Tesla Scores FCC Waiver For Wireless Cybercab Charging System On Wednesday, Tesla's first Cybercab officially rolled off the production line in Texas. The Model Y robotaxi is a two-passenger, self-driving EV with no steering wheel or pedals, though it will have a human "safety monitor" in most cases. Congratulations to the Tesla team on making the first production Cybercab! https://t.co/TFSVQcbME5...
Tesla Scores FCC Waiver For Wireless Cybercab Charging System On Wednesday, Tesla's first Cybercab officially rolled off the production line in Texas. The Model Y robotaxi is a two-passenger, self-driving EV with no steering wheel or pedals, though it will have a human "safety monitor" in most cases. Congratulations to the Tesla team on making the first production Cybercab! https://t.co/TFSVQcbME5 — Elon Musk (@elonmusk) February 17, 2026 What's more, Musk confirmed that they will cost under $30,000 - something he was challenged to do by YouTuber Marques Brownlee, who vowed to shave his head on camera if Musk could pull off that price point before 2027. Marques Brownlee in October 2024 on the Cybercab being delivered before 2027 for $30,000: "There's no way they're actually going to be able to do that. If they do, I will shave my head on camera. I'm that confident they won't do it." Today, Tesla announced that the first… https://t.co/CDMz7IfGbG pic.twitter.com/6iu2QDR4Cl — Sawyer Merritt (@SawyerMerritt) February 17, 2026 Yes — Elon Musk (@elonmusk) February 17, 2026 Wireless Charging Bitchez Today, the Federal Communications Commission (FCC) granted Tesla approval to use Ultra-Wideband (UWB) radio technology in its wireless EV charging system - granting the company a waiver so that Cybercabs recharging pads can be installed on fixed outdoor equipment, which is major . "The Tesla positioning system is an impulse UWB radio system that enables peer-to-peer communications between a UWB transceiver installed on an electric vehicle (EV) and a second UWB transceiver installed on a ground-level pad, which could be located outdoors, to achieve optimal positioning for the EV to charge wirelessly," the company said in the FCC document granting approval. As journalist Sawyer Merritt notes on X: The FCC today officially granted @Tesla a waiver allowing it to use Ultra-Wideband (UWB) radio technology for its wireless EV charging system that will be used to wirelessly charge the ...
Two years ago, the successful union drive at this plant was expected to spark victories throughout the South. But now, as members vote to make their contract official, momentum has fizzled. (Image credit: Stephan Bisaha)
Two years ago, the successful union drive at this plant was expected to spark victories throughout the South. But now, as members vote to make their contract official, momentum has fizzled. (Image credit: Stephan Bisaha)
Tesla unveiled a new cheaper Cybertruck model in the U.S. on Thursday, priced at $59,990, making the dual-motor all-wheel-drive version its "most affordable" Cybertruck yet. The company also reduced the price of Cyberbeast, its most-expensive Cybertruck pickup truck model, to $99,990 from $114,990, according to pricing information on the electric-vehicle maker's website. With the price cut, T...
Tesla unveiled a new cheaper Cybertruck model in the U.S. on Thursday, priced at $59,990, making the dual-motor all-wheel-drive version its "most affordable" Cybertruck yet. The company also reduced the price of Cyberbeast, its most-expensive Cybertruck pickup truck model, to $99,990 from $114,990, according to pricing information on the electric-vehicle maker's website. With the price cut, Tesla looks to be discontinuing its "Luxe Package" for the model that included Supervised Full Self-Driving and free access to its Supercharger network.
Earnings Call Insights: CarGurus (CARG) Q4 2025 Management View Jason Trevisan, CEO, described 2025 as "a pivotal year for CarGurus," highlighting accelerated product innovation, significant growth and profitability, and a focus on disciplined share repurchases. He reported "revenue from continuing operations grew 14% for the full year" and "adjusted EBITDA from continuing operations grew 25% year...
Earnings Call Insights: CarGurus (CARG) Q4 2025 Management View Jason Trevisan, CEO, described 2025 as "a pivotal year for CarGurus," highlighting accelerated product innovation, significant growth and profitability, and a focus on disciplined share repurchases. He reported "revenue from continuing operations grew 14% for the full year" and "adjusted EBITDA from continuing operations grew 25% year-over-year." Trevisan emphasized international expansion, with "27% year-over-year revenue growth, driven by accelerated dealer acquisition, wallet share expansion and strong lead growth." He stated, "We launched more new products in 2025 than in any prior year, embedding data and intelligence directly into dealer workflows and consumer decision-making." He announced the wind down of CarOffer, retaining its technology and data to bolster inventory products, and confirmed CarGurus now reports as a single segment. Trevisan shared, "Fourth quarter revenue grew 15% year-over-year to $241 million at the high end of our guidance range, driven by strength in our subscription-based listings revenue as well as overperformance in advertising and strength in our international business." He also revealed, "We repurchased about $350 million in shares, completing our 2025 share repurchase program," and that the Board authorized a new $250 million share repurchase program through December 31, 2026. Regarding innovation, Trevisan explained, "We expect the monetized dealer products we launched in 2025 to grow approximately 15x in 2026 and achieve 8-figure revenue levels and exciting exit rates." Outlook CarGurus expects "first quarter revenue to be in the range of $240.5 million to $245.5 million, up between 13% and 16% year-over-year." For the full year, "we expect 2026 revenue to grow in the range of 10% to 13% year-over-year." Non-GAAP adjusted EBITDA margins are projected to "compress approximately 1.5 to 2.5 percentage points in 2026 relative to 2025." Trevisan stated, "We plan to cont...
