Tesla’s shares remain firm even after the company admitted its full‑self driving system is not ready. A critic on X accused Tesla’s leadership of revealing the truth about the technology in a public forum, suggesting that this could wipe out most of the company’s market value. The commentator claime
Tesla just announced plans to spend over $25 billion this year—more than three times what it spent in 2025 and higher than its previous estimate of $20 billion. The market didn’t like the news. Shares dropped over 3% after the announcement, even though Tesla posted a strong $1. 44 billion profit in
Tesla’s plan to launch a robotaxi service isn’t moving as fast as once promised. Back in 2023, the company’s CEO talked about putting self-driving cars in "half the U. S. population" by the end of 2024. But during the latest earnings call, the tone shifted. Instead of bold predictions, the focus was
Tesla isn’t just about electric cars anymore. The company is betting big on its humanoid robot, Optimus, which could soon roll out of factories in California and Texas. But why the secrecy? Tesla’s CEO has hinted that the robot’s most advanced features are being kept under wraps to prevent rivals fr
Tesla is moving its factories from luxury cars to robots, starting with a new Optimus plant in Fremont that will replace the Model S and X lines. The Texas Gigafactory is also being readied for a second‑generation Optimus that could make 10 million robots each year. The company says it is ready to b
Tesla posted a rise in revenue and profit for the first quarter, thanks mainly to more car sales and a jump in its Full Self‑Driving subscriptions. The company earned $22. 38 billion, a 16% increase from the same period last year, and its automotive income climbed to $16. 2 billion. A surprising hig
Back in 2017, Tom LoSavio dropped over $100, 000 on a Tesla Model S, convinced by promises that his car would one day drive itself. He paid an extra $8, 000 for “lifetime” access to what Tesla called its most advanced autonomous features. Nine years later, LoSavio feels cheated. He’s now leading a l
A recent court case in Florida has reached a quiet conclusion. The parents of a driver involved in a 2018 crash have settled a lawsuit tied to their son's death. The accident happened when their 18-year-old son was driving a Tesla Model S at high speed, losing control and crashing into barriers. His
Tesla has recently made some big moves in energy and robotics. They got a license to supply electricity in the UK. This is a big deal because it opens up new opportunities for them in Europe. They can now sell more of their energy storage and generation systems there. Tesla is also working on a hum
Tesla is making a big change. They are stopping production of their Model S and X cars. These cars have been around for a while. The Model S came out in 2012, and the Model X followed in 2015. Now, Tesla wants to use the space where these cars are made to build something new: robots. Elon Musk, the
