Musk described the planned TeraFab as a massive, multi-billion-dollar plant encompassing logic, memory and packaging production, with operations located in the United States. It would mark a ...

Along with its ambitious spending plans, Tesla also announced the discontinuation of its Model S and X vehicles. The company will now use the capacity of these plants to manufacture Optimus humanoid ...

By Akash Sriram and Abhirup Roy Jan 28 (Reuters) - Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk's ...

Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s ...

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