Tesla starts Optimus robot production in California as profit falls 43%
Tesla’s revenue was flat and its expenses skyrocketed as it pressed the accelerator on its Optimus robots, AI, and autonomous driving.
Tesla’s revenue was flat and its expenses skyrocketed as it pressed the accelerator on its Optimus robots, AI, and autonomous driving.
Field also worked on Apple’s secretive car project and oversaw development of the Tesla Model 3.
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.
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell company associated with Apple, according to documents filed with Maricopa County. Waymo acquired the property,…
Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.
The company is abandoning plans for a brand new all-electric pickup truck codenamed “T3” and ending production of the battery-only Lightning.
Tesla has applied for a permit to test and deploy autonomous vehicles in Arizona. It’s also eyeing expansion in Austin, Texas, and California.
LoveFrom, the creative firm founded by former Apple chief designer Jony Ive, played a role in the development of Rivian’s first electric bike, according to multiple sources who spoke to TechCrunch.