Tesla profit rises nearly 17% as EV sales improve, robotaxi and AI efforts expand

Tesla reported higher first-quarter profits and outlined plans for robotaxis, AI and manufacturing expansion in Texas.
Electrek

Tesla seems to say Robotaxi launch will be pushed back in 5 US cities

Tesla said it would cover half the US with Robotaxis by now, then backpedaled to 8 cities, and is now delaying 5 of them.

Tesla's Robotaxi miles 'nearly double,' Supercharger network grows 19%, and the largest chip plant ever — 5 key updates from Tesla's earnings release

Tesla's first quarter results contained a slew of key updates from across its manufacturing and self-driving initiatives.

WATCH: Tesla Robotaxi Tells Passenger to Exit Car at 40 MPH

Tesla appears to be running only one self-driving Model Y robotaxi in Dallas, and the self-driving part clearly needs improving.

Tesla's robotaxis hit the streets of Dallas, Houston as Musk's vision of self-driving future takes shape

Tesla's move comes as the robotaxi business has regained momentum with Alphabet'ss Waymo and Amazon's Zoox speeding up expansion.

Tesla robotaxi launches in Dallas, Houston represent 'tangible progress,' says Morgan Stanley analyst—Ross Gerber terms it a distraction

Investment bank Morgan Stanley analyst Andrew Percoco believes Tesla Inc.‘s TSLA launch of its Robotaxi service in Houston and Dallas is a sign of progress for the automaker’s self-driving vision. Tangible Progress In an investor note released on Sunday,

Tesla reports mixed financial results as Musk pivots automaker to AI and robots

Figures fail to significantly buoy stock as firm admits ‘significant effort and hard work’ needed to achieve goals