Latest news with #Lidar
Yahoo
5 days ago
- Automotive
- Yahoo
Lucid's Level 2 Hands-Free Driver Assist Is Finally Coming This Month
When it comes to fully self-driving cars, we're dealing with a two-horse race: Waymo vs. Tesla. And in that competition, Waymo has a huge lead, thanks to a heavy investment in Lidar, or laser radars. Tesla is relying on cameras and computing power to play catch up. Importantly, both companies are aiming to establish profitable robotaxi services. Meanwhile, other automakers simply want to enhance their driver-assist features, and Lucid is now doing just that, adding hands-free capability to its DreamDrive Pro system. A lot of carmakers are content to improve their driver-assist suite without taking the plunge on full autonomy. They aren't in the robotaxi game, and their objective is basically to stay competitive. For Lucid, its luxurious Air sedan and Gravity SUV need a hands-free option, as well as a lane-change assist feature. According to Lucid, owners of the Air will have access to the improvements as an over-the-air update on July 30, and it's coming to the Gravity later this year. Read more: These Are The Worst New Car And SUV Deals Right Now, According To Consumer Reports Driver-Assist Is Nowhere Near Self-Driving These types of Level 2 driver-assist technologies are pitched as stress-relievers rather than driver-eliminators. It's best to consider them as a form of advanced adaptive cruise control that allows the driver to take their hands off the wheel, change lanes without actively steering, and subject themselves to attention monitoring. Let your eyes wander, and the vehicle will prompt you to get those hands back on the wheel. Cool stuff, but not cheap. DreamDrive Premium is standard on all Air trims; going to Pro is $2,500 more (the exception being the fully kitted $250,000 Air Sapphire). Tesla's "Autopilot" with "Full-Self-Driving" (FSD) is an $8,000 add-on at purchase, or a $99-per-month subscription if you want it later, and it doesn't actually permit hands-free driving. I've always been on the fence about whether these systems are worth it. In a General Motors vehicle equipped with Super Cruise, I've definitely de-stressed while feeling entirely safe. In a Tesla, I've had more uneven experiences, although it's been a while since I sampled the latest and greatest that "Autopilot"/FSD delivers. Lucid's system is certainly comprehensive, including lidar, radar, visible-light cameras, surround-view cameras, and ultrasonic sensors, according to the company. Less Stressful For The Driver, More Stressful For The Automaker A startup like Lucid is under immense pressure to keep pace with the rest of the industry while also presenting itself as an EV innovator. Advanced Driver Assistance Systems (ADAS) are becoming ubiquitous and are a marker of how cars are becoming more futuristic. They aren't a last-century industrial technology. So Lucid's customers expect that an EV costing more than $100,000 (for the Air Grand Touring trim) is going to be state-of-the-art, even if the company needs to manage the numerous challenges of creating a carmaker from scratch. Do customers think their Lucid needs to do everything a Tesla can? Maybe not. But as the company noted in its press release announcing the new features, it wants to push the story of its vehicles being "software defined." It also wants to retain an autonomous-mobility subplot. On the other hand, it's great to see Lucid continuing to go after Tesla at every opportunity and striving to maintain technological parity. The cheapest Gravity SUV is $80,000, so Lucid isn't encumbered by having to make every decision based on affordability. What we have here are unabashedly premium EVs. They actually should have every available high-tech bell and whistle, even if full autonomy isn't quite yet in the picture. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
Yahoo
15-07-2025
- Automotive
- Yahoo
Investor Ross Gerber is even more bearish on Tesla after Trump's tax bill. Here's how much further he thinks the stock could fall.
