The electric car brand’s premium models are set to be retired to make way for the production of its humanoid robots.

Tesla just wrapped up its earnings call for the 2025 fiscal year, in which it recorded that its year-on-year profits dropped by nearly half. Its GAAP net income came to US$3.8 billion, down from $7.1 ...

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.

Musk highlighted Tesla’s shift towards AI and robotics, as the company’s electric vehicles continue to see a decline in sales.

But few have been as blunt about it as Giancarlo Esposito was this week, stepping up on his soapbox at the Sundance Film Festival and declaring, “This is time for a revolution—and they don’t even know ...

Companies would have to pay a $1 million application fee, demonstrate their vehicles can operate safely and show support from "local stakeholders." ...

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 ...

Tesla is officially retiring its flagship Model S and Model X as Elon Musk pivots the firm toward a future of robotics.

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 will “basically stop the production” of its Model S and X electric vehicles next quarter, CEO Elon Musk has announced at the automaker’s earnings call for the 2025 fiscal year.