Tesla's Rollercoaster Ride, Grab's Autonomous Ambitions: This Week In Mobility

Ananya Gairola

March 16, 2025

The past week has been a whirlwind of news for Tesla, Inc., with the electric vehicle giant making headlines for a variety of reasons. From a surprising switch in Baltimore to allegations of rebate manipulation in Canada, Tesla’s journey has been anything but smooth. Meanwhile, Southeast Asia’s ride-hailing giant, Grab Holdings, is making strides in the autonomous vehicle sector. Let’s dive into the details.

Baltimore Ditches Tesla for Ford

In a surprising turn of events, the city of Baltimore has decided to reverse a deal with Tesla that was set in 2024. The city had initially planned to use Tesla’s electric vehicles for police and other government officials. However, the deal has now been cancelled, with no political reasons cited for the change.

Read the full article here.

Also Read: Chip Equipment Maker ASML Faces Uncertainty As US Sanctions On China Impact Demand

Tesla Accused Of Gaming Canada’s EV Rebate Program

Tesla is under scrutiny in Canada, with four of its stores suspected of exploiting the country’s EV rebate program. The stores reportedly sold an average of 30 cars per hour over three days, claiming over half of the rebate funds.

Read the full article here.

Trump’s Tesla Purchase Could Boost Sales

President Donald Trump’s recent acquisition of a Tesla Model S Plaid for White House staff use could potentially drive up the company’s sales, according to Gary Black, Managing Partner of The Future Fund LLC.

Read the full article here.

Musk’s Optimism Vs Munster’s Prediction

While Tesla CEO Elon Musk expects the company’s output to double in the next few years, Gene Munster, Managing Partner at Deepwater Asset Management, predicts a drop in deliveries before a surge in 2026.

Read the full article here.

Grab Eyes Autonomous Future

Grab Holdings has teamed up with four global self-driving firms to explore autonomous solutions for its mobility and delivery services across Southeast Asia. The companies include China’s WeRide Inc and Zelos, Boston’s Motional, and South Korea’s Autonomous A2Z.

Read the full article here.

Also Read:

AI Chip Leaders Nvidia, AMD, Broadcom Slide Amid Marvell Earnings and US Policy Concerns

This story was generated using Benzinga Neuro and edited by Ananya Gairola

Recommended

Claim the "No.1 Coin of 2025" Before March 24th - Ad

Washington Won't Save You--but This 4-Step Plan Might - Ad

The DOGE Shock: Nine Stocks to Buy - Ad

Pliant Therapeutics' PLN-101095 showed partial responses in ICI-refractory tumors, with a 50% ORR at the highest dose tested in its Phase 1 trial.

AppLovin Taps Into Retail Ad Market, But Growth Hinges On Big-Brand Adoption: Analyst

Needham analyst Bernie McTernan has reiterated a Hold rating on AppLovin Corp. After reviewing over 2,200 ecommerce websites, McTernan's APP Ecommerce Tracker found 297 sites working with AppLovin, aligning with its 600 advertisers.

Trump, Musk & the Gold Play No One Sees Coming

Trump, Musk & the Gold Play No One Sees Coming - Ad

Fort Knox mystery could send gold skyrocketing. Because the real danger isn't missing gold. It's decades of Fed manipulation collapsing overnight. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding.

Intel Shares Surge As New CEO Plans Major Overhaul: What's Going On?

Intel Corporation (NASDAQ: INTC) shares are trading higher Monday following reports that incoming CEO Lip-Bu Tan is preparing a sweeping overhaul of the company's chip design, manufacturing operations and AI strategy.

'Horrific Report': Economists Warn Consumer Confidence Collapse Signals Economic Trouble

U of Michigan consumer confidence survey shows rapid decrease amid high inflation expectations, economists warn of bad omen for US economy.

Wall Street Legend Now Calling Exact Day Next Market Crash Will Start?

Wall Street Legend Now Calling Exact Day Next Market Crash Will Start? - Ad

Perhaps no one on or off Wall Street has more accurate in calling the market turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the exact month (even the exact day!) the next crash is most likely to start--don't miss this huge and important new call.

US envoy visits Moscow for ceasefire talks that a Russian official says would help Ukraine

An envoy of U.S. President Donald Trump arrived in Moscow on Thursday for talks on an American-proposed that Ukraine has accepted but which a senior Russian official said would help Kyiv by giving its a break, three years after .

