Tesla Cybertruck Battery Supplier Slashes Contract by 99%
South Korean battery supplier L&F cuts Tesla Cybertruck contract from $2.67B to just $7K due to production delays and weak demand for the electric pickup truck.
South Korean battery supplier L&F cuts Tesla Cybertruck contract from $2.67B to just $7K due to production delays and weak demand for the electric pickup truck.
Tesla begins testing fully autonomous Robotaxis in Austin without safety drivers, boosting its stock while competitors Uber and Lyft decline.
Tesla shares rally to record highs driven by AI and robotics promises, despite weakening EV sales and valuation concerns from analysts warning of bubble territory.
Rivian shares surge to nearly 2-year high as analysts praise custom autonomous driving chip and affordable AI features, positioning company as potential #2 EV player in North America.
Morgan Stanley downgrades Tesla to Equal Weight, citing high valuation and cautious EV outlook, even as it sees long-term leadership in autonomy, energy, and robotics.
Robotics stocks soar after reports that the Trump administration is preparing major support for the robotics industry, signaling a shift toward “physical AI” and advanced automation.