Tesla's recent earnings call focused heavily on future technologies like robotaxis, AI, and humanoid robots, while its core car business showed modest performance. In the world's largest EV market, China, Tesla lags behind local competitors in sales and technology. The company's revenue remained flat at $28 billion, with net income dropping from $1.4 billion to $800 million. Musk's optimistic outlook on robotaxis and robots faces regulatory and technical hurdles, making their widespread adoption uncertain. A potential merger with SpaceX could improve Tesla's valuation and prospects for shareholders.
Tesla shares trade at USD 382.44 on Pluang as of Oct 22, 2026 23:01 WIB, down 1.04% for the day, reflecting cautious investor sentiment despite CEO Musk's focus on future tech like robotaxis and AI. The stock's market cap stands at $1.53 trillion, while SpaceX, a potential merger partner, trades lower at USD 150.54, down 5.49%, with a market cap of $2.16 trillion. Pluang order activity shows a majority selling Tesla (76%) and a more balanced split for SpaceX (52% sell, 48% buy).
Tesla announced plans to expand its Cybercab robotaxi service beyond Austin, Texas, beginning in Dallas next month and reaching other cities by year-end. The company aims to dominate terrestrial transportation and will start selling Cybercabs to flee...
Tesla has begun high-volume production of its humanoid Optimus robots in Fremont, aiming for up to a million units per line eventually. Texas Instruments (TI) revealed its chips, costing $500 to $1,000 per robot, are integral to these robots, potenti...
Tesla's shares fell following a flat Q3 revenue report and a year-over-year decline in electric vehicle deliveries, despite slightly better-than-expected earnings per share. CEO Elon Musk highlighted efforts to expand full self-driving approvals and ...
Elon Musk claimed Tesla will eventually handle the majority of all passenger miles on Earth where it can operate freely, highlighting the company's ambition in autonomous ride services. Despite this bold vision, Tesla's current robotaxi fleet has dri...
Tesla reported Q3 2026 earnings that surpassed EPS expectations despite a decline in revenue and year-over-year earnings and free cash flow. The company's gross margin improved to 19.6%, supported by growth in non-electric vehicle segments like Full ...
