Tesla Boosts Spending to $25B
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Tesla profits rose in 1st quarter
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Tesla Stock Falls
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Tesla’s last manually driven car, the new Roadster, will make its public debut in a month, give or take. Don’t make travel plans just yet.
Tesla just quietly revealed a $2 billion acquisition, without ever actually announcing it. Tesla did not name the company it is acquiring, describe its technology, or explain how it fits into its broader AI strategy.
The company disclosed the mystery acquisition in a single line of a securities filing, as Elon Musk's companies have been ramping up spending on AI.
Tesla CEO Elon Musk is asking investors to take a leap of faith on his costly bets in self-driving technology and humanoid robots that have yet to generate meaningful revenue.It raises a key question for investors: whether Tesla's rising spending can be justified without the kind of established,
Tesla's profits were up from this time last year. But the company warned investors to prepare for expensive investments in next-generation technology like humanoid robots and AI.
To convince government agencies to buy Tesla vehicles, the company is waiving all standard delivery fees
The company plans to replace old vehicle computers in a plan that one analyst said seemed “expensive and perhaps not even sensible.”
Don't get too excited. It's going to take some time for production to ramp up.