Tesla launches Robotaxi in Austin, showcasing potential for future growth in autonomous transportation.
From Nasdaq
June 25, 2025 11:55:00 am:
Fair Isaac Corp. will include buy now, pay later data in its FICO scoring system. Tesla rolls out Robotaxis in Austin, Texas, with a limited fleet of Model Ys. Eli Lilly’s anti-obesity pill shows promising results in Phase III trial. Fiserv launches its own stablecoin. FedEx founder Fred Smith passes away.
Investors look past US strikes on Iranian nuclear facilities, focusing on stock gains. Tesla’s Robotaxi event in Austin is invite-only with $4.20 rides. Eli Lilly’s anti-obesity pill shows comparable results to GLP drugs. Fair Isaac tests new FICO model with buy now, pay later loan data. Capital One switches to FICO 8 scoring system. FICO is adapting to changing consumer habits and innovating to remain relevant, with the BNPL market expected to reach $100 billion soon. The Federal Housing Finance Agency’s scrutiny may prompt FICO to enhance its scoring system, differentiate its product, and lower fees to stay competitive in the $44 billion industry.
Tesla’s Robotaxi launch in Austin marks a crucial step towards monetizing autonomous transportation as part of its integrated energy and transportation business model. While the launch itself may not be significant in isolation, it underscores Tesla’s future potential and diversification beyond its current car business amidst growing competition and market pressures. In the autonomous driving market, Waymo is the current leader with the most miles driven by dedicated vehicles. Tesla has a long way to go, but their strategy relies on the data from the billions of miles driven by Tesla vehicles. Uber also has the potential to be a major player in autonomous driving.
Tesla’s competitive advantage lies in manufacturing their own cars and the infrastructure they have in place, giving them an edge over competitors like Waymo. The success of their Robotaxis will be a key factor in determining their future success in the market.
Fully autonomous vehicles may not start to outnumber human-driven cars until around 2045, with setbacks and safety concerns potentially delaying the process. Despite the timeline, there is excitement around the future of autonomous driving and the potential for driverless taxis like Waymo to become more common. Experts discuss the potential safety and benefits of autonomous vehicles. Matt Frankel shares his positive experience in a controlled setting. Fiserv, a key financial infrastructure player, launches its own stablecoin. Experts believe stablecoins will revolutionize international transfers and instant transactions. The growing interest in stablecoins signals a shift in the financial industry. Consumers may see stablecoins become more mainstream in the near future. Matt Frankel emphasizes the importance of user-friendly technology for mass adoption of stablecoins. Jason Hall expresses interest in using stablecoins in the right circumstances. PayPal’s stablecoin partnership may influence investment decisions. Summary: Fiserv, a legacy tech company in finance, makes a defensive move, acquiring Bento for Business. Experts feel it’s a necessary but unexciting move. PayPal and Shopify are seen as more competitive in the Fintech space, with Shopify arming merchants with valuable tools ahead of the competition.
Summary: PayPal is viewed as the most promising in the Fintech sector, with Shopify making strategic moves to stay competitive. The acquisition by Fiserv is seen as necessary but not particularly value-driving in the industry.
Summary: The Motley Fool Money team discusses Tesla, stablecoins, and FICO. Feedback and questions can be sent to [email protected]. Disclaimer: Personal finance content follows Motley Fool editorial standards, and advertising content is for informational purposes only. Members of the team may have positions in various stocks mentioned in the discussion.
Read more at Nasdaq: Tesla’s Robotaxi Rollout | Nasdaq