TSMC Rides AI Wave: Sales Surge 39% In First 2 Months Of 2025 On Higher Demand

Taiwan Semiconductor Mfg. Co. Ltd. reported a 39.2% jump in its two-month revenue for January and February in 2025 as compared to last year.

UEC Soared 2,500 Percent--Could This Uranium Junior Be Next?

UEC Soared 2,500 Percent--Could This Uranium Junior Be Next? - Ad

Five years ago, UEC was a tiny uranium stock. Now, it's a $3.11 billion powerhouse. This small uranium junior is sitting on prime assets and could be next.

Nvidia, Meta Platforms, Oracle, Palantir, And Tesla: 5 Trending Stocks Amid Monday's Market Meltdown

NVDA, META, ORCL, PLTR, TSLA were among the stocks trending amid a market sell off on Monday, March 10, 2025.

South Africa plans to spend more on health and defense after the US cuts aid

JOHANNESBURG (AP) — Lawmakers in South Africa laid out plans to shore up the budgets for health and defense but also put up value added tax by 0.5%, a move that will raise the cost of living as consumers pay more for goods, including food, and services.

The Gold Shift No One's Talking About - Yet

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

LOCALIZE IT: DOGE is canceling hundreds of federal real estate leases. Investigate those near you

EDITORS AND NEWS DIRECTORS:

Critics warn staff cuts at federal agencies overseeing US dams could put public safety at risk

COULEE DAM, Wash. (AP) — Trump administration workforce cuts at federal agencies overseeing U.S. dams are threatening their ability to provide reliable electricity, supply farmers with water and protect communities from floods, employees and industry experts warn.

Warning: What They Haven't Told You (Yet) About the 2025 Selloffs

Warning: What They Haven't Told You (Yet) About the 2025 Selloffs - Ad

In light of massive recent selloffs... Stansberry Research has issued a new warning for the public. Their latest research shows the real truth about the 2025 tariff selloffs is much bigger -- and much worse -- than the public realizes. They say unless you take the right steps now... You could soon see your wealth cut in half.

Trump has begun another trade war. Here's a timeline of how we got here

NEW YORK (AP) — Long-threatened from U.S. President have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty.

This 'Dune' isn't fiction. It's the longest conveyer belt in the US and moving sand in Texas

KERMIT, Texas (AP) — It's longer than the width of Rhode Island, snakes across the oil fields of the southwest U.S. and crawls at 10 mph – too slow for a truck and too long for a train.

What should you be doing to "AI-Proof" your retirement?

What should you be doing to "AI-Proof" your retirement? - Ad

AI is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to AI-proof your wealth. He lays out three simple steps to take ASAP in his new video.

Meet the federal worker who went rogue: I hope that it lights a fire under people

NEW YORK (AP) — To billionaire Elon Musk and his cost-cutting team at the Department of Government Efficiency, Karen Ortiz may just be one of many faceless bureaucrats. But to some of her colleagues, she is giving a voice to those who feel they can't speak out.

Tesla Out, Ford In: City Of Baltimore Goes 'In A Different Direction' Reversing EV Deal From 2024

Tesla is losing an EV city fleet deal in Baltimore to Ford. A look at what happened and how politics may have factored into the decision.

March 20th: The NEXT 50X Nvidia Call

March 20th: The NEXT 50X Nvidia Call - Ad

In 2016 Louis Navellier made a big prediction regarding Nvidia's GPUs... Its stock price was a split-adjusted $1 and went up more than 7,000% at its peak. Don't miss Louis NEXT BIG Nvidia call. (Plus 6 stocks you need to own before March 20th.)

NBA Legend Shaq's Walmart Shopping Spree Ends In Credit Card Decline - Here's How Much He Tried To Spend

Basketball superstar Shaquille O'Neal's impact goes beyond basketball, with his larger-than-life personality and smart investments. Yet, one of his most unforgettable moments happened at Walmart.

Greece says ambitious Mediterranean power cable project is on track despite setbacks

ATHENS, Greece (AP) — The future of an ambitious electricity cable linking the power grids of , and Israel by the end of the decade is on track despite a series of setbacks, Greece’s Foreign Minister Giorgos Gerapetritis said Thursday.

A Tiny Uranium Stock Positioned for a Big Breakout

A Tiny Uranium Stock Positioned for a Big Breakout - Ad

A junior miner with high-grade uranium assets in Canada's Athabasca Basin and Central Mineral Belt is making moves. Plans are in motion, and the uranium market is heating up. Could this be the next UEC?

