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

Tesla swapped a solar owner’s lease contract for the Book of Enoch
Tesla swapped a solar owner’s lease contract for the Book of Enoch

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

Tesla still has no real plan for Hardware 3 owners promised FSD
Tesla still has no real plan for Hardware 3 owners promised FSD

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 hints at Tesla (TSLA)-SpaceX merger on earnings call
Elon Musk hints at Tesla (TSLA)-SpaceX merger on earnings call

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…

Tesla says ‘Robotaxi’ is expanding — its own chart shows it’s not
Tesla says ‘Robotaxi’ is expanding — its own chart shows it’s not

Tesla told shareholders this week that its Robotaxi service is expanding. The company’s own chart proves it isn’t.
In its Q2 2026 update, Tesla leaned on a cumulative “paid Robotaxi miles” chart climbing past 2.4 million miles as its headline proof of …

Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips

Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.

Tesla’s revenues are bouncing back, but profits are still weak
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 (TSLA) releases Q2 2026 financial results: record revenue, big profit miss
Tesla (TSLA) releases Q2 2026 financial results: record revenue, big profit miss

Tesla (TSLA) released its financial results and shareholders’ letter for the second quarter (Q2) 2026 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call lat…

France won’t approve Tesla ‘FSD’ yet, wants EU-wide sign-off first
France won’t approve Tesla ‘FSD’ yet, wants EU-wide sign-off first

France’s Transport Minister, Philippe Tabarot, says the country won’t authorize Tesla’s “Full Self-Driving” (Supervised) “as it currently stands,” pointing to two safety problems: the system lets drivers speed, and it doesn’t keep them attentive enough…