Elon Musk wins, Tesla stock's $2,600 future, and waiting for robotaxis: The most popular tech stories
Elon Musk talks Tesla robots and self-driving cars after shareholders approve his pay package
Some five months after a Delaware judge struck down Tesla CEO Elon Musk’s $46 billion compensation package, investors put it back on the table.
A big Tesla investor sees robotaxis driving the stock to $2,600 in 5 years
On the eve of Tesla’s annual meeting — where shareholders will either rebuke or reward CEO Elon Musk — ARK Investment Management is giving a jaw-dropping prediction of where the stock will be in just five years.
Tesla probably won’t make money from self-driving robotaxis for years, JPMorgan says
Despite Elon Musk’s ambitions, Tesla’s self-driving robotaxis shouldn’t be expected anytime soon, according to JPMorgan Chase analysts.
“We expect Tesla to show a robotaxi concept on Aug. 8 and perhaps an accompanying app, and to reveal more about its expected business model,” JPMorgan analyst Ryan Brinkman said in a Tuesday research note. “But we do not expect material revenue generation likely for years to come.”
Apple is officially putting ChatGPT on iOS 18
Apple left viewers guessing whether it would reveal a major deal with OpenAI for nearly two hours during its Worldwide Developers Conference Monday.
During the company’s annual event, it announced Apple’s new AI initiative, Apple Intelligence, which will include AI-powered updates to Siri and an array of native Apple apps. And just before the WWDC keynote address wrapped up, Apple finally unveiled that it’s partnering with OpenAI to integrate ChatGPT 4-o into its latest iPhone operating system (iOS 18), iPadOS 18, and macOS Sequoia.
Tesla can’t duck Europe’s new tariffs on Chinese EVs
Tesla is warning some customers that it will raise prices on its Model 3 as the European Union introduces new preliminary import tariffs on China-made electric vehicles.
Elon Musk repeatedly approached women at SpaceX for sex, report says
Elon Musk has repeatedly approached female employees at SpaceX, a company he founded and leads, for sexual activities and to have his children, according to a new report.