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Tesla Shifts from EVs to AI and Robotics Focus

2/2/2026

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Summary

Story summary

Tesla, led by Elon Musk, CEO of Tesla, shifts focus from EVs to robotics and AI.
In 2025, Tesla earned $94.8 billion, with $69.5 billion from EVs, signaling a decline.
Tesla plans to invest $2 billion in Musk's xAI and expand robotaxi operations.
Tesla will end production of the Model S and Model X, representing 2% of sales.
Waymo expands its robotaxi service and faces a child-related investigation.

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Story summary

Tesla, led by Elon Musk, CEO of Tesla, shifts focus from EVs to robotics and AI.
In 2025, Tesla earned $94.8 billion, with $69.5 billion from EVs, signaling a decline.
Tesla plans to invest $2 billion in Musk's xAI and expand robotaxi operations.
Tesla will end production of the Model S and Model X, representing 2% of sales.
Waymo expands its robotaxi service and faces a child-related investigation.