Mohamed El-Erian Says 'Fed Put' Optimism Rises As Inflation Cools - But 'Trump Put' Hopes Are Shaken

U.S. markets rallied on Wednesday after February's inflation report came in softer than anticipated, bolstering expectations for Federal Reserve rate cuts while investors reassess the economic impact of President Donald Trump administration's policies.

Broadcom Shares Jump 13% In After-Hours Trading On Strong AI Results - Gary Black Says, 'This Should Help AI Stocks Tomorrow

Broadcom Inc. shares jumped 12.82% in after-hours trading Thursday after reporting better-than-expected first-quarter results, recovering from a 6.33% drop during regular trading hours amid a broader artificial intelligence chip selloff.

The "Second Wave" of 2025 Crashes (Could Be Worst in Us History)

The "Second Wave" of 2025 Crashes (Could Be Worst in Us History) - Ad

According to the man who predicted 2008, 2020, and 2022... A new wave of crashes are coming to the US stock market. But these will be different. The moment they hit, they could kick off the worst (and longest) financial crisis in American history.

Ford shows off a treasure trove of rarely seen vehicles to a select few at its Michigan headquarters

DEARBORN, Mich. (AP) — A select few are getting the chance to set their gaze on a slew of rarely seen Ford vehicles at the automaker's Michigan headquarters.

Schools use AI to monitor kids, hoping to prevent violence. Our investigation found security risks

One student asked a search engine, “Why does my boyfriend hit me?” Another threatened suicide in an email to an unrequited love. A gay teen opened up in an online diary about struggles with homophobic parents, writing they just wanted to be themselves.

The Billionaire Bet That Could Change Uranium Forever

The Billionaire Bet That Could Change Uranium Forever - Ad

The world's richest investors--Gates, Bezos, Altman--are pouring billions into nuclear energy. With uranium demand surging, one tiny uranium junior could potentially be the next big winner.

How to roll over an old 401(k)

Old are a little like the old clothes in the back of your closet. You know you should do something about them, but there they sit, mostly out of sight and mind.

Bitcoin, Dogecoin Rise, Ethereum Trades Flat On Cooler-Than-Expected Inflation: Top Analyst Anticipates BTC's Bullish Breakout Toward $91,000

Leading cryptocurrencies rose further on Wednesday as cooler inflation data boosted risk appetite.

Exposed: 3 Cent Crypto to Explode March 24th?

Exposed: 3 Cent Crypto to Explode March 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on March 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Alibaba Unveils New AI Chip To Power China's Open-Source Tech Push, Challenge US Chip Giants

Alibaba's new processor, XuanTie C930, boosts China's semiconductor industry by promoting open-source chips & AI acceleration, amid US sanctions.

Trump vs Musk? Federal Workers Unconvinced He'll Take Action: 'If They Don't Cut, Elon will, Comments Show Who's Really In Charge'

President Donald Trump has reportedly limited the authority of his billionaire advisor, Elon Musk, to dismiss federal employees. This development has stirred skepticism among the workforce and political circles.

The $20 Trillion Secret of Room 3330

The $20 Trillion Secret of Room 3330 - Ad

Developed by the U.S. military 79 years ago, this controversial technology is about to change American life forever: Elon Musk has already funneled $6 billion to resurrect this covert project -- and the companies involved are minting 10,000 millionaires every week [Goldman Sachs].

Chuck Schumer Blames GOP For 'Partisan Path' As Shutdown Nears - Republicans Say 'Democrats' Fault' If Government Closes

Congressional leaders exchanged sharp criticisms Wednesday as the federal government faces a potential shutdown within days, highlighting the partisan divide over spending priorities and negotiation tactics.

Miu Miu celebrates femininity with a star-studded cast at Paris Fashion Week show

PARIS (AP) — At Miu Miu, the little sister brand of , the feminine wasn’t just celebrated — it was deconstructed, reconfigured and worn with a wink.

[Revealed] Trump and Elon's Shocking New Plan for America

[Revealed] Trump and Elon's Shocking New Plan for America - Ad

Three patents could help President Trump and Elon Musk completely revolutionize a $23 Trillion market. This revolution is about so much more than just self-driving cars. Instead, what Elon's pivoting Tesla towards... Is a market that's 1,000X BIGGER. But a project THIS big can't stay under the radar for long...

Top ISIS Leader Killed In US-Iraqi Strike - 'Relentlessly Hunted Down by Our Intrepid Warfighters,' Says Trump

President Trump confirms the death of ISIS leader Abu Khadijah in a U.S.-Iraqi strike, celebrating it as a major victory in the fight against terrorism.

Trending Now