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Tesla profits tumble on lower EV sales, AI spending surge
AFP, Published on 29/01/2026
» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.
Tesla profits drop as Musk warns of 'rough' patch before riches
AFP, Published on 24/07/2025
» NEW YORK — Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles (EVs) under United States President Donald Trump's big fiscal package.
Tesla launches long-discussed robotaxi service
AFP, Published on 23/06/2025
» NEW YORK - Tesla began offering robotaxi services on Sunday in the US city of Austin, Texas, an initial step that Elon Musk's backers believe could lead to the company's next growth wave.
Musk to reduce White House role as Tesla profits plunge
AFP, Published on 23/04/2025
» NEW YORK - Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday as the electric vehicle maker reported a 71 percent drop in first-quarter profits.
Lofty promises for autonomous cars unfulfilled
AFP, Published on 15/12/2019
» NEW YORK: The first driverless cars were supposed to be deployed on the roads of American cities in 2019, but just a few days before the end of the year, the lofty promises of car manufacturers and Silicon Valley remain far from becoming reality.