BusinessInnovation

Tesla Q3 Earnings Fall Short as Analysts Weigh Future Prospects Amid AI Transition

Tesla reported third-quarter earnings below analyst forecasts, sending shares lower. While revenue exceeded expectations, Wall Street remains focused on the company’s transition from electric vehicles to AI and robotics. Analysts express mixed views on Tesla’s long-term strategy versus near-term challenges.

Tesla’s Third-Quarter Performance

Tesla’s third-quarter earnings reportedly fell short of analyst expectations, according to recent financial reports. The electric vehicle maker posted adjusted earnings of 50 cents per share, missing the 54 cents per share that analysts polled by LSEG had forecast. Following this announcement, Tesla shares slipped approximately 3%, sources indicate.

Industrial AutomationMobility

Waymo to Launch Driverless Robotaxi Service in London by 2026

Waymo, the Alphabet-owned autonomous vehicle company, is preparing to launch its first international robotaxi service in London. The company reportedly plans to begin supervised testing in the coming weeks ahead of a full commercial rollout in 2026, potentially transforming urban mobility in the United Kingdom.

Waymo’s International Expansion

Waymo, the autonomous vehicle subsidiary of Alphabet, has announced its first international expansion with plans to launch a fully driverless robotaxi service in London starting in 2026, according to company reports. This move marks a significant step for the company beyond its current operations in several American cities and represents the first major deployment of fully autonomous vehicles in the UK market.

Industrial AutomationMobility

Waymo Expands to London as First International Robotaxi Market in 2026

Alphabet’s Waymo has selected London as its inaugural international robotaxi market, planning to launch fully autonomous electric Jaguar I-PACE SUVs in 2026. The expansion marks a significant milestone in the company’s global autonomous driving ambitions, partnering with mobility fintech firm Moove for fleet maintenance and operations.

Waymo, the autonomous vehicle subsidiary of Alphabet, has announced its first international expansion with London selected as the inaugural overseas market for its robotaxi service. The company plans to begin operating fully autonomous electric Jaguar I-PACE SUVs in the British capital in 2026, marking a significant milestone in the global race for self-driving vehicle dominance.

London: Waymo’s Strategic International Launchpad