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…
Samsung Display and LG Display unveiled OLED panels designed for humanoid robot faces at K-Display 2026 in Seoul on Wednesday, aiming to open a new application for screen technology. Samsung Display s…
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…
Elon Musk said Tesla's new Terafab facility in Austin is 'necessary' to scale production of the Optimus robot by consolidating lithography, logic, memory, packaging, and testing under one roof to acce…
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 reported $1.4 billion in free cash flow for Q1 2026 but warned that a planned $25 billion spending spree on AI and robotics would likely push cash flow negative, putting its 11,509 BTC stash val…
Chinese EV maker Xpeng expects to produce more than 1,000 humanoid robots a month by end of 2026 and plans global commercial deliveries of its Iron humanoid robot in 2027, CEO He Xiaopeng said. The co…
Samsung Electronics is preparing to produce Tesla's next-generation AI chip, AI5, using 2-nanometer technology at its factory in Taylor, Texas. The chip, which has completed tape-out, will power Tesla…
A Swiss robotics firm RB Labs unveiled Robert the Robot, a humanoid with a digital face that can display images of world leaders like Trump, Obama, and Zuckerberg, at the UN's AI for Good Global Summi…
Three humanoid robotics companies moved toward public markets in a single week: Agility Robotics filed to go public via SPAC at $2.5 billion, Unitree cleared its Shanghai IPO, and Tesla began converti…
UMA, a physical AI startup founded by former Tesla scientist Remi Cadène, unveiled the design of its first humanoid robot on Tuesday. The company is developing two systems: a dual-arm mobile industria…
Former Tesla scientist Rémi Cadene launched UMA, a Paris-based startup building a lightweight, AI-powered humanoid robot called Northstar for manufacturing, logistics, and homes. The company has secur…