Elon Musk, CEO of SpaceX and Tesla, said on X that all cars will eventually need Starlink satellite internet to handle the massive bandwidth demand from AI agents, arguing that ground-based networks l…
Tesla shares fell nearly 14% on Thursday after the company reported second-quarter adjusted earnings of $0.33 per share, missing analyst expectations of $0.51 per share, according to LSEG. Revenue bea…
Elon Musk said Tesla should spend on AI 'as fast as we can' even if some money is wasted, as the EV giant's capital expenditure soared 142% year-over-year to $5.8 billion in Q2 2026. Tesla recorded a …
Tesla raised its 2026 capital expenditure guidance to over $25 billion, up from over $20 billion in January, as the EV maker bets heavily on AI, the Cybercab robotaxi program, and the Optimus humanoid…
Tesla's heavy spending on AI, robotics, and self-driving technology drove operating profit down sharply in the second quarter, even as revenue rose 23% to $28 billion. CFO Vaibhav Taneja said the comp…
Tesla delivered a record 480,126 vehicles in Q2 2026, but revenue fell 12% to $22.5 billion and operating income plunged 42% to $0.9 billion, missing earnings per share consensus of $0.42 with $0.40. …
Tesla reported $28.2 billion in Q2 2026 revenue, up 26% year over year, but net income fell 5% to $1.11 billion, missing profit expectations. The company posted negative free cash flow of $1.1 billion…
Tesla is set to report second-quarter earnings after the closing bell on Tuesday, with investors eyeing updates on AI initiatives and a possible SpaceX merger. Shares are down 16% year to date after r…
Tesla's Head of AI, Ashok Elluswamy, confirmed that Starlink V5 terminals integrated into Cybercab vehicles are primarily for fleet management and customer service, not passenger entertainment. The co…
Tesla confirmed its Miami Robotaxi fleet operates without human supervision, relying solely on Full Self-Driving technology. The service launched on June 3 in a 10-14 square mile zone, making Miami th…
Tesla confirmed it is building a feature that lets drivers teach their car where to go using natural language, with the vehicle remembering those instructions for future trips. Tesla VP of AI Software…
Tesla is testing a production Cybercab with no steering wheel or pedals on public roads in Austin and the Bay Area, with a safety monitor in the passenger seat. The vehicle relies solely on cameras an…
Tesla's Q2 delivery consensus of 406,024 units confirms a shift in focus from vehicle deliveries to AI and energy projects, with the Robotaxi initiative taking priority. Analysts surveyed by 22 firms …