Elon Musk says Tesla ending Models S and X production
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Jan 26 (Reuters) - Tesla investors head into earnings on Wednesday looking for evidence that Elon Musk's long-promised self-driving bet is beginning to materialize even as results show growing strain on the company's electric-vehicle business.
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Tesla made smallest annual profit since the pandemic, plans to spend big on robotaxis and robots
Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales. The EV company run by Elon Musk reported Wednesday that net income last year dropped 46% to $3.