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Tesla Rolling Out Robotaxis With Human Drivers in the Driver's Seat, Defeating the Purpose of a Robotaxi

futurism.com Unknown 2025-12-30 12:22:56

Tesla is planning to follow up on its extremely limited and technical-issues-plagued robotaxi service in Austin, Texas — with an even more limited rollout in San Francisco. According to an internal memo obtained by Business Insider, Elon Musk's EV maker is looking to accelerate its timeline by rolling out a robotaxi service across a large swathe of the Bay Area, as soon as this week. But there's a Gigafactory-sized caveat: a human safety operator will be sitting in the robotaxi's driver seat,

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Tesla's Optimus Robots Have Reportedly Run Into Severe Trouble

futurism.com Unknown 2025-12-30 17:28:05

Elon Musk's Tesla is in deep trouble. This week, the company reported a massive 16 percent decline in automotive revenues, the biggest drop in over a decade. With tax incentives and auto regulatory credits being phased out by president Donald Trump, Musk conceded that the company is facing a "few rough quarters" ahead. While Musk didn't manage to reassure investors about rescuing Tesla's car sales business — the company's shares plummeted following Wednesday's earnings call — the billionaire i

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Tesla is reportedly behind on its pledge to build 5,000 Optimus bots this year

techcrunch.com Rebecca Bellan 2025-12-30 22:14:19

In Brief Tesla is well behind the pace needed to meet its earlier stated goal of producing at least 5,000 Optimus humanoid robots this year, The Information reports. Nearly eight months into 2025, and the number of bots Tesla has produced is only in the hundreds, according to two sources. That means Tesla will either need to step it up or push back the deadline. The news comes after Tesla reported a 12% decline in overall revenue in the second quarter, due to falling EV sales, less cash from r

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Tesla is reportedly bringing a limited version of its robotaxi service to San Francisco

techcrunch.com Sean O'Kane 2025-12-30 22:55:05

Tesla is launching an even-more-limited version of its early robotaxi service in San Francisco this weekend, according to Business Insider, after an initial rollout began last month in Austin, Texas. The company plans to offer rides with a driver in the driver’s seat, which is necessary because Tesla does not have the proper permits for driverless testing or deployment, according to California DMV records. It is not clear whether the company has obtained a permit from California’s Public Utili

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Tesla's stock plunges 8% after another weak quarter for auto sales

cnbc.com Arjun Kharpal Lora Kolodny 2026-01-01 12:04:24

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told analysts that there could be a "few rough quarters" ahead due to the expiration of federal electric vehicle tax

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Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

cnbc.com Ari Levy 2026-01-01 17:51:18

In this article TSLA BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Thiago Prudencio | LightRocket | Getty Images Tesla missed on the top and bottom lines in the second quarter, but another miss was buried in its investor deck The company's digital assets are currently valued at $1.24 billion. That's up substantially from $722 million a year ago. But anyone who's been following the crypto market knows that the figure represents a lost opportunity amounting to billions of dollars in m

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After Years of Promises, Tesla Says Its Cheaper Car Is Actually on the Way

gizmodo.com Luc Olinga 2026-01-01 17:13:29

For nearly a decade, it has been the holy grail for Tesla fans and the key to its mainstream future: a truly affordable electric car for the masses. After years of promises, delays, and speculation, the company confirmed on Wednesday that the long-awaited cheaper Tesla is finally moving from myth to reality. In its Q2 2025 earnings release, Tesla stated, “We continue to expand our vehicle offering, including first builds of a more affordable model in June, with volume production planned for the

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Elon Admits That Tesla Is in for a World of Hurt

futurism.com Unknown 2026-01-02 03:27:35

The ordeal isn't over yet for Tesla or its investors, according to CEO Elon Musk, as it misses heaps of Wall Street targets in its latest earnings report. "We probably could have a few rough quarters," Musk said in a conference call on Wednesday, as quoted by the Financial Times. If past is prelude, he could be onto something. In the second quarter, between April and June of this year, Tesla raked in just $1.2 billion in net income, when during that same period last year it made $1.4 billion.

