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Tesla Talks Big, While Alphabet And Baidu Surge Ahead In Robotaxi Race (CORRECTED)
Wednesday, May 28, 2025 - 8:30am | 551Editor’s note: This article has been updated to reflect that Baidu’s robotaxi operations now cover 15 cities globally. Elon Musk has promised robotaxis every year since 2016 – and now, the latest vow is that Tesla Inc (NASDAQ:TSLA) will launch a fleet in Austin, Texas, by June....
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Cathie Wood Dumps Block Shares As Bitcoin Hits Fresh All-Time High, Buys Baidu Amid Robot Car Buzz
Thursday, May 22, 2025 - 9:32pm | 656On Thursday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Baidu Inc. (NASDAQ:BIDU). The investment firm sold shares of the Jack Dorsey-led company through its ARK Next Generation Internet ETF (BATS:ARKW) while acquiring shares of Baidu through the ARK...
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Tesla's Party Could Be Crashed By Baidu As Chinese Rival Considers Global Robotaxi Expansion
Wednesday, October 9, 2024 - 2:44am | 584Baidu Inc. (NASDAQ:BIDU) is reportedly considering expanding its robotaxi unit, Apollo Go, into international markets. This move comes as the company’s CFO, Rong Luo, transitions to a new role within the company. What Happened: Baidu’s Apollo Go is in discussions with several companies...
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This Internet Giant Has Secured China's First-Ever Fully Driverless Robotaxi License
Monday, August 8, 2022 - 1:28am | 344Chinese internet giant Baidu Inc. (NASDAQ: BIDU) said on Monday it has secured the country's first-ever permits to commercially offer fully driverless robotaxi services to the public on open roads in Chongqing and Wuhan. Service Start: Apollo Go, Baidu’s autonomous ride-...