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SpaceX targets in-house GPUs as it warns investors of chip supply, costsSpaceX is preparing for a major IPO and has revealed ambitious plans to manufacture its own graphics processing units, or GPUs. These chips...
Terafab: Elon Musk’s massive factory will build AI chips for cars, robots, space projectsThis "advanced technology fab" aims to produce one terawatt of computing power annually, focussing on custom AI chips for Tesla's vehicles,...
Musk says SpaceX and Tesla to build advanced chip factories in AustinThe comments followed Musk's announcement a day earlier of plans to build "Terafab," an advanced AI chip complex in Austin.
Elon Musk's confidant Omead Afshar exits Tesla in latest high-level departureOmead Afshar, a key Tesla executive and close associate of Elon Musk, has departed the company amidst a period of significant change. This ...
Tesla in dire straits as reports say company halts production of Cybertruck, Model Y— Where is the stock headed?Tesla has temporarily suspended Cybertruck and Model Y production at its Austin plant for a week, triggering a near 4% stock drop. This pau...
Tesla builds first Cybertruck after two years of delaysThe company has pushed back production timing since then and Elon Musk had cited shortages in sourcing components last year as the reason f...
Tesla, insurers take different paths to deal with expensive repairsChief Executive Elon Musk says Tesla is making design and software changes to its vehicles to lower repair costs and insurance premiums.
Tesla investors approve stock split; Musk to add factoriesMusk said Tesla might announce another factory site this year, and it expects to have about a dozen in the future. Currently the company ha...
Tesla's 2Q sales drop amid supply chain, pandemic problemsThe company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18% drop from the first three months ...
Elon Musk vows fast fix for new "money furnace" Tesla factoriesIn a May 30 interview with a Tesla owners club that was just released this week, Elon Musk said that getting the Berlin and Austin plants f...
Elon Musk says Tesla's new car factories 'losing billions of dollars'Elon Musk said Tesla's Texas factory produces a "tiny" number of cars because of challenges in boosting production of its new "4680" batter...
Elon Musk encourages Tesla staff while warning of ‘tough quarter’In the first three months of the year, the EV maker delivered 310,048 cars -- a quarterly record that came in above analysts forecasts -- a...
Tesla stops taking orders for Cybertruck outside North AmericaChief executive Elon Musk has said Tesla would start production of the Cybertruck next year at its plant in Austin, Texas.
Tesla's Giga Berlin will ease the surge in demand for EVs in EuropeThe manufacturing unit of Tesla in Germany will roll out up to 5,00,000 Model Y cars annually while catering to the expectations of its cus...
Tesla details $1 billion costs for Gigafactory Texas, targets year-end completionThe five facilities would have a combined square footage of nearly 4.3 million (0.4 square kilometre), and cost a combined $1.06 billion, a...
Tesla to expand presence in Palo Alto despite HQ move to TexasElon Musk has said Tesla will keep expanding activities in California, including boosting output for its car factory in Fremont and its bat...
Tesla speeds the EV industry's South by Southwest driveMusk himself moved to Texas last year, as SpaceX increased its presence in the southern tip of the country. Tesla started building its next...
Elon Musk says Tesla moving headquarters to Austin, Texas“I'm excited to announce that we're moving our headquarters to Austin, Texas,” CEO Elon Musk says at the Tesla AGM. “Just to be clear, thou...
Tesla’s cash haul leaves it in rarefied tier of S&P 500The money will help support Tesla’s capital spending, which is expected to double in each of the next two years, as the company focuses on ...
After 670% rally, Tesla to raise $5 bn in third share sale this yearAfter soaring almost 670% this year, Tesla shares dipped as much as 4.2% before the start of regular trading Tuesday.