Tesla posted its financial statement for the second quarter of the year this afternoon. Earlier in July, we learned that the American automaker had had a good quarter in terms of sales, growing 25 percent year over year. Fans hoping that sales increase would result in a plenty profitable Tesla may be disappointed, though. Revenues are up but so are expenses, and the company’s once-enviable double-digit profit margin has fallen to just 1.4 percent. Tesla brought in $20.5 billion from its electric vehicle business, a 23 percent increase year over year, and just $146 million came from automotive regulatory credits. Credits have been a key to Tesla’s profitability in previous challenging quarters, but they were abolished in the United States with Musk’s blessing in 2025. There was growth from its energy and storage business, which grew 13 percent year over year to revenues of $3.1 billion, but the most growth was in Tesla’s services, which doubled, bringing in $4.6 billion. Tesla’s shift from a one-time purchase to a monthly subscription for its much-criticized FSD partially automated driver assist—something tied to CEO Elon Musk’s gargantuan remuneration package—was a big help here. O
Jul 22, 2026 → Aug 11, 2026
This article was published on August 11, 2026 The state waived its $50,000 price cap for California-headquartered EV makers, which helps Rivian and Lucid and not Tesla, and buyers cleared the money anyway Tesla exhausted its share of…
Read original at The Next Web →9 updates from 5 sources over 3 weeks.
This article was published on August 11, 2026 The state waived its $50,000 price cap for California-headquartered EV makers, which helps Rivian and Lucid and not Tesla, and buyers cleared the money anyway Tesla…
Read original at The Next Web →What might a modern day equivalent of Isaac Asimov’s laws of robotics look like? Guided by the author, I propose the three laws of AI Tesla and SpaceX founder Elon Musk predicted in July that legions of AI-powered…
Read original at The Guardian →Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Ford’s…
Read original at TechCrunch →This article was published on August 6, 2026 Nik Storonsky is in talks over a share award that pays out if Revolut reaches a $500 billion valuation. That is more than four times its value today, and a deal that size…
Read original at The Next Web →Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Elon Musk…
Read original at TechCrunch →This article was published on August 3, 2026 Mariana Minerals has raised $310m at a $1.5bn valuation to build and run US copper and lithium mines with its own AI software. The pitch: the AI century needs metal, and…
Read original at The Next Web →Elon Muskâs EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics Teslaâs stock fell about 13.5% on Thursday in one of the biggest single-day market losses in the…
Read original at The Guardian →Tesla’s stock price plunged 14% on Thursday after the car company reported negative free cash flow of $1.1 billion despite revenue rising 26% from a year earlier. CEO Elon Musk sounded rather odd on the earnings call…
Read original at Gizmodo →Tesla posted its financial statement for the second quarter of the year this afternoon. Earlier in July, we learned that the American automaker had had a good quarter in terms of sales, growing 25 percent year over…
Read original at Ars Technica →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
This article was published on August 11, 2026 The state waived its $50,000 price cap for California-headquartered EV makers, which helps Rivian and Lucid and not Tesla, and buyers cleared the money anyway Tesla exhausted its share of…
View source →What might a modern day equivalent of Isaac Asimov’s laws of robotics look like? Guided by the author, I propose the three laws of AI Tesla and SpaceX founder Elon Musk predicted in July that legions of AI-powered robots would dominate the…
View source →Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Ford’s next-generation electric…
View source →This article was published on August 6, 2026 Nik Storonsky is in talks over a share award that pays out if Revolut reaches a $500 billion valuation. That is more than four times its value today, and a deal that size would be a first for…
View source →Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Elon Musk wants you to believe…
View source →This article was published on August 3, 2026 Mariana Minerals has raised $310m at a $1.5bn valuation to build and run US copper and lithium mines with its own AI software. The pitch: the AI century needs metal, and America is losing the…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
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