Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.

Some analysts like Wedbush Securities’ Dan Ives have claimed that Musk’s influence in Trump’s administration will be a boon for Tesla and could skyrocket the company’s valuation to $2 trillion, from its current $1.29 trillion market cap.

Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.

Tesla's 'full self-driving' tech is slated for this summer in Austin, Texas. The news helped raise the company's stock.

That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since 2018. Last year, EVs and hybrids together made up 20% of U.S. new car sales and that number is significantly higher globally, propelled especially by China, where EVs alone make up 50% of new car sales.

As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.

Tesla has posted a slump in profits after the first sales decline in its history as Elon Musk’s car company faces growing Chinese competition and flatlining interest in electric vehicles (EVs...

Tesla's fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.

Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

The BYD Seal offering is simpler, with just the £45,695 Seal Design and the £48,695 Seal Excellent AWD to pick from. Both have the same battery but the cheaper model has a single motor driving the rear wheels, while the pricier car has two motors and all-wheel-drive.