Don't Tell ANYONE About This Altcoin (Until It Pops)...

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Tesla Considers Warner Bros Studio For Highly Anticipated Robotaxi Unveiling Event: Report

Anan Ashraf
August 30, 2024

Tesla Inc (NASDAQ:TSLA) is reportedly looking to hold its robotaxi unveiling event at Warner Bros. Discovery's (NASDAQ:WBD) movie studio in Burbank, California.

What Happened: The news was first reported by Bloomberg, citing people familiar with the matter. The 110-acre lot has hosted famous productions such as Batman movies, the report noted.

Benzinga reached out to both Tesla and Warner Bros for confirmation but is yet to receive a response.

The robotaxi unveiling event was initially slated for Aug. 8. The company delayed it to Oct.10 to make a few important changes aimed at improving the robotaxi and to give itself time to prepare a “couple of other things” to showcase at the event, company CEO Elon Musk said last month.

Why It Matters: Musk is currently looking to convert Tesla from an EV manufacturer to an AI and robotics company with an increased focus on developing autonomous driving technology and humanoid robots.

While the unveiling event is slated for October, it is "difficult" to say when the first unsupervised Tesla robotaxi ride would be, Musk said during Tesla’s second-quarter earnings call in July. However, the CEO, known for ambitious timelines, hinted at the possibility of it happening by the end of 2024.

"It's difficult, obviously, my predictions on this have been overly optimistic in the past," Musk said. "…based on the current trend… you could do [it] unsupervised possibly by the end of this year. I would be shocked if we cannot do it next year."

Check out more of Benzinga's Future Of Mobility coverage by following this link.

Read Next:

  • GM To Move BrightDrop Electric Vans Under The Chevrolet Brand

Photo courtesy: Shutterstock

Continue Reading...

Popular

US filings for jobless benefits jump to 258,000, the most in more than a year

The number of Americans filing for for unemployment benefits last week jumped to their highest level in a year, a possible sign of softness in the labor market, though some analysts suggested it was due to recent hurricanes.

TikTok Cuts Hundreds Of Jobs As Company Shifts Toward AI-Based Content Moderation: Report

TikTok, owned by ByteDance, is reportedly laying off hundreds of employees, with significant reductions in Malaysia. This move aligns with the company's strategy to enhance AI-based content moderation.

AI's "iPhone Moment" - Ad

Apple is making a major move. And what they're doing could be bigger than the launch of the first iPhone. Destroying and creating fortunes in the process.

Cryptocurrency Expert Predicts Significant Drops For Bitcoin And Ethereum Before Altcoin Season Begins

Well-known cryptocurrency trader, Capo, has forecasted potential significant declines for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Act by October 22nd: Discover Elon's Mind-Blowing New Invention! - Ad

When you click here you'll discover what Elon Musk's newest invention can do... And how it works... You might think it's straight out of a sci-fi movie. But Elon just conducted a real-life test on a human, and the outcome was astonishing.

Top 3 Health Care Stocks That May Explode This Month

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

Donald Trump offers tax breaks to US citizens overseas but no specifics

ATLANTA (AP) — Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from potentially millions of Americans who could benefit.

The Election Shock Nobody Expected... (But You'll See It Coming) - Ad

It comes down to just 9 words...Nine simple words which when spoken, will determine the outcome of the 2024 election...These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

Quality ratings hit to key Medicare plan shakes Humana stock

Shares of Humana tumbled early Wednesday after the health insurer said a Medicare Advantage quality rating drop will hurt future bonus payments the company receives.

Video Shows 2,000-Pound Bombs Used In Israeli Military's Assault On Hezbollah Leader Nasrallah

A video analysis has revealed that the Israeli military's attack, which led to the death of Hezbollah's leader, Hassan Nasrallah, involved the use of 2,000-pound bombs.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Top 3 Tech Stocks That Are Ticking Portfolio Bombs

Three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

You're About to Lose the Majority of Your Wealth - Ad

Whether you want to admit it or not... America is headed over the cliff. That's why I put this presentation together at great personal risk. Because starting on Nov. 5th you could lose everything you're entitled to as an American, including the majority of your wealth.

Stock Of The Day: Is Southern Company About To Head North?

The best traders know that market moves are not random and that they are due to market psychology. This is why they can profit.

Vista, Blackstone buying software maker Smartsheet for about $8.4 billion

Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Elon Musk Joins Fight For Election Reform With Vivek Ramaswamy: What This Could Mean

Elon Musk has publicly endorsed a set of election reforms proposed by Vivek Ramaswamy, describing them as "simple and effective."

Mark Cuban Drunkenly Bought A $125,000 Lifetime Flight Pass And Turned It Into A Profitable Investment

Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree, later upgrading it.Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree,

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

UK leader Starmer is on a 1-day visit to EU headquarters hoping to heal ties battered by Brexit

BRUSSELS (AP) — British Prime Minister Keir Starmer traveled to Brussels on Wednesday on a mission to try to , which disintegrated as the country left the world’s biggest trading bloc four years ago.

New Token Poised for Breakout as "Defi 2.0" Takes Off - Ad

Revealed: The #1 DeFi Coin Driving Financial Revolution. Experts hail this as the cornerstone of the new decentralized finance era. While Bitcoin dominates headlines, this governance token is quietly reshaping lending markets. Experts suggest accumulating before institutional money flows in.

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

When Cindy Taff was a vice president at the giant oil and gas company Shell in Houston, her middle schooler Brianna would sometimes look over her shoulder as she worked from home.

Amazon Shutters 3 More Cashierless Go Stores In New York: Report

Amazon has closed three more Go stores in New York, reducing the total number to 17 nationwide, as part of its ongoing shift away from its cashierless convenience store model featuring "Just Walk Out" technology.

The Crypto Whisperer Just Sounded the Alarm - Ad

Ian King just made a surprise prediction that these 3 cryptos will take off immediately after the election. Today, Ian predicts one specific event will send Bitcoin on one final bull run...And when it does...Three specific "alt" coins will ride the Bitcoin bull...Far exceeding Bitcoin's gains.

US retailers brace for potential pain from a longshoremen's strike

With a dockworkers' strike threatening to close ports on the East and Gulf coasts beginning this week, Chris Butler is growing worried.

Civilization 7 makers work with Shawnee to bring sincere representation of the tribe to the game

MIAMI, Okla. (AP) — Shawnee Tribe Chief Ben Barnes grew up playing video games, including “probably hundreds of hours” colonizing a distant planet in the 1999 title Sid Meier's Alpha Centauri.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment industry.

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Close call at Nashville airport came after planes were directed to same runway, probe shows

WASHINGTON (AP) — Investigators said Wednesday that air traffic controllers cleared an Alaska Airlines jet to take off from Nashville last month after telling pilots of a Southwest Airlines jet to cross the same runway.

This Oil Investment Is Crushing Traditional Stocks - Ad

This is not your average oil play. It's an alternative investment with way more potential than traditional stocks... This oil play offers the best of both worlds -- income and growth. Take a look and discover how this oil investment leaves stocks in the dust.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service