Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions
Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.
Elon Musk
Tesla’s revenue rises again as it prepares for more AI and robotics
Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk’s $1 trillion bet to transform his company into a leader of AI and robotics. Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That’s a […]
SpaceX cuts a deal to maybe buy Cursor for $60 billion
With an IPO looming for Elon Musk’s SpaceX / xAI / X combo platter of companies, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. Buying this startup that’s focused on AI coding could help xAI’s tools compete with market […]
Elon Musk grilled by senator over X Money plans
Elon Musk is facing questions about his upcoming payments platform, X Money, and whether it will allow users to safely perform transactions. In a letter to Musk on Tuesday, Sen. Elizabeth Warren (D-MA) writes that X Money could pose a risk to “consumers, our national security, and the stability of the financial system,” citing Musk’s […]
Tesla is un-canceling its plan to build a smaller, cheaper EV: report
It looks like a smaller, cheaper Tesla is back on the menu. Today, Reuters is reporting that the electric automaker is calling around to suppliers about building an all-new – that is, not based on the Model 3 or the Model Y – electric SUV that would be more affordable than its current lineup. The […]
Intel will help build Elon Musk’s Terafab AI chip factory
Elon Musk’s Terafab AI chip project in Austin, Texas, is gaining a crucial new partner: Intel. On Tuesday, the American chipmaker announced it was signing on to help design and build the sprawling facility, which would supply AI chips to Musk’s two companies, SpaceX (newly merged with xAI) and Tesla. Musk needs AI chips to […]
Cisco CEO Chuck Robbins wants data centers in space
Today, I’m talking with Chuck Robbins, CEO of Cisco. Cisco is one of those big companies that everyone has heard of but that most of us don’t have to interact with very much; it’s not really a consumer brand. But all of us are in some way using Cisco’s products and services every day because […]
Can orbital data centers help justify a massive valuation for SpaceX?
On the latest episode of TechCrunch’s Equity podcast, we debated Elon Musk’s vision for data centers in space.
Tesla’s Texas factory workforce reportedly shrunk 22% in 2025
Tesla’s headcount fell from 21,191 workers to 16,506 workers in 2025, according to a report, as it grappled with its second straight year of declining sales.
The final days of the Tesla Model X and S are here. All bets are on the Cybercab.
It’s a new era for Tesla — and one that will rely on its ability to launch the Cybercab and mass-produce the Optimus robot.