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Tesla says production-ready Optimus robot is coming soon

Tesla says production-ready Optimus robot is coming soon

Tesla says production-ready Optimus robot is coming soon In its earnings report, Tesla says that the third-generation version of its Optimus humanoid robot “meant for mass production” will be unveiled in the first quarter of 2026. This new version of Optimus will include “major upgrades from version 2.5, including our latest hand design.” And the […]

Tesla finally kills Autopilot in a bid to boost FSD subscriptions

Tesla finally kills Autopilot in a bid to boost FSD subscriptions

Tesla finally kills Autopilot in a bid to boost FSD subscriptions Tesla scrapped its Autopilot driver assist feature that used to come standard in new vehicles, as it attempts to steer customers to its newly subscription-only Full Self-Driving (FSD) system. According to Electrek, the company removed Basic Autopilot as a standard feature from new Model […]

Humanoid robots are coming. Eventually?

Tesla says production-ready Optimus robot is coming soon

Humanoid robots are coming. Eventually? This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on robotics and AI, follow Robert Hart. The Stepback arrives in our subscribers’ inboxes at 8AM ET. Opt in for The Stepback here. We’re taking a winter break! The Stepback will be […]

Tesla rewards Elon Musk’s reality-distortion field

Tesla rewards Elon Musk’s reality-distortion field

Tesla rewards Elon Musk's reality-distortion field The most striking moment of Tesla’s annual shareholder meeting Thursday wasn’t when Elon Musk won a impossible sounding pay package worth nearly $1 trillion. That was a foregone conclusion, given Musk’s popularity with retail shareholders and his ability to vote his own extensive holdings. To me, the more illuminating […]

Tesla shareholders approve Elon Musk’s $1 trillion pay package

Tesla shareholders approve Elon Musk’s  trillion pay package

Tesla shareholders approve Elon Musk's $1 trillion pay package Tesla shareholders voted Thursday to approve Elon Musk’s staggering new pay package, in a move aimed at retaining the controversial CEO’s leadership during a time of great upheaval for the automaker. Over 75 percent of shares voted in favor of the proposal. The vote gives Musk […]

Tesla’s revenues rebound as consumers race to claim expiring tax credit

Tesla’s revenues rebound as consumers race to claim expiring tax credit

Tesla's revenues rebound as consumers race to claim expiring tax credit Tesla reported a profitable third quarter today, as shoppers scrambled to snatch up the company’s EVs in record numbers before the federal EV tax credit expired. Tesla said it earned $1.4 billion in net income on $28.1 billion in revenue in the quarter that ended […]

Larry Ellison usurps Elon Musk as the world’s richest person

Larry Ellison usurps Elon Musk as the world’s richest person

Larry Ellison usurps Elon Musk as the world's richest person Elon Musk can no longer claim the title of the world’s richest man — at least for the time being. The net worth of Oracle CTO and co-founder, Larry Ellison, ballooned by $101 billion on Wednesday morning, bringing his total fortune to $393 billion, according […]