Mobileye
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Why China’s Carmakers Are Racing Into Humanoid Robots — Tesla’s Bet, Copied
Chinese automakers, facing declining car profit margins, are heavily investing in humanoid robots, mirroring Tesla's strategy. Xpeng's robotics arm recently secured significant funding, highlighting a broader trend across the sector with companies like BYD and Chery also developing humanoid robots. While hardware manufacturing is a strength for these companies, catching up to Tesla in AI development remains a key challenge.
Evening Reading - June 16, 2026
This edition of Evening Reading covers various internet happenings, including a review of UFC 6 and mentions of indie games like Tanuki: Pon's Summer and Mina the Hollower. It also touches on AI developments such as the Pokemon TCG AI Battle Challenge and SpaceX's acquisition of Cursor AI.
Mobileye (MBLY) plans to launch US robotaxi service in 2027
Mobileye plans to launch a self-driving robotaxi service in a major US city in 2027, initially deploying a fleet of 100 vehicles. The company intends to expand this service to approximately 17,000 vehicles over the following five years. This announcement positions Mobileye as a competitor to Tesla in the autonomous vehicle market.
