Elon Musk made big promises for Tesla
Digest more
Tesla boosts spending plan in AI
Digest more
Tesla reported earnings that beat Wall Street's estimates. TSLA stock was up after hours as the earnings call with Elon Musk kicked off.
Tesla typically reports numbers shortly after the close. The stock typically moves on headline results. The stock continues to fluctuate in after-hours trading while investors and analysts pore over the new figures until the earnings conference call,
Tesla CEO Elon Musk confirms Optimus production starts late July at Fremont, converting the Model S/X line in four months — but warns output will be 'quite slow.'
Tesla posted earnings that topped analysts' estimates, and said it plans to significantly raise spending on AI.
Tesla is planning to expanding its Robotaxi service to "dozen or so states" by the end of the year, its CEO Elon Musk told investors.
Tesla reported higher first-quarter profits and outlined plans for robotaxis, AI and manufacturing expansion in Texas.
Many Tesla owners are suing over being excluded from new Full Self-Driving (FSD) upgrades. Plaintiffs allege Musk made false promises about older Teslas’ self-driving capabilities. Lawsuits and investor doubt grow as Musk’s FSD,