Topic: tesla earnings
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Tesla Revenue Rebounds But Profits Remain Weak
Tesla's Q2 2026 earnings show a 26% revenue jump to $28.2 billion and a 25% increase in deliveries to 480,126 vehicles, signaling a recovery from recent declines, but net income only rose 5% to $1.11 billion. The company faces financial strain with negative free cash flow of $1.1 billion due to s...
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Tesla Sales Surge as Tax Credit Deadline Nears
Tesla's third-quarter vehicle sales surged due to the expiring federal EV tax credit, leading to record deliveries and a profitable quarter with $1.4 billion net income, despite a 37% profit decline from the previous year. The company's revenue exceeded Wall Street expectations, supported by regu...
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Uber Puts Its Bet on Former CEO Dara Khosrowshahi
Tesla has abandoned its 2026 volume production commitments for Cybercab, Tesla Semi, and Megapack 3, and robotaxi ride data shows a 36% decline in miles covered from Q1 to Q2. Elon Musk revealed that Tesla must retrofit Cybercabs with steering wheels and pedals to calibrate the system, contradict...
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Tesla robotaxis crash 4x more than humans, Musk sets 'sleep through commute' test
Elon Musk has long promoted falling asleep in a self-driving car as the ultimate test of full autonomy, and he recently expressed confidence it would be operational in many U.S. cities by the end of 2025. Despite Musk's optimism, Tesla robotaxis are reportedly involved in four times more crashes ...
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Tesla's Optimus Robot Nears Production
Tesla plans to unveil a production-ready Optimus humanoid robot in early 2026, featuring a redesigned, more dexterous hand for mass manufacturing. The company is establishing a dedicated production line for 2026, with a long-term goal of producing one million units annually, though initial 2025 t...
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Tesla Ditches FSD One-Time Purchase, Goes Subscription-Only
Tesla is discontinuing the one-time purchase option for its Full Self-Driving (FSD) software, shifting entirely to a subscription-only model priced at $99 per month. The strategic change is linked to CEO Elon Musk's compensation package, which requires expanding the FSD user base to 10 million ac...
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