Elon Musk, Tesla and Model S
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In the final moments of Tesla's earnings call, Elon Musk urged companies to stop ignoring geopolitical risks by relying on foreign battery production.
This merger would bring the Grok chatbot, Starlink satellites, and SpaceX rockets together under one corporation.
In Tesla's annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk's AI startup.
Elon Musk said Tesla Inc. needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business.
Jan 28 (Reuters) - Tesla said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial intelligence company xAI - and that production plans for its Cybercab robotaxi and Semi trucks were on track for this year.
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Tesla profit tanked 46% in 2025
The company's sales fell for a second year in a row despite CEO Elon Musk spending years promising 50% annual growth.
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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.