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Tesla, annual profit

Tesla annual profit plunges to lowest level since pandemic

For the fourth quarter of last year, Tesla’s net income also plunged, down 61% to $840 million, or 24 cents. Excluding one-time charges, net income totaled 50 cents per share, compared to analysts’ forecasts of 45 cents.

· 8h · on MSN

Tesla made smallest annual profit since the pandemic, plans to spend big on robotaxis and robots

· 5h

Tesla plans $20 billion capital spending spree in push beyond human-driven cars

· 11h

Tesla Profit Slumps, but Investors May Not Care

Tesla reported a steep decline in annual profit Wednesday as it cut car prices to try to fend off growing competition from established automakers like Volkswagen and newer rivals from China.

· 4h

Musk's Tesla To Spend $20 Billion On Autonomous Vehicles, Humanoid Robots

· 10h

Tesla invested $2B in Elon Musk’s xAI

Tesla hits a grim milestone: its second straight year of decline

Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks.

The Daily Dot

California may suspend Tesla sales after judge flags “autopilot” as misleading

A California judge ruled that Tesla's claims on its Autopilot and Full Self-Driving features are deceptive enough for a license suspension. If the company doesn't take appropriate action within 90 days, the judge recommended a 30-day suspension of Tesla's ...