Tesla also scrapped its mission to 'accelerate the transition to sustainable energy' with a new goal of building 'a world of amazing abundance' ...

Tesla said last night it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI - and that production plans for its Cybercab robotaxi were on track for this year.

Tesla will stop producing the Model S and Model X next quarter as Elon Musk shifts focus to autonomy and robots.

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human ...

Tesla will stop producing Model S and Model X, CEO Elon Musk confirmed amid poor sales, autonomous driving future.

For the fourth quarter of last year, Tesla’s net income also plunged, down 61% to $840 million, or 24 cents. Excluding ...

Set against 1.6mn car deliveries globally, the 10,600 units Tesla shifted in Japan last year, according to the Japan ...

Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. No advance word was given about the cancellations, making it an ...

Tesla has seen its first decline in annual revenue in the company's history, putting CEO Elon Musk's historic pay package ...

Multi-billionaire Elon Musk also announced plans to end production of its Model S and Model X vehicles.

The two models helped move electric vehicles from the consumer fringe into the mainstream. Tesla CEO Elon Musk said Wednesday that the company would begin phasing out its Model S and Model X electric ...