Shenzhen-based humanoid robot maker ENGINEAI has pushed the unit cost of a general-purpose humanoid robot below RMB100,000 (about $14,000), a tenfold drop from over RMB1 million three years ago, accor…
Citizens Bank estimates that Tesla's Optimus humanoid robot could eventually target roughly $1.7 trillion of U.S. wages, with about $300 billion of work already serviceable in factories, warehouses, a…
Global Unichip Corp (GUC), the TSMC-affiliated ASIC design house, posted July 2026 net sales of NT$5.769 billion, a 158.4% year-over-year increase and a new monthly record, driving shares up 9% to NT$…
Elon Musk reposted an AI-generated parody video on X depicting him as Austin Powers, with on-screen text declaring him 'the man who bought the UK' and 'It's mine now.' The clip, which runs just over a…
Morgan Stanley analyst Andrew Percoco said Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus, with concerns about wea…
Elon Musk now spends nearly 50% of his speaking time on Tesla Inc. earnings calls discussing artificial intelligence, robotaxis, and Full Self-Driving software, up from 15%-20% in 2022, according to a…
Tesla's Optimus chief Ashok Elluswamy corrected his previous statement on X, confirming a long-term annual production target of 10 million humanoid robots for the planned second Optimus production lin…
The Federal Communications Commission announced a ban on imports of advanced robotic devices and power inverters from foreign countries, citing national security risks, in a move that will primarily i…
Tesla completed a $1.95 billion acquisition of an unnamed AI hardware company on July 24, disclosing the deal only in a footnote in its Q2 2026 financial filing. The bulk of the payment, $1.73 billion…
Elon Musk predicted that artificial intelligence will exceed the sum of human intelligence within five years, leading to an "age of amazing abundance" where cash becomes meaningless and up to one bill…
ARK Invest CEO Cathie Wood named Tesla and SpaceX as her top AI stock picks on Fox Business on July 22, 2026, citing robotaxis, Optimus robots, and orbital data centers as key drivers. ARK Invest depl…
Tesla's stock is dipping as investors react to a profit drop, but the company is in a capital-intensive build phase for AI infrastructure needed for Full Self-Driving and Optimus, according to the ana…
Elon Musk told investors on Tesla's Q2 earnings call that the Optimus humanoid robot will be the hardest product Tesla has ever scaled, warning that it has no existing supply chain and every component…
Tesla shares plunged over 13% Thursday morning after the company reported dismal second-quarter results, with gross profits dropping as AI-related capital expenses and R&D costs climbed faster than re…
Tesla shares fell 11% after the company reported Q2 revenue of $28.24 billion, beating estimates of $26.3 billion, but adjusted EPS of $0.33 missed the $0.50 consensus. CEO Elon Musk tempered expectat…
Tesla delivered a record 480,126 vehicles and generated $28.24 billion in revenue in Q2, up 26% year-on-year, but operating income plunged 57% to $398 million as R&D spending on AI jumped 49% to $2.37…
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 reported record revenue of $28.24B in Q2 2026 but missed profit forecasts with adjusted EPS of $0.33 versus Wall Street expectations of $0.50-$0.53, and free cash flow swung to negative $1.1B, t…
Shares of Alphabet and Tesla fell in premarket trading on July 23 after both companies signaled larger-than-expected AI infrastructure spending, with Alphabet dropping more than 4% and Tesla sliding n…