US EditionAs Tesla Doubles Down on AI and Robots, EVs Look More Like a Side Hustle
Tesla will repurpose its Fremont factory to build Optimus humanoid robots and invest $20 billion this year, more than doubling 2025 spending, signaling a shift from EVs to AI technology.
9 Articles
9 Articles
Should Investors Buy Tesla Stock After Upbeat Outlook on Robotaxis and Robots?
Key PointsTesla's core auto business continues to struggle.The company plans to up its capex to pursue its robotaxi and robotics ambitions. These 10 stocks could mint the next wave of millionaires › In typical Tesla (NASDAQ: TSLA) fashion, the company made some big promises when it reported its Q4 results. However, one of the most notable things to come out of the report is that the company is trying to steer away from being an electric vehicle …
As Tesla Doubles Down on AI and Robots, EVs Look More Like a Side Hustle
While Tesla romances AI investors with promises of a robotic future, the carmaker is saying “sayonara” to two ground-breaking EVs. CEO Elon Musk told investors on an earnings call last week that the time has come for its revolutionary Model S sedan and Model X sport-utility vehicle to receive an “honorable discharge.” It’s enough to make investors wonder whether Tesla, once the face of electric vehicles, will next attempt a Facebook-to-Meta styl…
The announcement came at the time of the presentation of Tesla's financial results. Now, the Model S and Model X will no longer be produced from 2026. As a reminder, these two models were launched respectively in 2012 and 2015. They played a major role in the rise of the American manufacturer. Moreover, they allowed Tesla to impose as a pioneer of the high-end electric car, at a time when electricity remained marginal. Today, Elon Musk estimates…
Tesla cuts select car models ahead of robotics push
Tesla, the electric vehicle (EV) maker, is shifting its focus to artificial intelligence (AI) and robotics, amidst mention of first time ever fall in annual revenue. The company, which is run by multi-billionaire Elon Musk, reported a 3% decline in total revenues in 2025, while profits fell 61% in the last three months of the year. Tesla also announced plans to end production of its Model S and Model X vehicles. It will now use the manufacturing…
Tesla profits plummet in the midst of robot pivot
Tesla remains one of the world's largest EV manufacturers, and can be generally attributed to at least pushing the worldwide adaptation of the personal electrically powered vehicle. But over the past few financial quarters, Tesla leadership has made it clear that it views it's car business in the rearview mirror, as it prepares a pivot to producing a personal robot called Optimus. As InsideEVs can report, they recently announced a 46% year-on-y…
Tesla's fourth-quarter (October-December) financial results sent a clear message: we're no longer a car company.
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