Elon Musk’s Trillion-Dollar Pivot – Why Tesla Is Killing Its ‘Cheap Car’ to Build an Army of Robots

Elon Musk’s Trillion-Dollar Pivot – Why Tesla Is Killing Its ‘Cheap Car’ to Build an Army of Robots

Image: MrPaloma Tesla’s car business has just posted its first annual revenue decline, but Elon Musk claims salvation lies in robots that don’t exist yet. The company’s Q4 2025 earnings revealed a brutal reality: auto revenue declined 11% year after year to $69.53 billionwhile total vehicle deliveries decreased 8.6% to 1.636 million units. Meanwhile, BYD … Read more

Tesla is planning a $20 billion capital expenditure to push beyond human-driven cars

Tesla is planning a  billion capital expenditure to push beyond human-driven cars

By Chris Kirkham and Akash Sriram LOS ANGELES, Jan 28 (Reuters) – Tesla plans to more than double capital spending to a record high of more than $20 billion this year – but some of it will go to its traditional business of selling electric vehicles to human drivers. The company, which lost the global … Read more

Michael Burry says Tesla is ‘ridiculously overvalued,’ slams Musk’s pay packet

Michael Burry says Tesla is ‘ridiculously overvalued,’ slams Musk’s pay packet

Short seller Michael Burry just took a swipe at another richly valued stock: Tesla (TSLA). Burry, who rose to fame shorting the housing market during the 2008 financial crisis, dubbed the EV maker “ridiculously overvalued” in a Substack post on Sunday. Business Insider was the first to report on Burry’s latest missive. His post took … Read more