The acquisition comes after Tesla said new spending will go toward AI-related initiatives involving its robotaxi service and its Optimus humanoid.

As Tesla Inc. acts on CEO Elon Musk’s aim to grow the company’s fleet of self-driving vehicles and more advanced versions of its humanoid robots, profit is on the rise. The Austin-based company said ...

Tesla has officially started production of its Cybercab autonomous robotaxi at Gigafactory Texas, meeting its announced target. CEO Elon Musk emphasized that output will be slow initially due to the ...

Tesla Inc. is being sued by a woman who said she was injured by falling debris when two forklifts collided while she was visiting the company’s Gigafactory Texas near Austin. In a suit filed in state ...

Tesla has grown its unsupervised robotaxi fleet to 26 vehicles across three Texas cities while preparing launches in other U.S. markets. At the same time, it is accelerating its $25 billion Terafab ...

In addition to financial figures, Tesla’s (TSLA) latest earnings report also brought details about the company's plans for the coming months and years. This includes a strong push into robotics, with ...

Austin Current is a nonprofit local news organization supported by The Texas Tribune, reporting on Austin government, education and community. Sign up for the Current’s free newsletter here. Tesla’s ...