Tesla's Model Y Completes First Human-Free Car Delivery

Tesla, Inc. TSLA has achieved a breakthrough in autonomous vehicle technology by completing the world’s first driverless car delivery. A Model Y drove itself from Tesla’s Gigafactory in Austin, TX, to a customer's home about 30 minutes away, without anyone inside or remotely controlling the vehicle.Tesla shared a video of the journey, filmed from the back seat, showing the car skillfully navigating highways, intersections, traffic lights and urban streets entirely on its own. It strictly followed traffic rules, made smooth turns and stopped appropriately at signals and stop signs. The drive ended with the vehicle parking itself beneath the owner's building.The event drew widespread attention online. Tesla first released a three-minute teaser before sharing the full 30-minute footage. Per CEO Elon Musk, no one was inside or guiding the car remotely during the trip. This is the first time a fully autonomous vehicle has completed such a journey on public roads without any human involvement.This milestone follows a rocky start to Tesla’s robotaxi testing in Austin on June 22. In a video taken by a passenger, Tesla Model Y vehicles were seen making erratic maneuvers, such as abrupt braking, improper drop-offs, lane violations and even hitting a curb.Earlier this month, Musk hinted on X about the upcoming robotaxi and self-driving delivery features. He envisions millions of robotaxis in the future and plans to scale up production of Tesla's Optimus humanoid robots, especially as EV sales soften in key markets like North America and Europe.TSLA’s Zacks Rank & Key PicksTesla has a Zacks Rank #5 (Strong Sell) at present.Some better-ranked stocks in the auto space are Strattec Security Corporation STRT, Allison Transmission Holdings, Inc. ALSN and Ferrari N.V. RACE, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for STRT’s fiscal 2025 sales and earnings implies year-over-year growth of 3.49% and 8.11%, respectively. EPS estimates for fiscal 2025 and 2026 have improved 73 cents and 91 cents, respectively, in the past 60 days.The Zacks Consensus Estimate for ALSN’s 2025 earnings implies year-over-year growth of 6.26%. EPS estimates for 2025 and 2026 have improved 54 cents and 53 cents, respectively, in the past 60 days.The Zacks Consensus Estimate for RACE’s 2025 sales and earnings implies year-over-year growth of 13.56% and 7.97%, respectively. EPS estimates for 2025 and 2026 have improved 29 cents and 33 cents, respectively, in the past seven days. Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA): Free Stock Analysis Report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Strattec Security Corporation (STRT): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks