Tesla CEO Elon Musk, who turned an upstart electric vehicle maker into an industry-changing powerhouse, is pulling the plug on the two models that helped get him there, as he struggles with another quarter of declining profits and car sales.

Tesla stock jumps as Model S and X are retired, highlighting Musk’s pivot toward AI, robotics and autonomous driving.

Tesla executive Ashok Elluswamy clarified in a post on X that some vehicles in the company’s fleet will continue to have a safety monitor for the time being. ・Fund manager Gary Black believes removal of safety monitors in Austin robotaxis is a key positive catalyst.

Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.

A team from the University of Pennsylvania and the University of Michigan has built the tiniest programmable, self-driving robots ever made—microscopic

Tesla just wrapped up its earnings call for the 2025 fiscal year, in which it recorded that its year-on-year profits dropped by nearly half. Its GAAP net income came to US$3.8 billion, down from $7.1 billion in 2024,

Nvidia also has its own automotive/robotics segment that brought in $586 million in revenue in the second quarter of its fiscal 2026. It's a small slice of Nvidia's total revenue, but key partnerships and a rapidly growing industry suggest that this segment can become a meaningful contributor to Nvidia's future growth.

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.

Researchers demonstrate that misleading text in the real-world environment can hijack the decision-making of embodied AI systems without hacking their software. Self-driving cars, autonomous robots and drones, and other AI systems that use cameras may be vulnerable to these attacks.

Answering the question, "Why move two-pound burritos in two-ton cars?" a Redwood City company has built autonomous sidewalk delivery robots already completing orders in several cities and is hoping for a commercial launch in San Francisco soon.