
Tesla Sues Ex-Optimus Engineer Alleging Theft of Robotic Trade Secrets
Zhongjie 'Jay' Li worked at Tesla between August 2022 and September 2024, according to a complaint filed in a San Francisco Federal Court late on Wednesday. Li worked on 'advanced robotic hand sensors—and was entrusted with some of the most sensitive technical data in the program,' Tesla's lawyers said in the complaint.

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4 hours ago
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Silicon Valley Startup Tensor Unveils $200K Luxury Robocar With 37 Cameras And Zero-Cloud Privacy For 2026 Launch
Silicon Valley startup Tensor plans to release the first personal Level 4 autonomous vehicle for consumers in the second half of 2026, challenging Tesla (NYSE:TSLA) and other self-driving hopefuls in a high-stakes race for autonomy, Forbes reports. The vehicle, built by Vietnamese automaker VinFast (NASDAQ:VFS), will combine "eyes off" self-driving capability with a folding steering wheel and retractable pedals that transform the driver's seat into a lounge-like space, the report says. Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can Tensor, rebranded from robotaxi operator AutoX, departs from the common industry path of launching ride-hailing services first, instead offering a luxury electric vehicle that owners can either drive themselves or allow to operate fully autonomously in approved zones. The company emphasizes privacy, allowing drivers to disable remote access and keep their travel data stored only in the vehicle. A Sensor Suite Built to Maximize Safety and Autonomy Tensor's robocar will feature one of the most extensive sensor arrays in the industry, with 37 cameras, five custom lidars, 11 radars, multiple microphones, ultrasonic sensors, collision detectors, water sensors, and more, many with self-cleaning systems for uninterrupted performance. Forbes says cameras under the chassis can detect obstacles beneath the vehicle, addressing a flaw that has plagued other autonomous systems. The fully drive-by-wire architecture includes triple-redundant braking and steering systems to meet strict safety requirements, paired with high-resolution lidar capable of dense environmental mapping. Interior features such as folding pedals, a retractable yoke, and a sliding central display maximize cabin space during self-driving mode. Trending: Bill Gates Warned About Water Scarcity. AI Foundation Model and Supercomputer Power the Drive The vehicle's intelligence will come from Tensor's proprietary "Foundation Model," a transformer-based AI system that Forbes says is similar in architecture to large language models like ChatGPT, designed for real-time decision-making and deep situational reasoning without relying on cloud servers. Tensor's AI blends rapid reflexive responses with slower, more deliberate analysis, enabling it to handle complex driving situations safely. An onboard supercomputer delivering 8,000 tera operations per second of processing power will analyze sensor data in real time, supported by a triple-layer redundancy system for critical functions. This setup includes processors from Nvidia (NASDAQ:NVDA), Texas Instruments (NASDAQ:TXN), NXP Semiconductors (NASDAQ:NXPI), and Renesas, ensuring continued operation even if primary systems Tesla's Delays in Consumer Self-Driving Tesla has repeatedly promised unsupervised self-driving "within a year" for the past eight years, but Forbes says the company currently offers only supervised driver-assist systems. Tensor's approach directly targets the consumer market rather than starting with taxi fleets, a move that could differentiate it in a crowded field of autonomous vehicle developers. Tensor acknowledges it will not be able to navigate every road at launch, focusing instead on highways and major arterials in non-snow regions. The company believes its combination of safety, privacy, and luxury will justify a price above existing premium EVs such as the Lucid Air, which ranges from $72,400 to $250,500. If Tensor can deliver on its 2026 promise, the report says it could redefine personal mobility by making Level 4 autonomy available for purchase, shifting self-driving from a service you summon to a vehicle you own. Read Next: In a $34 Trillion Debt Era, The Right AI Could Be Your Financial Advantage — Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Silicon Valley Startup Tensor Unveils $200K Luxury Robocar With 37 Cameras And Zero-Cloud Privacy For 2026 Launch originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

Wall Street Journal
5 hours ago
- Wall Street Journal
Air Canada Flight Attendants to Defy Back to Work Order
OTTAWA—The union representing 10,000 flight attendants at Canada's biggest airline, Air Canada AC 0.56%increase; green up pointing triangle, says its members will disobey a government order to return to work, putting the carrier's plans to restart flights into jeopardy. The Canadian Union of Public Employees, also known as CUPE, said Sunday it would ask a judge with the country's Federal Court to block the government's order, issued hours after flight attendants walked off the job following months of negotiations over compensation.
