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8 minutes ago
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Guggenheim Reiterates Sell on Tesla (TSLA) Despite FSD and Robotaxi Updates
Tesla, Inc. (NASDAQ:TSLA) is one the On August 12, Guggenheim analyst Ronald Jewsikow reiterated a Sell rating on the stock with a $175.00 price target. The firm said that it is sticking with its sell rating and that it is cautious on the company's full self-driving. CEO Elon Musk unveiled some important updates around both the Robotaxi operations in Austin and the upcoming FSD model. The updates were made in a series of posts on X over the weekend. While Tesla shares 'somewhat paradoxically' rallied on the news, names like Uber and Lyft who were previously sensitive to Tesla autonomy, did too. The firm considers this as 'mixed signals from the market.' Hadrian / 'On the Robotaxi operations in Austin, CEO Musk indicated it would be open to the public next month, which we believe is earlier than investor expectations and a sign of confidence in the service and feedback from the invite-only riders to date. We believe the expanded FSD model has positive implications for bulls focused on the potential for TSLAs fleet eventually becoming Robotaxis (positive read on inference compute), and the opening of the Austin Robotaxi experience to the public is a key step on the growth path of inviting a potentially more critical set of consumers. While safety drivers will remain, and no timeline has been provided for their removal, bulls have been willing to overlook the optics of safety drivers in TSLA vehicles, and we see no reason why that would change now.' Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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an hour ago
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Stewart Friesen elects not to pursue waiver for Truck Series Playoffs eligibility
Stewart Friesen will not pursue a medical waiver to retain his eligibility for the NASCAR Craftsman Truck Series Playoffs, according to a statement he put out Thursday. Friesen suffered serious injuries in a dirt-track crash July 28, forcing him to miss last weekend's Truck Series event at Watkins Glen International. He's also due to miss Friday night's regular-season finale at Richmond Raceway as he recovers from pelvic and leg fractures that will keep him out of the Halmar Friesen Racing No. 52 Toyota. RELATED: | The lack of a waiver will force Friesen to relinquish the playoff berth that he clinched with a June 7 victory at Michigan International Speedway. That creates another opening in the 10-driver playoff field, with two postseason slots to be filled after Friday's race at Richmond. Cup Series regular Christopher Bell filled in for Friesen last weekend, driving the No. 52 entry to a fourth-place finish at Watkins Glen. Kaden Honeycutt is slated to drive for the Halmar-Friesen team at Richmond and in any other races that Friesen might miss the rest of the season. Friesen has made 200 Truck Series starts, competing full-time each season since 2018. He is a four-time winner on the circuit, and he reached the Championship 4 round of the playoffs in 2019.
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2 hours ago
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2025 Pebble Beach and Monterey Car Week Live Blog
"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." If Julian Fellowes's popular show The Gilded Age had taken place during the automotive era, the season finale might have found the city's elite not at a ball in Newport but at the concours at Pebble Beach. That's right, everyone, it's Monterey Car Week time. Put on your fanciest hat as the Car and Driver staff joins the car world's high rollers at the seaside. This year's Car Week promises reveals of limited-edition supercars and first looks at one-off concepts. We'll also find rare survivors, modified classics, all-star race cars, and, of course, an excess of exclusive (and perhaps also excessive) parties. We'll do our best to marry into high society and prevent our sordid former lives from becoming public knowledge. We've got our classy staffers Michael Aaron, K.C. Colwell, Drew Dorian, Joe Lorio, Eric Stafford, Dave VanderWerp, and myself (Elana Scherr) on the scene, and we'll be sharing photos, drives, and videos here in real time as well as on our social accounts. Check back throughout the week for updates, and let us know in the comments if there is something you'd like us to cover. —Elana Scherr Car and Driver on Instagram | Car and Driver on Facebook | Shop Now Thursday, August 14 The Tour d'Elegance is underway. The Concours cars drive on public roads from Pebble Beach to Big Sur and back. So cool to see them in motion. —Joe LorioMy morning consisted of a drive up Carmel Valley Road to a ranch to get a sneak preview of Ringbrothers' latest project, which will debut tomorrow at The Quail. More on that later. In the meantime, I can say I'm thoroughly enjoying my Giulia press car. I forgot how fun these are to drive, and Carmel Valley Road's twists and turns really highlight the Alfa's handling. Caleb Miller and I drove this same road in an E39 BMW M5 last year, and although the Giulia is certainly down on power from that car, it is just as fun to drive on those tight curves. —Drew Dorian Awaiting the start of the Tour d'Elegance, which affords an opportunity to see (many of) the Concours cars in motion. But first, it's like the world's most expensive traffic jam. —Joe Lorio Wednesday, August 13 Motorlux is a wild show and includes both high-dollar supercars and high-dollar private planes. How's that for variety? Since I spent all day in a Giulia, the star of the show for me is the gorgeous Alfa Romeo 33 Stradale. I'm told it will be on display at some other events this week so I'll try to get some better pictures next time so everyone can appreciate the sparkle of this red paint. —Drew Dorian Finally pulled into Monterey after a day's worth of driving up from Los Angeles. Alfa Romeo loaned me a sweet little Giulia Veloce for the trek. Met up with Elana Scherr in Calabasas and caravaned alongside her bright green BMW M2. After a lunch at the charming Madonna Inn in San Luis Obispo, we parted ways so I could rush up for my first car week event: Motorlux. —Drew Dorian The 2026 Mercedes-Maybach SL680 Monogram Series was my steed for the majority of my drive up to the peninsula from LA. The car is currently offered in just two variants: Red Ambience and White Ambience. The red version wears Garnet Red Metallic, a Manufaktur color, paired with a Crystal White interior—including the carpets. Remove your shoes before entering. All Maybach SL680s are powered by a 577-hp twin-turbocharged 4.0-liter V-8. Compared to other SLs, the Maybach version has a revised suspension and drive modes for more relaxed cruising. It also ditches the vestigial rear seats in favor of a leather-upholstered parcel shelf. The Maybach-pattern convertible top is standard; the Maybach-pattern hood is a $6500 option. With it, the bottom line was $232,550—suitably excessive for Pebble Beach. —Joe Lorio Drove a leg in this pristine final-year R129 Mercedes-Benz SL500 (just 8200 miles on the odometer!). I've always been a fan of this generation of SL, and today's drive only cemented that opinion. —Joe LorioAll packed with the essentials for a Car Week road trip: floppy hat, snacks in the cupholders, and a manual transmission. Let's go! —Elana Scherr PCH pit stop on the road to Pebble Beach. —Joe Lorio Ready, set, go! A 2002 Mercedes 500SL Silver Arrow leads a parade of Mercedes-Maybach SL680s from LA to Pebble Beach. —Joe Lorio Tuesday, August 12 The road to Monterey starts with a flight to California. Leaving from Newark, so... fingers crossed. When I land, I'll be driving a Maybach SL up from LA. —Joe Lorio You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!
