Tesla (TSLA) reported weaker-than-expected deliveries in its third quarter as factory upgrades impacted some production. Rivian (RIVN) beat expectations for its third quarter deliveries, which increased more than 140 percent from last year. Shares declined, however, on concerns about the company's forecast. Yahoo Finance Live discusses the news. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
It's not just carmakers like Tesla (TSLA) and General Motors (GM) investing in the driverless cars space. Tech companies like Alphabet's Waymo (GOOGL, GOOG), chipmaker Nvidia (NVDA), and auto tech company Mobileye Global (MBLY) are investing big in the space. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the big business behind autonomous vehicles. For more from this episode of NEXT: Self-Driving Cars: The Road to Autonomy (full episode) Cashing in: How to invest in self-driving technology How Tesla’s Dojo supercomputer will supercharge self-driving vehicle technology How May Mobility is bringing self-driving cars to the streets
Chinese EV makers Nio Inc. (NIO), Li Auto (LI), XPeng Motors (XPEV) reportedly delivered 66,831 vehicles in the month of September, while Tesla (TSLA) shares tick down in early market trading after missing on third-quarter delivery estimates. Yahoo Finance Live compares the electric vehicle manufacturers' performances, breaking down potential regional trends. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.