How to Hack a $1.3 Trillion Industry

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Led by former Zillow execs, their tech hacks a $1.3T market by letting buyers co-own homes worldwide. They've already earned $110M in gross profits and reserved the Nasdaq ticker PCSO.

Tesla Robotaxi Doubts Mount, Waymo Progresses, Uber Concedes Tech Hurdle, Li Auto Targets AI — This Week in Mobility

Ananya Gairola
August 31, 2025

The past week has been a rollercoaster ride in the tech and auto industry, with major players making headlines. From Tesla Inc.’s (NASDAQ:TSLA) struggle in China to Uber CEO’s take on self-driving technology, Elon Musk’s critique of LiDAR, public distrust in Tesla’s Robotaxi and Li Auto’s global expansion plans, there’s a lot to unpack. Let’s dive in.

Tesla’s China Struggles

Sales data from China indicates that Tesla Inc. is facing stiff competition from local rivals. Smartphone company Xiaomi is making significant strides in the electric vehicle market, with its new SU7 and YU7 models posing a threat to Tesla’s Model 3 and Model Y.

Read the full article here.

Uber CEO’s AV Insight

Uber Technologies Inc. CEO Dara Khosrowshahi shared his thoughts on the camera vs LiDAR system debate in the self-driving technology sector. He emphasized the need for “superhuman levels of safety” in Autonomous Vehicles (AVs), citing Alphabet Inc.’s Waymo as a successful example.

Read the full article here.

See Also: What’s Going On With Nio Stock Friday?

Musk’s LiDAR Critique

Tesla CEO Elon Musk defended the company’s decision to rely on a camera-only approach for self-driving cars. He argued that LiDAR technology struggles in extreme weather conditions due to “reflection scatter.”

Read the full article here.

Public Distrust In Tesla’s Robotaxi

Tesla’s Full Self-Driving (FSD) technology, intended to make robotaxis a reality, has been met with skepticism by the American public. A recent survey revealed that nearly half of the respondents believe FSD should be illegal. Meanwhile, Alphabet Inc.’s Waymo, which uses both LiDAR and cameras, continues to gain public trust.

Read the full article here.

Li Auto’s Global Ambitions

Li Auto Inc. announced its plans for global expansion, with a focus on artificial intelligence and autonomous driving. The company aims to target the Middle East, Central Asia, and Europe in 2025, and has already established development centers in Germany and the U.S.

Read the full article here.

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Image via Shutterstock

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

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