Ross Gerber has been calling for a painful drop in Tesla stock all year. The longtime Tesla investor sees the elimination of the EV tax credit as a new headwind. He thinks the stock should be trading more in line with the valuation of other Magnificent 7 names. One of the market's most vocal Tesla bears doesn't see a lot to get excited about for Elon Musk's carmaker through now and the end of the year. Ross Gerber, CEO and president of Gerber Kawasaki Wealth and Investment Management, has strongly critiqued the company and its leadership under Musk this year. He accurately predicted a crash in the stock price earlier in 2025 as sales stalled and investors grew dismayed with the CEO's work in politics. Tesla stock has recovered its steepest losses, but it's still down 17% year-to-date — and Gerber sees it declining even further by year-end. Geber told Business Insider that he sees the stock ending the year at roughly $200 per share, implying potential downside of roughly 36% from Monday's price of around $314. Once a prominent shareholder and Musk backer, Gerber has substantially scaled back his Tesla position, and has been clear about why. With Musk's relationship with Donald Trump on the rocks and lingering brand damage from his foray into politics during his stint at the Department of Government Efficiency, Gerber told Business Insider that he now sees another reason to be bearish on the stock. Gerber said that the One Big Beautiful Bill Act that Trump signed on July 4 will negatively impact the company. He recalled initially describing it as the "Tesla enrichment act," highlighting how much changed with the elimination of EV tax credits. The bill ends many years of government support for electric cars much earlier than expected. The $7,500 tax credit, which was a big incentive for drivers to go electric, will sunset on September 30. "Now there's nothing good for Tesla in this bill," Gerber said. "It's a serious step back for them to have to deal with this." Musk has also spoken out against the bill, directly criticizing Trump for it and describing it as a "disgusting abomination" because of its potential to increase the deficit. The president responded by claiming that the Tesla CEO may be receiving "more subsidy than any human being in history." Their public disagreement sent Tesla stock tumbling, with Gerber describing the feud as a "disaster for Tesla stock." In addition to the challenges created by eliminating a lucrative consumer incentive, he also highlighted potential problems with Tesla's hugely anticipated robotaxi service, something Musk—and Wall Street—have staked the company's future on. Gerber has instead praised Waymo, Tesla's primary rival in the autonomous driving space. In his view, Waymo's work with Lidar and digital mapping gives it a clear advantage over Tesla. "Tesla should just accept that and do what they need to do to get the service to work," he stated. "But as of now, nobody has full self-driving software that actually is consistent enough to drive across a real town." Between those challenges and the revenue loss that could stem from the end of the EV tax credit, Gerber predicts more pain for the stock. "I think the stock is way overvalued and should trade in line with its Mag 7 peers," he said. Tesla was trading at almost 170x earnings on Monday. For comparison, Nvidia stock was trading at 54x earnings. Based on his opinion that Tesla should be valued more in line with other mega-cap tech names, Gerber said the stock should be trading around $150, "plus whatever fantastical valuation you want to put on taxis and robots." Read the original article on Business Insider
Business Insider
15-07-2025
- Automotive
- Business Insider
Investor Ross Gerber is even more bearish on Tesla after Trump's tax bill. Here's how much further he thinks the stock could fall.
One of the market's most vocal Tesla bears doesn't see a lot to get excited about for Elon Musk's carmaker through now and the end of the year. Ross Gerber, CEO and president of Gerber Kawasaki Wealth and Investment Management, has strongly critiqued the company and its leadership under Musk this year. He accurately predicted a crash in the stock price earlier in 2025 as sales stalled and investors grew dismayed with the CEO's work in politics. Tesla stock has recovered its steepest losses, but it's still down 17% year-to-date — and Gerber sees it declining even further by year-end. Geber told Business Insider that he sees the stock ending the year at roughly $200 per share, implying potential downside of roughly 36% from Monday's price of around $314. Once a prominent shareholder and Musk backer, Gerber has substantially scaled back his Tesla position, and has been clear about why. With Musk's relationship with Donald Trump on the rocks and lingering brand damage from his foray into politics during his stint at the Department of Government Efficiency, Gerber told Business Insider that he now sees another reason to be bearish on the stock. Gerber said that the One Big Beautiful Bill Act that Trump signed on July 4 will negatively impact the company. He recalled initially describing it as the "Tesla enrichment act," highlighting how much changed with the elimination of EV tax credits. The bill ends many years of government support for electric cars much earlier than expected. The $7,500 tax credit, which was a big incentive for drivers to go electric, will sunset on September 30. "Now there's nothing good for Tesla in this bill," Gerber said. "It's a serious step back for them to have to deal with this." Musk has also spoken out against the bill, directly criticizing Trump for it and describing it as a "disgusting abomination" because of its potential to increase the deficit. The president responded by claiming that the Tesla CEO may be receiving "more subsidy than any human being in history." Their public disagreement sent Tesla stock tumbling, with Gerber describing the feud as a "disaster for Tesla stock." In addition to the challenges created by eliminating a lucrative consumer incentive, he also highlighted potential problems with Tesla's hugely anticipated robotaxi service, something Musk—and Wall Street—have staked the company's future on. Gerber has instead praised Waymo, Tesla's primary rival in the autonomous driving space. In his view, Waymo's work with Lidar and digital mapping gives it a clear advantage over Tesla. "Tesla should just accept that and do what they need to do to get the service to work," he stated. "But as of now, nobody has full self-driving software that actually is consistent enough to drive across a real town." Between those challenges and the revenue loss that could stem from the end of the EV tax credit, Gerber predicts more pain for the stock. "I think the stock is way overvalued and should trade in line with its Mag 7 peers," he said. Tesla was trading at almost 170x earnings on Monday. For comparison, Nvidia stock was trading at 54x earnings. Based on his opinion that Tesla should be valued more in line with other mega-cap tech names, Gerber said the stock should be trading around $150, "plus whatever fantastical valuation you want to put on taxis and robots."
CNET
14-07-2025
- Business
- CNET
This AI-Powered Shark Robot Vacuum Is a Staggering $350 Off at Amazon
While we may not have robots cooking our meals or fully automated houses yet, we do have handy robot vacuums to help keep our floors clean. One of our favorites is the Shark AV2501AE, which uses AI to navigate. This robot vacuum ordinarly retails at $650, but right now you can pick it up at an incredible discount. Amazon has slashed $350 off the usual price, which drops it down to just $300. That's a 54% discount, one of the lowest prices we've seen for this advanced robot vacuum. This deal is listed as a limited-time offer, so we don't expect a bargain this good to be available for long. For that reason, we'd recommend getting your order in sooner rather than later. The last time we saw this exact model go on sale, it was down to $330 so this price beats that by $30. This Shark Robot vacuum has some fancy features that make it a pretty great value for the price. It boasts 650 watts of power so it can handle serious messes, and and has a self-cleaning roller brush that won't get tangled with hair -- making it a great option for homes with heavy shedders. It's equipped with Lidar navigation to avoid obstacles and map your home, and uses AI to generate the optimal cleaning route. Plus, you can use the companion app to set a custom cleaning schedule or room-by-room cleaning. It also comes with a self-emptying base station that can hold up to 60-days worth of debris so you can go around two months without having to empty the base. Why this deal matters There are plenty of more affordable robot vacuums on the market that only offer the basics, but this Shark model offers more advanced features like AI optimization, room-by-room scheduling and a large self-emptying base station. It's pretty rare to get all these kinds of features for less than $500, which makes this deal a pretty great bargain. The last time we saw this exact model on sale back in March, it was down to $330, which was a great price. At only $300, it doesn't get much better. But if you're looking for other options, don't skip our full roundup of vacuum deals with plenty of variety from top brands.
The Market Online
14-07-2025
- Business
- The Market Online
Transatlantic Mining samples bonanza-grade copper in Idaho
Transatlantic Mining (TSXV:TCO) sampled bonanza-grade copper up to 36.1 per cent on its Monitor project, which is located about 8 kilometres south of Taft, Idaho Transatlantic Mining is a junior precious and base metal miner in the United States Transatlantic Mining stock has added 11.11 per cent year-over-year and 100 per cent since 2020 Transatlantic Mining (TSXV:TCO) sampled bonanza-grade copper on its Monitor copper-gold project, which is located about 8 kilometres south of Taft, Idaho. This content has been prepared as part of a partnership with Transatlantic Mining Corp., and is intended for informational purposes only. Surface samples at the Big Elk prospect returned an outcrop sample of 36.1 per cent copper over 2.6 metres, as well as a gossanous sample of 6.6 per cent copper, while underground samples at the Anvil prospect show a system of multiple copper fissure veins. Additionally, an initial 1,100 metres of drilling across 14 drillholes intersected historical workings and validated the geometry of known mineralized structures, granting the company a firm foundation for future exploration targets. Transatlantic's 80-per-cent-owned Monitor project, last operating in 1910, houses four historic copper mines that produced a collective 1,500 tons of copper-gold-silver-bearing ore at an average grade of 15 per cent copper. The project is located along the eastern portion of Idaho's Coeur d'Alene mining district, which has yielded more than 1.2 billion ounces of silver, 8.3 million tons of lead, 3.3 million tons of zinc, 207,000 tons of copper and 529,000 ounces of gold to date. Leadership insights 'We are very pleased with the successful outcomes of our exploration at Big Elk, which has confirmed our geological understanding and the presence of copper mineralization,' Bernie Sostak, Transatlantic Mining's chief executive officer, stated in Monday's news release. 'Our initial magnetic survey results and new Lidar data are providing compelling insights, supporting delineation of fissure veins and offering a clearer picture of the historical workings. This comprehensive information, covering both Big Elk and Anvil, is actively being integrated into an updated NI 43-101 report for the Monitor project, positioning us strongly for our next targeted drill campaign and the discovery of additional veins within the claim package.' About Transatlantic Mining Transatlantic Mining is a junior precious and base metal miner in the United States. Besides its flagship Monitor project, the company is earning into the high-grade, past-producing Miller gold property and wholly owns the Golden Jubilee gold project, both in Montana. Transatlantic Mining stock (TSXV:TCO) is unchanged trading at C$0.10. The stock has added 11.11 per cent year-over-year and 100 per cent since 2020. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
