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Tesla's chair insists no one other than Elon Musk is capable of leading the company’s transition into artificial intelligence and robotics — but it’s possible he won’t do it from the CEO’s seat.

Hesai, which raised $192 million in its U.S. initial public offering in 2023, was added to a Pentagon blacklist of companies linked to China’s military last year.

The German truck maker is working with Bank of America Corp. to sound out potential investors interested in acquiring a minority stake in Torc.

Tesla’s worldwide vehicle deliveries fell 13% in the first half of the year, putting the company on course for its second consecutive annual decline.

This Aurora-McLeod software integration will make it easier for mutual customers to adopt autonomous trucks and pave the way for broader industry deployment of this emerging technology.

The Guangzhou-headquartered firm’s optimism comes as it eyes new markets in Europe. Road testing is being carried out in Luxembourg.

“We’re accelerating the development of autonomous driving technology capable of operating without active human oversight,” spokeswoman Chaiti Sen said in a statement.

Legislation that aims to establish a nationwide policy framework for autonomous commercial vehicles was recently introduced in the U.S. House of Representatives.

U.S. auto safety regulators granted an exemption to federal vehicle safety standards for purpose-built driverless cars made by Zoox, the Transportation Department said in a statement.

The Pittsburgh-based automated driving developer during the quarter launched commercial driverless operations, added a terminal in Phoenix and began initial nighttime operations.