FMP
Jun 19, 2025 10:59 AM - Parth Sanghvi
Image credit: Michael Förtsch
Tesla Inc. (NASDAQ:TSLA) is facing pressure from Texas Democratic lawmakers to delay its robotaxi rollout in Austin until new autonomous vehicle regulations take effect on September 1, 2025.
Tesla CEO Elon Musk announced plans to launch a limited robotaxi service—starting with 10 vehicles—by June 22 in select areas of Austin. However, in a formal letter addressed to Tesla's Director of Field Quality, a group of seven Democratic legislators urged the company to wait until the newly passed autonomous driving law is implemented.
The letter emphasized:
Stronger safety provisions coming in the new law
A need for greater public trust before fully autonomous operations begin
A request for Tesla to publicly outline its compliance plans if it proceeds in June
While the new rules are not yet in force, Texas' current legislation allows autonomous vehicles to operate as long as they meet basic insurance and registration requirements. The request may carry limited legislative weight since Republicans currently control the Texas legislature.
Stay updated on Tesla's evolving mobility ventures by reviewing their financial trends via the Full Financial as Reported API. This allows investors to assess how capital expenditures on new technology like robotaxis impact overall financial performance.
For insight into past and upcoming earnings reports, visit Earnings Historical to track Tesla's results and delivery trends—especially crucial ahead of the next quarterly results.
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...