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Tesla Starts Optimus Robot Production as Q3 Profits Drop 43%
Tesla has moved its Optimus humanoid robot into early production at the Fremont plant, but the milestone coincides with a sharp 43% decline in third‑quarter earnings. The company hopes the robot and its AI bets will eventually offset the profit hit.
Tesla and SpaceX to Invest $16.8B in 'Terafab' Chip Factory in Texas
The companies will build a massive chip factory in Texas, employing thousands and bridging the global chip supply gap.
Tesla and SpaceX to Invest $16.8 Billion in Massive Chip Factory
Tesla and SpaceX are teaming up to build a massive chip factory in Texas, dubbed Terafab, with an initial investment of $16.8 billion. The facility will be a game-changer in the world of computing, producing chips optimized for edge computing and inference.
Amazon's Zoox Prepares for Commercial Robotaxi Launch and Uber's AV Empire Expands
Zoox, an Amazon-owned autonomous vehicle developer, is set to launch commercial robotaxi rides, while Uber's autonomous vehicle empire continues to grow with new partnerships and investments.
Elon Musk's Visionary Chip Factory Set to Revolutionize Computing Power
Tesla and SpaceX's joint $16.8B investment will bring the largest and most valuable building on Earth to Grimes County, Texas, outside Houston, with plans to employ at least 3,000 people and produce chips optimized for edge computing and inference.
Countervailing Forces: Robotaxis Gain Momentum Amid Regulatory Pushback
The autonomous vehicle industry is navigating a complex landscape of federal and local regulations, with some companies gaining traction while others face increased scrutiny.
Tesla Considers Separating China Business to Merge with SpaceX
Tesla may spin off its China operations to facilitate a merger with SpaceX, citing national security concerns. This move could have significant implications for the electric vehicle maker's global strategy.
Tesla Hits 10 Millionth Electric Vehicle Milestone, Progress Toward $1 Trillion Pay Package
Tesla has reached its 10 millionth electric vehicle milestone, a significant step toward CEO Elon Musk's $1 trillion pay package, but the company still has a long way to go to meet its ambitious goals.
Tesla's Robotaxi Network Contracts Amid Safety Worries
Tesla's Robotaxi network has seen a decline in paid miles driven, sparking concerns about the company's safety protocols and regulatory hurdles.
Tesla's Robotaxi Network Sees Decline in Paid Miles
Tesla's robotaxi network has seen a decline in paid miles driven in the second quarter, sparking concerns about the company's autonomous driving ambitions.
Tesla's Door Handles May Spur New US Safety Rules
U.S. regulators will begin developing new requirements for automakers to ensure drivers and passengers can safely exit their vehicles, following a series of incidents involving Tesla's flush, electronically operated door handles.
Tesla's Robotaxi Miles Fall Despite Expanding Fleet
Tesla's Robotaxi network saw a decline in miles driven for paying customers in the second quarter, despite expanding to six cities. The company's rhetoric on autonomy has shifted from regulatory hurdles to proving safety.
Tesla's Production Timeline Slips for Cybercab, Semi, and Megapack
Tesla delays volume production of Cybercab, Semi, and Megapack 3 as it pours resources into new products and AI development.
Tesla Expands Robotaxi Trial to Orlando and Tampa
Tesla has quietly brought its unsupervised Model Y SUVs to Orlando and Tampa, marking the third city in Florida where the company is trialing its nascent robotaxi service. This move comes ahead of Tesla's scheduled second-quarter earnings call.
Tesla Driver in Fatal Texas Crash Pressed Accelerator to 100%, NTSB Confirms
The National Transportation Safety Board (NTSB) has confirmed that the driver of a Tesla involved in a fatal crash in Texas pressed the accelerator pedal to 100%, overriding the company's Full Self-Driving (Supervised) software. The crash resulted in the death of a 76-year-old resident, Martha Avila.
Honda Prologue and 9 Other Electric Cars Discontinued in the US
As the US EV market shrinks, major automakers are pulling the plug on several popular electric vehicles, leaving consumers with limited options.