Space in the EV-maker’s Fremont factory will be used to produce 1 million Optimus 3 robots annually, Musk says. He also revealed the timeline for their release.

Instead, the company focused on its best-selling SUV and sedan, the Model Y, and Model 3, while sales of the Model S and X ...

Tesla also scrapped its mission to 'accelerate the transition to sustainable energy' with a new goal of building 'a world of amazing abundance' ...

Tesla doubles capital spending to $20 billion, focusing on autonomous vehicles, humanoid robots, and AI-driven technologies.

Tesla's decision to kill the Model S and X signals the end of an era, and a clear pivot toward robotics, autonomy, and higher ...

For the fourth quarter of last year, Tesla’s net income also plunged, down 61% to $840 million, or 24 cents. Excluding ...

Gold and silver hit fresh record highs in Asia. Geopolitical uncertainty remains elevated, Saxo Bank's Ole Hansen said. This is "amplified by an increasingly unpredictable U.S. political backdrop, he ...

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human ...

Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. No advance word was given about the cancellations, making it an ...

In its earnings report, Tesla says that the third-generation version of its Optimus humanoid robot “meant for mass production ...

Tesla pivots from electric vehicles to autonomous technology as Elon Musk announces the discontinuation of Model S and Model ...