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 n…
The new rule-making process follows a series of incidents, including fatal ones, in which people have become stuck inside cars.
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 […]
The number of paid robotaxi miles traveled fell 36% in the second quarter, despite expanding to new cities, according to Tesla’s own figures.
Tesla stock is down more than 12% today, wiping out over $140 billion in market value, after the automaker’s Q2 2026 earnings missed on profit and free cash flow turned negative.
The slide got worse during the earnings call, when Elon Musk repeated the…
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 “s…
A Tesla solar customer went to pull up their lease agreement in their Tesla account this month and found something other than a contract waiting for them: the Book of Enoch, an ancient apocalyptic text about fallen angels.
Not a scanned copy of their a…
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…
Elon Musk was asked directly on Tesla’s Q2 2026 earnings call whether the company still plans to upgrade Hardware 3 (HW3) cars so they can run its latest “Full Self-Driving” software. His answer made one thing clear: Tesla still has no concrete plan.
I…
Elon Musk hinted at a merger between Tesla and SpaceX on Tesla’s Q2 2026 earnings call, pointing to “more and more overlap” between the two companies he controls.
He stopped short of confirming anything, deferring to Tesla’s general counsel and “the ap…