Earnings Call Insights: American Coastal Insurance Corporation (ACIC) Q4 2025 Management View President & CEO B. Martz highlighted that "American Coastal continued to demonstrate that we are a unique, high-performing specialty underwriter producing strong returns on capital that is very well positioned for the future." Martz cited a lack of hurricane activity as a factor driving strong earnings gr...
Earnings Call Insights: American Coastal Insurance Corporation (ACIC) Q4 2025 Management View President & CEO B. Martz highlighted that "American Coastal continued to demonstrate that we are a unique, high-performing specialty underwriter producing strong returns on capital that is very well positioned for the future." Martz cited a lack of hurricane activity as a factor driving strong earnings growth versus the prior year, adding that "our full year net income of $106.8 million exceeded our full year guidance at the beginning of 2025, which was $70 million to $90 million. And even with a major hurricane loss, ACIC would have landed above the midpoint of our guidance." Martz reported a rebound in premiums written, increasing approximately 59% from the third quarter, though down 19% year-over-year due to rate decreases, stating, "Rates are falling in our business due in large part to Florida's legislative reforms that are clearly working as evidenced by reduced reinsurance costs and lower losses incurred." Martz revealed new growth pathways: "Last month, we revealed plans to improve the company's business profile by introducing new revenue and earnings growth pathways in the E&S market." Chief Financial Officer Svetlana Castle stated, "American Coastal demonstrated another strong quarter with net income of $26.6 million. Core income was $25.8 million, an increase of $19.8 million year-over-year due to a $20.5 million decrease in incurred losses as Hurricane Milton made landfall in the fourth quarter of 2024, resulting in a full excess of loss catastrophe retention." Castle emphasized, "Our combined ratio was 58.6% for the quarter and 60.1% for the full year. Our non-GAAP underlying combined ratio, which excludes current year catastrophe losses and prior year development, was 58.9% for the quarter, a decrease of 7 points from the prior year." Castle added, "Cash and investments grew 19.8% in 2025 to $647.7 million, reflecting the company's strong liquidity position. S...
The post Snap (SNAP) Stock Price Prediction: 2026, 2027, 2030 by Rachel Lucio appeared first on Benzinga . Visit Benzinga to get more great content like this. Analysts are saying that Snap could hit $2.32 by 2030. Bullish on SNAP? Invest in Snap on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get...
The post Snap (SNAP) Stock Price Prediction: 2026, 2027, 2030 by Rachel Lucio appeared first on Benzinga . Visit Benzinga to get more great content like this. Analysts are saying that Snap could hit $2.32 by 2030. Bullish on SNAP? Invest in Snap on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025. Snap Inc. (SNAP) has recently been one of the more volatile performers in the Communication Services sector, but its large user base on messaging app Snapchat, investments in innovation, and low price could make it an appealing option for long-term growth investors with a high-risk tolerance. Below, we’ll draw on recent trends, Expert analysis, and algorithmic projections to survey Snapchat stock price predictions for 2026, 2027, and 2030. SNAP Chart by TradingView Table of contents [ Show ] Current Snap Stock Overview Quick Snapshot Table of Predictions Bull & Bear Case Snapchat Stock Price Prediction for 2026 Snapchat Stock Price Prediction for 2027 Snapchat Stock Price Prediction for 2030 Investment Considerations Frequently Asked Questions Current Snap Stock Overview Market cap: $8.23 Billion Trailing P/E Ratio: – – Forward P/E Ratio: 10.38 1-Year Return: -53.62% 2026 Year to Date: -38.04% Stock performance remains volatile as Snap loses money but invests for future growth. As of February 2026, Snap Inc. (SNAP) trades around $5 per share, and investor sentiment is extremely mixed with the current price near an all-time low and down 90% from its record high of $94. The company is currently losing money on a net income basis, but it is investing for future growth, leading some analysts to find it undervalued with huge upside potential; others worry that factors like risk, volatility and competition may be too great for Snap to sustain, despite recent signs of recovery. Investors are ...