who are faced with intense competition from Chinese rivals and a slowing economy that's dampening demand for luxury cars. Porsche said in a statement on Friday that it has reduced its projected profit margin from up to 7% to 2% or less.

JLR suppliers'face bankruptcy' due to hack crisis The past two weeks have been dreadful for Jaguar Land Rover (JLR), and the crisis at the car maker shows no sign of coming to an end. A cyber attack, which first came to light on 1 September, forced the manufacturer to shut down its computer systems and close production lines worldwide. Its factories in Solihull, Halewood, and Wolverhampton are expected to remain idle until at least Wednesday, as the company continues to assess the damage. JLR is thought to have lost at least £50m so far as a result of the stoppage. But experts say the most serious damage is being done to its network of suppliers, many of whom are small and medium sized businesses.

Virtual testing has emerged as an effective approach to accelerate the deployment of automated driving systems. Nevertheless, existing simulation toolchains encounter difficulties in integrating rapid, automated scenario generation with simulation environments supporting advanced automated driving capabilities. To address this limitation, a full-stack toolchain is presented, enabling automatic scenario generation from real-world datasets and efficient validation through a co-simulation platform based on CarMaker, ROS, and Apollo. The simulation results demonstrate the effectiveness of the proposed toolchain. A demonstration video showcasing the toolchain is available at the provided link: https://youtu.be/taJw_-CmSiY.

Tesla has reported another hefty drop in auto sales extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk's political activities. On Wednesday, the electric vehicle (EV) maker reported 384,122 deliveries in the second quarter, representing a 13.5 percent decline from this time a year ago. Its earnings report will be released after the market close. Sales were roughly in line with analyst expectations. The global sales figures reflect the more contested nature of the EV market, which Tesla once dominated, but which now also features BYD and other low-cost Chinese companies, as well as legacy Western carmakers like General Motors, Toyota and Volkswagen.

Nissan has more significant troubles than Honda and in recent years has slogged through management upheaval. In the United States, a critical market where Nissan used to earn significant profits, the company's market share has fallen sharply as it struggles to sell cars and trucks that haven't received significant upgrades in recent years. In the period from April to September, Nissan's operating profit plunged 90 percent, and the automaker recently said it aimed to lose 9,000 employees worldwide and cut global production by about 20 percent. A merger could help Honda and Nissan develop electric cars faster and at lower cost -- in theory. But other companies have struggled to achieve such gains in practice, often because the priorities of companies working together often shift and diverge. Ford Motor and Volkswagen teamed up a few years ago to work on electric vehicles and autonomous driving technology.

General Motors is officially ending its support for Crusie's beleaguered fleet of self-driving "robotaxis." In a surprise announcement this week, the US carmaker said it will "realign its autonomous driving strategy" to end robotaxis and instead focus on eventually creating an autonomous personal vehicle. Cruise, which previously operated as a subsidiary, will now be fully absorbed by GM. That's all a major departure for the driverless car company which had its sights set on offering paid robotaxis rides in multiple cities next year. Cruise previously proclaimed it planned to have close to a million of its autonomous vehicles flooding US streets by the end of the decade.

Tesla lobbied the UK government to strengthen rules on carbon emissions from cars and lorries, according to documents that also show the electric carmaker continued to push for increased taxes on fossil fuel cars. The US carmaker, which is run by Elon Musk, pushed for the British government to strengthen its zero-emission vehicle (ZEV) mandate for cars and introduce equivalent rules for heavy goods vehicles (HGVs), in a letter to Lilian Greenwood, the Labour roads minister. Musk has launched a public feud with Labour, but his company has been more complimentary. A Tesla vice-president wrote in July that "we applaud the Labour party's strong position to decarbonisation of the energy system by 2030, growth and net zero". The letter was obtained under freedom of information laws by the Fast Charge newsletter and shared with the Guardian.