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How can Tesla make a cheaper Model Y?

theverge.com Andrew J. Hawkins 2026-01-02 03:34:47

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. In an earnings call Wednesday, Tesla CEO Elon Musk “let the cat out of the bag”: The new, more affordable electric vehicle the company has been touting for over a year, and that has been singled out as the one thing that could pull Tesla out of its sales rut, wasn’t new at all. It was just the Model Y. Not only that, the s

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Tesla's stock plunges 9% after another weak quarter for auto sales

cnbc.com Arjun Kharpal Lora Kolodny 2026-01-02 12:59:08

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 9% Thursday after the company reported a second straight quarter of declining auto sales, and CEO Elon Musk told analysts that there could be a "few rough quarters" ahead due to the expiration of federal electric vehicle tax

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Elon Musk Warns That Tesla Board Could Fire Him "If I Go Crazy"

futurism.com Unknown 2026-01-02 12:15:11

As widely expected, Tesla's latest business fundamentals are not looking good. During the company's second-quarter earnings call on Wednesday, Tesla reported a whopping 16 percent decline in automotive revenue, its biggest drop in over a decade. There are no two ways about it: Tesla is in a full-blown crisis under Musk's leadership. The mercurial CEO has massively tarnished the company's brand, leading to plummeting sales. At some level, even Musk seems to get it. The richest man in the world

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Yet another bad three months as Tesla reports its Q2 2025 results

news.ycombinator.com Unknown 2026-01-02 17:13:50

Tesla posted its financial results for the second quarter of 2025 this afternoon. The numbers show yet another bad three months for the automaker. As competition in the EV marketplace has exploded, Tesla has increasingly been left behind, with a small and aging model lineup, before we even contemplate how CEO Elon Musk has tarnished what was once the hottest brand in the car world. Earlier this month, we learned that sales dropped by 13 percent year over year in Q2 2025; today, the financials sh

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Tesla shares drop 8% after auto sales plunge again

cnbc.com Arjun Kharpal 2026-01-02 22:47:11

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT watch now Tesla shares fell 8% Thursday after the company reported a second straight quarter of declining auto sales. Elon Musk's electric vehicle maker reported a top and bottom line miss on second-quarter results, noting that automotive revenue fell 16% year-on-year to $16.7 billion. On an earnings call, Musk said Tesla "probably could have a few rough quarters" ahead as a result of the expiration of federal electric vehicl

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Tesla Turns to a Classic Tactic to Spark a Buying Frenzy

gizmodo.com Luc Olinga 2026-01-02 22:00:52

If you’ve been thinking about buying a Tesla, the company has a direct and urgent message for you: the clock is ticking, and time is running out. During a conference call with analysts on Wednesday, Tesla’s Chief Financial Officer, Vaibhav Taneja, issued a stark warning to potential U.S. customers. The popular $7,500 federal tax credit for electric vehicles is set to expire permanently on September 30th, and the company is signaling that it may not be able to fulfill orders for customers who wa

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Tesla shares drop 6% in premarket trading after auto sales plunge again

cnbc.com Arjun Kharpal 2026-01-03 14:45:04

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tesla shares fell 6% in premarket trading on Thursday after the company reported a second straight quarter of declining automotive sales. Elon Musk's electric carmaker reported a top and bottom line miss on second-quarter results, noting that automotive revenue fell 16% year-on-year to $16.7 billion. On an earnings call, Musk said Tesla "probably could have

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Tesla’s Nightmare Continues as Musk Warns of ‘Rough Quarters’ Ahead

gizmodo.com Luc Olinga 2026-01-03 09:14:11

Tesla’s second-quarter earnings paint a grim picture: falling profits, slumping sales, and a reputation hit that keeps on hurting. The all-electric carmaker reported net income of $1.17 billion, down 16.3% from the same period in 2024. Revenue fell 12% to $22.5 billion from $25.5 billion a year earlier, marking Tesla’s second consecutive quarter of declining profits and revenue this year. The cause is clear: Tesla is selling fewer cars and cutting prices to chase demand. Deliveries fell 13.5%

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Tesla’s Nightmare Continues As Musk Warns of “Rough Quarters”Ahead

gizmodo.com Luc Olinga 2026-01-03 15:14:11

Tesla’s second-quarter earnings paint a grim picture: falling profits, slumping sales, and a reputation hit that keeps on hurting. The all-electric carmaker reported net income of $1.17 billion, down 16.3% from the same period in 2024. Revenue fell 12% to $22.5 billion from $25.5 billion a year earlier, marking Tesla’s second consecutive quarter of declining profits and revenue this year. The cause is clear: Tesla is selling fewer cars and cutting prices to chase demand. Deliveries fell 13.5%

