Tesla, Alphabet lose hundreds of billions in value
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Tesla, AI and Elon Musk
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Nothing captures the decline of Tesla better than the Cybertruck. When the stainless-steel pickup hit the road in 2023, Tesla was the world’s biggest electric-car company. At the time, Elon Musk predicted that he’d eventually sell 250,000 Cybertrucks a year. In the first half of 2026, according to one estimate, Tesla sold roughly 7,000.
Tesla's earnings report lands in the midst of a slide in the company's stock price even as its core auto business is rebounding.
Tesla's second-quarter profitability was the headline from its recent earnings release.
The Optimus robot weighs 154 pounds and is going to be produced where the Model S and X vehicles were made.
The bearish Tesla set-up we flagged ahead of Wednesday's report has delivered most of what it can.
Tesla's latest figures on Robotaxi's expansion include seven operating US markets and 380,000 unsupervised miles driven.
The company is selling more cars, but the company’s profit was down because of price cuts and higher expenses.
Tesla Inc.’s profit tumbled despite strong electric vehicle deliveries in the most recent quarter, pressuring Elon Musk’s plan to refocus the company on artificial intelligence and robots. Spending on the ambitious initiatives surged to $5.
Tesla's stock price failed to rally Thursday after reporting weaker-than-expected second-quarter earnings, leading to the largest one-day market cap loss for the company on record. Tesla closed at $319.
Tesla is in negative free cash flow territory, as it increases its expenditures on major projects like AI infrastructure and robotics.
Tesla is bleeding market share in investor portfolios to Lucid and Rivian even as it posts record deliveries, and the reason points to a CEO distraction that could get louder before it fades.