Tesla

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Musk says Optimus will be the hardest product Tesla has ever scaled

Elon Musk told investors on Tesla’s second-quarter earnings call that Optimus will be “the hardest product to scale manufacturing that we’ve ever made at Tesla,” warning that the humanoid robot has no existing supply chain and that every component is new. He said he wanted to “calibrate people correctly” on expectations, acknowledging that the initial […]

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Tesla’s robotaxi promises are clashing with reality

In an earnings call yesterday, Tesla CEO Elon Musk did his best to paint a positive portrait of the company’s robotaxi program. New cities are being added, more miles are being driven, and more people are experiencing Tesla’s unsupervised vehicles. But Musk’s typical bullishness seemed to be absent from the call, as the occasional trillionaire […]

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Musk thanks Micron for chips, and builds a $55bn fab to replace it

Memory chips are the oil of the AI boom, and right now they are hard to get. So when Elon Musk used Tesla’s quarterly call to publicly thank Micron, it was worth noticing. Suppliers rarely get shout-outs. Scarce ones do. Micron recently gave Tesla a “significant allocation” of memory on “reasonable terms,” Musk said, according […]

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Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason.

Tesla delivered 480,126 vehicles in the second quarter, its highest-ever quarterly total, and generated record revenue of $28.24 billion, up 26% year-on-year. Operating income fell 57% to $398 million. Adjusted earnings of 33 cents per share missed the 51-cent consensus by a wide margin. Shares fell roughly 4% after hours. The gap between the top […]

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Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason. Read More »

Tesla’s revenues are bouncing back, but profits are still weak

After a dismal two years of weakening demand, falling sales, and damage to its brand by Elon Musk’s political activities, Tesla’s road to recovery continues apace. On the heels of an impressive delivery report, the company released its earnings for the second quarter of 2026 – giving us the latest glimpse at the EV company […]

Tesla’s revenues are bouncing back, but profits are still weak Read More »

Tesla’s revenues are bouncing back after a dismal two years

After a dismal two years of weakening demand, falling sales, and damage to its brand by Elon Musk’s political activities, Tesla’s road to recovery continues apace. On the heels of an impressive delivery report, the company released its earnings for the second quarter of 2026 – giving us the latest glimpse at the EV company […]

Tesla’s revenues are bouncing back after a dismal two years Read More »

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