Tesla aims to roll out its unsupervised FSD robotaxi software in most global markets this year, helping justify the $1.3 trillion market cap. Yet Musk revealed his team is still getting tripped up in China.
Even though CEO Elon Musk is in Trump’s inner circle, Tesla CFO Vaibhav Taneja said Wednesday that the EV maker could be affected by tariffs imposed by Trump. Just because Elon Musk is Donald Trump’s self-designated “first buddy” doesn’t mean his EV company won’t be hurt by the President's policies,
With $97.7 billion in revenue, Tesla recorded a $7.1 billion net income for 2024. In comparison to full-year 2023 figures, net income fell 53% despite sales that rose by a meager 1%. The company's car sales dropped 6% to $77.1 billion.
Elon Musk said Austin residents will be able to pay for a fully autonomous Tesla robotaxi ride in June, with an expansion to more US cities planned.
The news comes from CEO Elon Musk, who finally admitted it during Wednesday's Tesla earnings call (via Electrek ). "The truth is that we will need to replace all HW3 computers in vehicles where FSD was purchased," said Musk after Tesla's head of FSD, Ashok Elluswamy, said the company is "not giving up on it."
Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest
During Tesla's earnings call, Elon Musk mentioned Superman, telescopes, Hollywood, and inventors shouting "Eureka!"
While Tesla and SpaceX CEO Elon Musk has embraced Dogecoin (DOGE), his father is pushing a meme coin that trades on the family name—whether his son likes it or not.
Tesla CEO Elon Musk said Wednesday his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles this coming
Elon Musk has been nominated for the Nobel Peace Prize. Norwegian libertarian MP Marius Nilsen, who tossed the Tesla founder’s name into the mix for consideration, cited Musk’s “adamant defense of dialogue, free speech and [enabling] the possibility to express one’s views’ in a continuously more polarized world.”
CEO Elon Musk on Wednesday said that the company intends to make several thousand units of its Optimus humanoid robot this year for deployment in its own factory which will inform the next version of the robot slated for launch next year and likely to be sold to rival companies.