Tesla

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Tesla discontinuing Model S and Model X to make room for robots

Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. Musk said the reasons for cancelling the vehicle programs was to make room at Tesla’s Fremont factory for production of its Optimus humanoid robot. “It’s time to basically bring the […]

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Tesla says production-ready Optimus robot is coming soon

In its earnings report, Tesla says that the third-generation version of its Optimus humanoid robot “meant for mass production” will be unveiled in the first quarter of 2026. This new version of Optimus will include “major upgrades from version 2.5, including our latest hand design.” And the company is making preparations for the first production

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Tesla hits a grim milestone: its second straight year of decline

Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks. Tesla said it earned $840 million in net income

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Tesla’s robotaxis are cheaper than Waymo, but the wait times are longer

Tesla’s robotaxis are not robotaxis in the sense that they’re not fully driverless and still feature safety monitors with access to a kill switch in case anything goes wrong. But the automaker is shaking things up with its approach to pricing, according to a new analysis of the nascent market. Obi, an app that aggregates

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