Tesla, AI hardware
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Tesla said on Wednesday it would hike capex spending this year to over $25 billion as it doubles down on Musk's aggressive pivot to AI and robotics.
Tesla Inc. anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric vehicle pioneer into an artificial intelligence and robotics company.
Tesla on Wednesday said it’s ramping spending on AI, in a possible sign of what’s to come when a slew of Big Tech companies report results next week.
Tesla reported Q1 2026 earnings that beat Wall Street expectations, with revenue rising 15.8% year-over-year to $22.39 billion and EPS of $0.41. CEO Elon Musk unveiled plans to boost 2026 capital spending to over $25 billion, focusing on AI, robotics, and ...
Elon Musk made one of his boldest claims yet about Tesla's future on March 4, posting on X that Tesla will be among the companies to develop AGI and will "probably" be the first to achieve it in humanoid form through its Optimus robot program. The ...
The automaker said demand for its vehicles has rebounded from recent declines.
Tesla stock fell on Tuesday, along with the market, after CEO Elon Musk pushed his artificial intelligence narrative over the long weekend. Shares of the electric vehicle maker fell 4.2% to $419.25, while the S&P 500 and Dow Jones Industrial Average ...
Craig from Bloomberg noted that Tesla’s (TSLA) future hinges on autonomous vehicles and humanoid robots, which remain concepts while the actual vehicle delivery business just missed expectations with 358,000 units in Q1 2026 versus Wall Street’s ...
Forbes contributors publish independent expert analyses and insights. Brooke Crothers covers and reviews electric vehicles and autonomy. This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more.
While electric carmaker Tesla (NASDAQ: TSLA) and social media specialist Meta Platforms (NASDAQ: META) are two very different companies that generate revenue from very different sources, both of their futures seem closely tied to AI (artificial intelligence).