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Tesla sales slump deepens as Musk bets big on robotaxis and AI
Tesla’s core auto business—responsible for three-quarters of its $100 billion in revenue—has been sputtering in 2025. First-quarter profits plunged 71%, kept afloat only by $595 million in regulatory credit sales. Analysts expect another tough earnings report on July 23, forecasting a nearly 10% revenue dip and a 20% drop in profit.
Tesla halts production of Optimus humanoid robots temporarily due to redesign, causing delays in its robotics plans.
It is notable that Elon Musk thinks Optimus could be the biggest product of all time. The primary purpose of Optimus will be ...
Billionaire investor Peter Thiel says Elon Musk's plan for "a billion humanoid robots in the U.S. in 10 years" collides with ...
After a political detour that angered customers and tanked profits, the billionaire CEO returns to a Tesla in crisis.
Thiel criticizes Musk's plan for 1B humanoid robots in 10 years, says it contradicts his concern over budget deficits. Thiel ...
The electric-vehicle maker has an aging lineup and slumping sales, but its CEO has shifted his focus to robotaxis and robots.
But it was Thiel’s thoughts on his friend Elon Musk that were arguably the most illuminating for those of us interested in ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Elon Musk said a Tesla Model Y SUV drove itself from the company's factory near Austin to a customer's home in the company's ...
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