Meta Subscription Push Could Add Billions in Recurring Revenue, Says Rosenblatt 
HP Q2 2026 Earnings Beat Expectations Despite Memory Chip Pressure 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand 
Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut 
Samsung Union Dispute Escalates Over Semiconductor Bonus Vote 
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions 
SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
PDG Explores $1 Billion Sale of China Data Center Assets 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
Snowflake Stock Soars 30% After Q1 Earnings Beat and Major AWS AI Partnership 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
Synopsys Q2 FY2026 Earnings Beat Driven by AI and Semiconductor Demand 
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results 
Elon Musk has big plans for “Tesla Motors,” the automobile company that he is the CEO of. However, it seems that things are always getting in the way, such as the fatal crash that highlighted flaws in the carmaker’s Autopilot feature. On top of the international fervor that the incident caused, now “Tesla” has to contend with the loss of “Mobileye;” a partner that was supposed to help make automated driving possible for the electric car company.
As CNET notes, “Mobileye” leaving “Tesla” came after the two companies had a disagreement regarding the fatal accident involving an owner of a “Model S” that crashed into a truck. According to investigations, the owner was watching a movie when the accident happened, which is something that “Tesla” does not advise people should do when the Autopilot is on. In any case, “Mobileye” had a problem with the carmaker after that, which prompted its decision to break away from “Tesla.”
In response to its decision, investors were outraged, which then led to “Mobileye’s” stocks to plummet. According to Bloomberg, the company’s shares nosedived by 8.1 percent on Tuesday, putting the price at $45.33.
During a quarterly conference call, Mobileye Chief Technology Officer Amnon Shashua commented on how the company’s focus should be directed at ensuring the safety of drivers. This, he explains, is why they had to part ways with Musk’s company.
“There is much at stake here, to Mobileye’s reputation and to the industry at large,” Shashua explained. “We think that that’s not in the interest of Mobileye to continue with Tesla in that area.”
As far as the financial impact that the move would have on the company, Shashua also stressed that “Tesla” was not “material” to the success of the camera provider.
In response, Musk wrote in an e-mail that “Mobileye” was an inefficient service provider who was being dragged down by its products from previous generations, the Los Angeles Times reports. Apparently, he wasn’t surprised by the move.
“This was expected,” Musk said.
