CEO Elon Musk recently provided encouraging updates on Tesla's autonomous driving and humanoid robotics technology.

Tesla just wrapped up its earnings call for the 2025 fiscal year, in which it recorded that its year-on-year profits dropped by nearly half. Its GAAP net income came to US$3.8 billion, down from $7.1 billion in 2024,

Tesla stock jumps as Model S and X are retired, highlighting Musk’s pivot toward AI, robotics and autonomous driving.

Tesla Inc. will spend over $20 billion on a dramatic reshuffling of factory lines reflecting Elon Musk’s repositioning of the carmaker coming off a multiyear sales slump.

Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.

Tesla's quarterly profit dropped sharply as Elon Musk's company deals with a slowdown in electric vehicle sales and ballooning costs. Why it matters: Tesla has ambitions to become an AI powerhouse, but meanwhile it needs EV revenue to pay the bills.

Speaking at the World Economic Forum in Davos, Switzerland last week, Musk said that Tesla is “planning to make its Optimus robots available for sale to the public by the end of 2027.” That is when Tesla will be confident that the robots will be highly reliable, safe and functional. The robots will be able to perform any task, he said.

Wall Street analysts called Tesla's pivot toward AI and robotics and away from automobiles the most important takeaway from its latest earnings report.