Tesla

Tesla cut its annual capital expenditure plan to around $20 billion from over $25 billion, raising concerns about delays in Elon Musk's AI, robotaxi and humanoid robotics ambitions.

Tesla reported a decline in profit for the latest quarter but a measure of cash its business generated surged, leaving investors with a mixed picture as it prepares for a possible merger with Elon Musk's other big company, SpaceX. The electric vehicle maker reported third-quarter net income of USD 787 million, or 22 cents per share, down 44 per cent from the year-earlier period. Excluding certain items, though, earnings per share of 48 cents beat Wall Street analyst expectations by 3 cents. One standout for the quarter was Tesla's USD 1.5 billion in free cash flow, a measure of cash generated after subtracting investments needed to keep the business running. Given big artificial intelligence spending, analysts had expected Tesla would report it had burned through cash, not generated it. "It seems Tesla is taking a more capital-efficient approach, delaying longer-term projects to be able to self-fund their AI growth," said Morningtar analyst Seth Goldstein, calling the cash jump the

Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.

Tesla will hold its annual shareholder meeting on December 3, with votes on Elon Musk's re-election to the board, his reported 2025 compensation and the company's auditor

Tesla has unveiled its redesigned Roadster with rocket thrusters, mid-air stunts and claimed 0-100 kmph acceleration in 0.81 seconds; the electric sports car is expected to launch in 2028

Lawyers for Tesla and the California Civil Rights Department will square off in Oakland before state Superior Court ‌Judge Peter Borkon, who has scheduled the trial to run ​until October 30

The unveiling event ‌could include a demonstration of a limited-edition version equipped with ​cold-gas thrusters developed in collaboration with SpaceX

Zoox and Tesla are taking different routes to driverless taxis. Here's how their robotaxis differ in design, regulation, manufacturing and deployment

Tesla and other Chinese carmakers are making a major recall of more than 4 million vehicles over safety concerns mostly related to their door handles, according to Chinese authorities on Friday. The US carmaker is recalling about 2.98 million China-made and imported EVs including Model 3, Model Y, Model X and Model S over door handle safety risks, according to China's State Administration for Market Regulation. The recall, the largest this year according to Chinese media, comes a few months after Chinese authorities said in February that starting next year, it would be banning hidden car door handles that are commonly seen on Tesla electric vehicles and many Chinese EV models. China has stepped up scrutiny recently on hidden, or flush, car door handles following EV accidents in the country and elsewhere, in which cars' hidden electronic doors failed and trapped people inside. In a notice on the Chinese regulator's website, it cited safety risk. In extreme situations, such as a seve

Aerospace major SpaceX and electric vehicle maker Tesla are investing USD 16.8 billion to build 'Terafab', an advanced AI semiconductor complex in Texas, designed to narrow a looming gap in global chip supply, according to official statements. The first phase of the vertically integrated, 100-million-square-foot facility in Grimes County, Texas, will create at least 3,000 high-paying jobs for engineers, technicians, and plant operators, with future expansion phases expected to push total investment significantly higher, SpaceX said in a statement on its website on Thursday. "The Terafab is bringing cutting-edge manufacturing to America, creating thousands of high-paying jobs in the Lone Star State, and enabling us to produce AI chips at scale for use on Earth and in space," SpaceX Founder and CEO Elon Musk said in the statement. The mega facility aims to meet an anticipated requirement of over one terawatt of computing power for Musk's ventures. The plant will make, package, and tes

Tesla and SpaceX merger can raise geopolitical hurdles, particularly in ​China, because SpaceX is a major US defence contractor while Tesla operates wholly owned manufacturing facilities in China

Tesla's profit falls even after record sales: Is Elon Musk's empire cracking?

Tesla's profit fell as AI spending surged to $5.8 billion, leading to its first cash burn in two years despite stronger-than-expected revenue and EV sales

The top US auto regulator opened an investigation Monday after a Tesla using an automated driving feature slammed into a Texas home at high speed and killed a 76-year-old woman standing inside. The National Highway Traffic Safety Administration said it's opening a special investigation into the Tesla Model 3 crash on Friday near Houston, a significant probe because the car was using technology that Elon Musk considers key to the company's future. The Tesla CEO is rolling out robotaxis using automated software in several US cities this year and plans to invite Tesla owners to put their cars into the fleet using the same system across the country. The driver told the Harris County Sheriff's Office that he was using the technology, according to a police report on the crash, but it's not clear what role, if any, it played in the incident. The police report also noted that the driver was not drunk and is cooperating. It identified the woman killed as Martha Avila. Video obtained by KHO

The Hyderabad centre will display the 2026 Model Y and Model Y L, while Tesla has also started delivery and after-sales operations from Bollaram

Continuing its product portfolio expansion drive in India, American electric carmaker Tesla on Friday introduced the 2026 Model Y Premium rear-wheel drive in India, priced at Rs 50.89 lakh, its most affordable offering so far. The introduction of Model Y Premium rear-wheel drive in India follows the launch of the company's second model, a three-row six-seater SUV Model YL priced at Rs 61.99 lakh last month. Tesla made its much-awaited entry into India last year, launching its Model Y priced at Rs 59.89 lakh. "Tesla will keep investing in the country to create a seamless EV experience in India, with more retail coverage, after-sales services and charging locations coming soon," Tesla Senior Director Isabel Fan said in a statement. The Model Y Premium rear-wheel drive, a new variant of Model Y -- the world's best-selling EV as of March 2026, introduces a suite of hardware and design enhancements, elevating both performance and interior sophistication, the company said. Delivery of t

Tesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury. The recall includes model year 2024-2026 Cybertrucks with 18-inch steel wheels. In its report, the National Highway Traffic Safety Administration said that rough roads and cornering may strain the stud hole in the wheel rotor causing cracks to form and with continued driving the wheel stud could eventually separate from the wheel hub. Wheel stud separation may affect vehicle controllability, increasing the risk of a collision. On affected vehicles, Tesla will replace the front and rear brake rotors, hubs, and lug nuts with more durable ones at no cost to vehicle owners. The manufacturer's recall number is SB-26-33-003. Owners may contact Tesla customer service at 1-877-798-3752. Tesla is also recalling more than 200,000 Model Y, Model S Model X and Model 3 electric vehicles because of a software issue that renders t

Musk and his fellow OpenAI co-founders were then in the midst of negotiations about the future of the AI nonprofit and how they could secure enough funds to meet their computing needs

Elon Musk and Sam Altman once co-founded OpenAI. Now, they are fighting in court over what the company was supposed to become. With $134 billion in damages, OpenAI’s future structure under scrutiny

Tesla reported the 2025 total in a regulatory filing Thursday, almost six months after more than 75% of voting shares supported the chief executive officer's massive stock award