Tesla is giving the Model S and Model X the ax. Recent sales figures help explain why.

SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign billionaire Elon Musk is weighing how to consolidate his empire.

Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.

The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.

The Delaware Supreme Court handed Tesla a victory on Friday, slashing by more than $100 ​million the legal fees owed to shareholder lawyers ‌who successfully sued directors at Elon Musk's electric car company for overpaying themselves.

Tesla experienced drops of 54% in 2018, 61% during the Covid crash, and 74% in the recent inflationary shock. Despite robust growth, these steep declines illustrate that considerable risk is ever-present. View TSLA Dip Buyer Analyses to understand how the stock has rebounded from significant declines in the past.

Investors are going to have to get used to robo-taxi safety data as the services expand across the U.S.

Jan 30 (Reuters) - Shares of Tesla jumped nearly 5% on Friday after reports that SpaceX was in deal talks with Elon Musk's other companies stoked investor hopes that the billionaire's tech empire could be unified further.