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Yet another bad three months as Tesla reports its Q2 2025 results

arstechnica.com Unknown 2026-01-03 15:11:18

Tesla posted its financial results for the second quarter of 2025 this afternoon. The numbers show yet another bad three months for the automaker. As competition in the EV marketplace has exploded, Tesla has increasingly been left behind, with a small and aging model lineup, before we even contemplate how CEO Elon Musk has tarnished what was once the hottest brand in the car world. Earlier this month, we learned that sales dropped by 13 percent year over year in Q2 2025; today, the financials sh

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Your Eyeballs Will Bug Out Like a Retro Cartoon Character When You Hear the Prices at Tesla's New Burger Joint

futurism.com Unknown 2026-01-03 21:08:01

What do you do when your electric vehicle company is flailing, your shareholders are ready to mutiny, and your self-driving car venture is the laughingstock of Austin? If you're Elon Musk, apparently, you open a burger restaurant. Called Tesla Eats, the fast food joint made its debut this week next to a Supercharger lot in Los Angeles, seven years after it was first announced. Situated on a corner lot in Santa Monica, the restaurant sports a curved and sterile chic which Eater LA says makes it

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Undeterred by limits, Elon Musk plots a big robotaxi expansion

theverge.com Andrew J. Hawkins 2026-01-03 22:29:24

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla wants to bring its robotaxi service to new markets, including cities in Florida, Nevada, Arizona, and California, Elon Musk said in an earnings call Wednesday. The company is testing its Full Self-Driving (Supervised) feature in Europe and China, and hopes the launch the controversial product in the near future. And i

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Elon Musk's Tesla Is Now the Most Hated Electric Vehicle Maker

futurism.com Unknown 2026-01-04 00:53:07

To absolutely no one's surprise, a new study on electric vehicles has found that people really hate automaker Tesla — more than any other major EV brand, underscoring a tumultuous year with CEO Elon Musk's deeply unpopular forays into politics leading to people protesting or even vandalizing Teslas. A market research initiative called the Electric Vehicle Intelligence Report polled more than 8,000 people over the spring and summer and found that Tesla ranked dead last in a list of 19 EV carmake

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A $17 Hotdog and a Humanoid Robot Serving Popcorn: WIRED’s Day at the Tesla Diner

wired.com Jason Parham 2026-01-04 03:00:54

Renuka Veerasingam believes Elon Musk is humanity’s last hope. “I want to go to Mars, and he is going to take us,” she says. “Space is the final frontier. It’s in our DNA to find the final frontier—to keep going until we get to the edge.” Though Veerasingam is 140 million miles from Mars, she is currently on the edge of Santa Monica Boulevard and North Orange Drive, in the heart of Hollywood, for the opening of the new Tesla Diner, modeled in the likeness of the same kind of retro-futuristic sp

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Tesla reports sales miss as auto revenue drops for second straight quarter

cnbc.com Lora Kolodny 2026-01-04 08:50:59

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Tesla's slump this year is partly due to a backlash against the company in the U.S. and Europe, after CEO Elon Musk spent heavily to help reelect President Donald Trump , endorsed Germany's extreme anti-immigrant AfD party, and then led the Trump administration's Department of Government Efficiency. At DOGE, Musk helped to slash the federal workforce

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Tesla’s earnings hit a new low, with largest revenue drop in years

theverge.com Andrew J. Hawkins 2026-01-04 08:20:40

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a 12

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Tesla profits pulled down by falling EV sales and regulatory credits

techcrunch.com Kirsten Korosec 2026-01-04 08:48:04

Falling EV sales combined with a lower average selling price, less revenue from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line during the second quarter of 2025. And a 17% growth in revenue in its services business, which includes cash generated from its Supercharging network, wasn’t enough to close the gap. The company reported Wednesday revenue of $22.5 billion, a 12% decline from the same period last year. The company’s second quarter

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Things Are Looking Really, Really Bad for Tesla

futurism.com Unknown 2026-01-04 20:23:12

Elon Musk's carmaker Tesla is widely expected to disappoint with its Q2 earnings report later today. Demand for the company's EVs has dried up significantly over the past 18 months, driven in large part by its exceptionally divisive CEO's efforts to alienate buyers at the exact moment that the company is facing a flood of high-quality international competition. Deliveries fell a record 13.5 percent this quarter compared to a year earlier — and the accompanying earnings report, which is set to

