CEO Elon Musk sold his first company, Zip2, for more than $300 million in 1999, he suddenly had enough cash to buy just about ...

RIP Model X and S. The post Elon Musk Shutting Down Tesla Car Factory to Manufacture Robots Instead appeared first on Futurism.

Elon Musk has come under strong scrutiny over his treatment of Tesla as a brand after axing two models from its lineup and a ...

Tesla's car sales dropped 11% while Elon Musk pivots to unproven robots, losing the EV crown to BYD as investors question the ...

Tesla's dropoff in Europe brought down its overall revenue in 2025 by 3 percent, declining for the first time in the ...

Tesla is taking one of the boldest turns in its history, and it’s not just about electric cars anymore. After years of ...

Tesla dominated the electric vehicle industry by the mid-2010s with sleek, fast cars that helped combat the public perception that EVs were severely limited by short ranges.

On Tesla Inc.’s quarterly earnings call last week, Mr. Musk said the company would stop production of its model S and X cars.

The race is on to make humanoid robots. Elon Musk announced Wednesday that Tesla is shutting down production of two electric car models and converting a California plant to build the Optimus robot .