Yahoo
5 hours ago
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Is Palantir the Next Tesla?
Key Points Tesla is a popular stock among individual investors. Palantir also doesn't have much institutional ownership. Low institutional ownership can cause a stock to challenge traditional stock market practices. 10 stocks we like better than Palantir Technologies › Palantir's (NASDAQ: PLTR) impressive rise over the past few years has been nothing short of incredible. Still, there have also been questions surrounding Palantir's ability to deliver on the high expectations baked into the stock price. There has been no shortage of analysts calling for Palantir's fall (myself included) due to extreme valuation. This reminds me of another stock whose valuation metrics do not make a lot of sense: Tesla (NASDAQ: TSLA). However, Tesla has continued to defy traditional valuation metrics and has stayed at an elevated stock price for some time. Could Palantir fall into this same realm? Or is it so inflated that a crash is coming? Tesla and Palantir's rise look similar Tesla stock's primary rise started in 2020, increasing from about $24 per share all the way to around today's $340 per share. It returned over 1,100% over that time frame, resulting in a rise that few stocks have ever matched. Palantir's rise has similarly been rapid and impressive. Its stock rose from around $16 to $185 at the time of this writing, resulting in about 1,000% gains. Both companies delivered impressive performance in a very short amount of time, despite not increasing their revenue by 10 times (or more) over that time frame. As a result, most investors assume that they've grown too fast and are ripe for a pullback. But this analysis excludes a significant aspect of the investment thesis. Palantir and Tesla have low institutional ownership One of the reasons why Tesla's stock did so well over that time frame is that individual investors owned it. Individual investors don't have the same mindset as institutions. Various funds and other money managers are likely more devoted to traditional valuation metrics. If their discounted cash flow (DCF) models don't work out, then they avoid the stock entirely. However, companies like Tesla and Palantir break the mold of what traditional finance teaches, which can invalidate the assumptions that go into these models. Individual investors are far more likely to take a long-term view and note that Tesla's technology and vision could allow it to deliver massive growth over the long term. This illustrates a huge difference in approaches: Institutional investors utilize trailing metrics to predict the future, while individual investors look at the world and see where it could go. This difference has allowed stocks like Tesla and Palantir to thrive, leading to massive market outperformance as individual investors are less concerned with traditional valuation measures. Whether you think that's a correct approach to these two stocks or not is irrelevant; it's what's going on. Luckily, we have access to a metric that measures the percentage of shares outstanding that institutions own. For Tesla, about 49% of shares outstanding are institutionally owned. Compared to other tech giants, this is rather low. For comparison, Alphabet and Meta Platforms each have about 78% of shares outstanding owned by institutional investors. That's quite the difference and shows how much individuals, rather than large institutions, own Tesla. Palantir is in the same territory as Tesla, with about 53% of shares owned by institutions. Compared to the two closest companies in market cap to Palantir, Costco and ExxonMobil, these two have 69% and 67% of shares owned by institutional investors, respectively. Because Palantir has a similarly small amount of shares owned by institutional investors as Tesla, the stock will likely continue to perform in a manner that some may consider irrational. The decision to invest in Palantir is up to you, but investors need to be aware that after Tesla's massive run, the stock became incredibly volatile. Palantir could be approaching that point, but we'll find out in the coming years. Should you buy stock in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Keithen Drury has positions in Alphabet, Meta Platforms, and Tesla. The Motley Fool has positions in and recommends Alphabet, Costco Wholesale, Meta Platforms, Palantir Technologies, and Tesla. The Motley Fool has a disclosure policy. Is Palantir the Next Tesla? was originally published by The Motley Fool 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