Tesla CEO Elon Musk warned of challenges after the EV maker saw a 12% revenue drop to $22.5 billion in Q2, marking its worst quarter in years. The decline stemmed from lower vehicle deliveries and regulatory credit revenue,

Tesla Inc. warned that provisions in President Donald Trump’s $3.4 trillion fiscal package will pose meaningful challenges for the EV maker in the next several months.

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.

Elon Musk says any Tesla investment in his AI startup, xAI, should come from shareholder proposals. Tesla CFO Vaibhav Taneja says the earnings call isn’t the right forum to discuss the investment. SpaceX is reported to be investing about $2 billion into xAI.

Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision of a self-driving future.

Elon Musk's Tesla Diner, a classic diner and EV charging station all in one, opened Monday in West Hollywood, California.

The Tesla diner and drive-in had a surprise opening on Monday, serving a mix of milkshakes and charging stations

The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong competition from cheaper electric vehicles and a backlash against CEO Elon Musk’s political views.