Tesla announced that its robotaxi fleet has driven over 380,000 miles without any notable safety incidents across six cities in two states. The company emphasized the safety of its camera-based autonomous driving system, rejecting the need for lidar or radar sensors. Tesla's unsupervised robotaxi mileage has been growing at a double-digit weekly rate, with plans to expand service across entire states rather than city by city. This marks a significant step in Tesla's shift toward full self-driving and robotaxi services beyond traditional car manufacturing.
During Tesla's earnings call, Elon Musk declined to discuss a potential merger between Tesla and SpaceX, citing the need for proper procedures. He acknowledged increasing overlap between the companies, highlighting Starlink's integration into Tesla v...
Tesla reported second-quarter revenue that exceeded analyst expectations, highlighting strong underlying business performance. Despite criticism over its AI capital expenditures, these investments are seen as a strength supporting Tesla's ambitious r...
Tesla reported solid revenue in Q2 driven by strong auto sales amid rising gas prices in the U.S. However, its earnings missed analyst estimates by a wide margin. The company's short-term gains contrast with its long-term focus on autonomous driving ...
Tesla announced it will no longer reach volume production for its Cybercab, Tesla Semi, and Megapack 3 in 2026, shifting focus to increasing battery production, especially the 4680 cell. The company is still building manufacturing lines for these pro...
Tesla reported Q2 revenue of $28.24 billion, beating estimates by 7%, driven by a 23% rise in automotive sales and record services gross profit. However, adjusted earnings per share fell 18% to $0.33, missing forecasts due to shrinking gross and oper...