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Tesla set to report second-quarter earnings after the bell

cnbc.com Lora Kolodny 2026-01-05 03:00:09

Elon Musk, chief executive officer of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris, June 16, 2023. Tesla will report second-quarter results after the close of regular trading on Wednesday. Here's what Wall Street expects, according to an average of estimates compiled by LSEG: Earnings per share : 43 cents : 43 cents Revenue: $22.74 billion Revenue in the period is expected to drop 11% from a year earlier, marking a second str

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Waymo Is Crushing Tesla in the Robotaxi Race

gizmodo.com Luc Olinga 2026-01-05 08:57:09

The future of getting from A to B without touching the steering wheel is finally here. And it’s a fight between two of Silicon Valley’s biggest names. On one side: Waymo, Alphabet’s self-driving division that has spent over a decade perfecting robotaxis and just crossed 100 million driverless miles on public roads. On the other: Tesla, with Elon Musk promising a future where your car earns money for you while you sleep. Waymo Expands While Tesla Launches Big (and a Little Vulgar) In Austin, Te

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As Tesla’s Sales Dwindle, a Critical Revenue Source Is Running Dry

gizmodo.com Lucas Ropek 2026-01-05 17:10:27

Despite the occasional stock market rally, Tesla is clearly struggling. The EV company, once the crown jewel of its industry, has seen steep declines over the past year, as its CEO, Elon Musk, continues to draw criticism over his political activities. Sales for the company are down all over the world, despite its recent introduction to new markets, like India. Now, as Tesla struggles to keep its head above water, another significant revenue stream is about to run dry, thanks largely to Musk’s fo

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It Looks Like the Tesla Model Y Refresh Has Bombed

wired.com Carlton Reid 2026-01-06 08:00:00

Despite Elon Musk stepping away from his DOGE activities, Tesla’s sales have continued to slide. No doubt Musk hoped that the release earlier this year of the refreshed Model Y would help reverse these fortunes; however, describing the six-year-old midsize crossover EV as “new” appears not to have attracted as many buyers as Tesla anticipated. Model Y is crucial for Musk; it accounts for roughly two-thirds of Tesla's global sales (though this fluctuates). Last year, however, according to JATO D

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Latest Tech News

Tesla Rolling Out Robotaxis With Human Drivers in the Driver's Seat, Defeating the Purpose of a Robotaxi

Tesla's Optimus Robots Have Reportedly Run Into Severe Trouble

Tesla is reportedly behind on its pledge to build 5,000 Optimus bots this year

Tesla is reportedly bringing a limited version of its robotaxi service to San Francisco

Tesla's stock plunges 8% after another weak quarter for auto sales

Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

After Years of Promises, Tesla Says Its Cheaper Car Is Actually on the Way

Elon Admits That Tesla Is in for a World of Hurt

How can Tesla make a cheaper Model Y?

Tesla's stock plunges 9% after another weak quarter for auto sales

Elon Musk Warns That Tesla Board Could Fire Him "If I Go Crazy"

Yet another bad three months as Tesla reports its Q2 2025 results

Tesla shares drop 8% after auto sales plunge again

Tesla Turns to a Classic Tactic to Spark a Buying Frenzy

Tesla shares drop 6% in premarket trading after auto sales plunge again

Tesla’s Nightmare Continues as Musk Warns of ‘Rough Quarters’ Ahead

Tesla’s Nightmare Continues As Musk Warns of “Rough Quarters”Ahead

Yet another bad three months as Tesla reports its Q2 2025 results

Your Eyeballs Will Bug Out Like a Retro Cartoon Character When You Hear the Prices at Tesla's New Burger Joint

Undeterred by limits, Elon Musk plots a big robotaxi expansion

Elon Musk's Tesla Is Now the Most Hated Electric Vehicle Maker

A $17 Hotdog and a Humanoid Robot Serving Popcorn: WIRED’s Day at the Tesla Diner

Tesla reports sales miss as auto revenue drops for second straight quarter

Tesla’s earnings hit a new low, with largest revenue drop in years

Tesla profits pulled down by falling EV sales and regulatory credits

Things Are Looking Really, Really Bad for Tesla

Tesla set to report second-quarter earnings after the bell

Waymo Is Crushing Tesla in the Robotaxi Race

As Tesla’s Sales Dwindle, a Critical Revenue Source Is Running Dry

It Looks Like the Tesla Model Y Refresh Has Bombed

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