Tesla, Elon Musk
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Tesla CEO Elon Musk announced a $2B investment into xAI and the discontinuation of Model S and Model X in order to support Optimus robot production.
Initially, when electric-car maker Tesla ( TSLA 3.45%) released its fourth-quarter results, the stock popped. But shortly after the market opened on Thursday, the stock's return for the day turned negative. This has added to the stock's weakness in recent weeks. As of this writing, the stock is down more than 11% over the past month.
Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world's richest man. But with SpaceX expected to go public later this year, and Tesla facing a challenging transition from human-driven EVs to robotaxis and robots,
“The vast majority of miles traveled will be autonomous in the future.”
Tesla had a poor 2025 but it's pivoting to two new and potentially massive industries. Is it worth a look for 2026?
Divisive would be the best word to describe the TeslaCybertruck. It's already been a couple of years since it was first shown to the public, but the shock factor is still there. From its polygonal styling and,
Basically, driving a car like the Model S isn’t the future, but a car driving you is. In a first for the company, Tesla revealed it has 1.1 million paying subscribers for its full self-driving (FSD) business.
A Cybertruck owner says his truck is covered in rust spots after he drove on a salted road. He adds that he has already thoroughly cleaned his Cybertruck, but the rust spots don’t appear to be coming off.
On Tesla’s earning call, Elon Musk described how some car models were being discontinued to make way for robot manufacturing, giving investors a new look at Tesla’s future with humanoid robotics. CNN’s Hadas Gold reports.