Fidelity Electric Vehicles and Future Transportation ETF(FDRV.US)

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Fidelity Electric Vehicles and Future Transportation ETF
FDRV.US
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'Nobody Will Remember Tesla Ever Made A Car:' Tech Investor Says Optimus Could Become Elon Musk's Biggest Legacy

Tech investor Jason Calacanis believes Tesla's Optimus robot could eclipse the company's automotive legacy, calling it "the most transformative technology product ever made." After visiting Tesla's Optimus lab with Elon Musk, he stated that future generations will remember Optimus over Tesla's cars. Musk aims for a production cost of $20,000 to $30,000 per unit, and Calacanis envisions a one-to-one ratio of humans to Optimus robots, which could revolutionize tasks and potentially end poverty. However, the project faces competition from Chinese Unitree robots.

benzinga_article·
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BUZZ-Instacart falls as Kroger expands delivery with Uber

Shares of online grocery delivery platform Instacartdown 3.8% at $39.31Grocer Krogeradds nearly 2,700 stores on the Uber Eats, Uberand Postmates apps across the nation, as per its previously announced plans“The expanded partnership between Kroger and Uber offers some compelling incentives for shoppers that could draw them away from Instacart in the short term,” says Emarketer analyst Sky CanavesThough Instacart is the dominant player in the U.S. grocery intermediary space, it is losing share to Uber and Doordash, anaylst saysIn 2025, CART was up 3.6%

Reuters·
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Tesla Insurance files to expand into Tennessee, targeting March 2026 launch

Tesla is set to expand its in-house auto insurance program to Tennessee, targeting a launch date of March 1, 2026. This follows the recent rollout in Florida, marking the company's first expansion in over three years. The new program will feature a telematics-driven model, offering discounts based on the use of Tesla's Full Self-Driving system. Tesla Insurance has seen significant growth, generating $747 million in written premiums in the first nine months of 2025, prompting further market expansions.

DriveTeslaCanada·
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Global Electric Vehicle Leader: BYD Surpasses Tesla

2025: - BYD: 2.25 million electric vehicles - Tesla: 1.64 million electric vehicles Tesla's sales decreased by 9% year-on-year, while BYD's sales increased by 28%. For the first time in electric vehicle history, BYD surpassed Tesla

Wallstreetcn·
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Wallstreetcn·
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BYD Creates New Sub-Brand To Address Ride-Hailing Market: Report

Chinese automaker BYD has launched a new sub-brand, Linghui, aimed at the ride-hailing market, as part of China's Robotaxi expansion. The brand features four vehicles, including rebadged models like the Linghui e5 and e7. This strategic move is intended to differentiate BYD's offerings for fleet operators in the competitive ride-hailing industry. Meanwhile, Chinese companies are increasingly entering the international ride-hailing and autonomous driving sectors, with partnerships and milestones being achieved in robotaxi services.

benzinga_article·
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benzinga_article·
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