Tesla has been promising more affordable models as the thing that will help pull it out of its current rut. But in an earnings call Wednesday, the company’s CEO came right out and confirmed rumors that it would just be a stripped down version of the Model Y,

Tesla shares are falling after CEO Elon Musk warned of "a few rough quarters" as the company shifts focus to offering a self-driving taxi service.

R obotaxis driving around Austin. A humanoid robot serving popcorn in Los Angeles. A Tesla delivering itself to a customer. Tesla Chief Executive Elon Musk is telling investors the carmaker’s future is closer than ever—and it doesn’t depend on selling electric vehicles.

At a pre-launch event at Tesla’s new Hollywood diner on July 19 punters were served popcorn by a prototype model of Tesla’s vaunted ‘Optimus’ robot

Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the company’s current limited rollout.

Trump’s signature fiscal legislation puts at risk a crucial source of profit for Tesla that had allowed the electric-vehicle maker to sell billions of dollars of regulatory credits to more polluting rivals to offset their emissions.