Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

Musk Says Tesla Needs to Build Its Own Factory to Make Chips

Elon Musk said Tesla Inc. needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive ...

Tesla annual profit plunges to lowest level since pandemic

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

Tesla invests $2 billion in Musk's xAI and reiterates Cybercab production starts this year

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

Tesla Model X, Model S Axed as Musk Swaps Iconic Electric Cars for an Optimus Robot Future

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

Tesla profits slumped 46% last year, as it lost its crown as the top EV seller

The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over ...

Tesla's robotaxi vision is a hot topic right now

Investors are seeking more clarity Wednesday on how the company will meet CEO Elon Musk's ambitious timeline for robotaxi expansion. Tesla is set to be a major player in the U.S. autonomous-vehicle ...