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Tesla publishes analyst forecasts suggesting sales set to fall
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.
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'Musk is Tesla and Tesla is Musk' – why investors are happy to pay him 1tn
Protesters make their point in Austin, Texas, but Tesla investors disagreed, voting to make the tycoon the world's first trillionaire. Protesters make their point in Austin, Texas, but Tesla investors disagreed, voting to make the tycoon the world's first trillionaire. 'Musk is Tesla and Tesla is Musk' - why investors are happy to pay him $1tn Making Elon Musk the world's first trillionaire appears to fit a US investment culture of backing high-flying innovators For all the headlines about an on-off relationship with Donald Trump, baiting liberals and erratic behaviour, Tesla shareholders are loath to part with Elon Musk . Investors in the electric vehicle maker voted on Thursday to put the world's richest person on the path to become the world's first trillionaire, despite the controversy that is now seemingly intrinsic to his public profile. Shareholders approved the $1tn compensation plan, which could yield the largest corporate payout in history if he meets a series of tough-looking goals, not least pushing Tesla from its current market value of $1.4tn to $8.5tn (£1.06tn to £6.4tn).
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Is London ready for driverless taxis? – podcast
Is London ready for driverless taxis? Autonomous cabs are a staple in some US cities - but how will they cope with London's streets? Will ghost taxis put a whole workforce out of a job? Will British passengers behave themselves without a human driver in the front seat - and can the technology really be trusted to keep people safe?
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'Raring to go:' the German remote-driving firm that hopes to make private car ownership redundant
'Raring to go:' the German remote-driving firm that hopes to make private car ownership redundant H aving been summoned by a few clicks in an app, the electric car slows to a halt outside the former cargo hall of Berlin's now defunct Tegel airport. No one is at the wheel, but upon a passenger stepping inside, a voice announces: "This is Bartek, I am your driver today. Please buckle up and we can be on our way." The car emits a friendly jingle, then makes its way to the former runway, where it performs a fault-free manoeuvre around a route marked by traffic cones. This is not your standard driverless car.
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UK startup Wayve begins testing self-driving tech in Nissan cars on Tokyo's streets
UK startup Wayve begins testing self-driving tech in Nissan cars on Tokyo's streets British startup Wayve has begun testing self-driving cars with Nissan in Japan ahead of a 2027 launch to consumers, as the company said it was in talks for a $500m investment from the chip-maker Nvidia . Wayve, based in London, said it had installed its self-driving technology on Nissan's electric Ariya vehicles and tested them on Tokyo's streets, after first agreeing a deal with the Japanese carmaker in April. The British company is racing against rivals - such as Tesla, Google's Waymo, and China's Baidu - to prove that its technology can work for carmakers, after rising rapidly to become one of the country's best-funded startups and a rare UK artificial intelligence pioneer. Nissan was the first carmaker to say publicly that it was using Wayve's technology, although the founder of Wayve, Alex Kendall, said the company was working with large manufacturers in Europe, North America and Japan. Wayve on Friday said Nvidia, the world's most valuable listed company, thanks to the AI boom, had signed a letter of intent for a possible $500m investment in Wayve's next funding round.
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