Tesla, Elon Musk
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Tesla is now accepting Cybertruck trade-ins, showing owners a glimpse of its depreciation rate.Two owners shared their trade-in estimates, showing a roughly 37% to 38% depreciation after a year.EV depreciation rates tend to be higher than other cars,
The first test of Tesla's long-promised robotaxi service in Austin, Texas next month will initially be limited to specific areas the company deems "the
Alphabet’s self-driving unit Waymo may not be as loud as Tesla in the autonomous vehicle race, but co-CEO Tekedra Mawakana says that Waymo is the only company that’s operating fully driverless rides at scale - most recently notching 10 million autonomous rides.
The EV maker will roll out about 10 self-driving cars next month and scale up to about a thousand, Musk told CNBC in an interview.
Traders are becoming more bullish on Tesla. The ratio of Tesla put options to call options fell to its lowest level since November, Cboe Global Markets data showed. That suggests traders are favoring bullish calls over puts that would pay out if Tesla's stock declines.
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Ross Gerber said there are three problems he sees for the EV maker, and that the next six months will be crucial for Musk's company.