Musk pointed out that Samsung currently manufactures Tesla's AI4 chip. The billionaire said his company has completed the design for the AI5 chip, which will be manufactured by TSMC, Samsung's primary chipmaking rival.
Samsung will make next-generation chips for Tesla, Elon Musk announced Monday.
The California DMV sued Tesla, accusing the company of misleading consumers about its technology. In a hearing this week, the DMV argued Tesla's "Full Self-Driving" technology is false advertising.
Investors in Tesla (TSLA 3.49%) have arguably faced as much adversity in 2025 as they have at any point in the company's young history. Right now, they are dealing with sales and profits spiraling lower, consumer backlash to Elon Musk's political ambitions, and the State of California trying to suspend Tesla's dealer license for 30 days, among other developments.
Tesla (NASDAQ:TSLA) is the latest EV maker to run over a bit of a roadbump this earnings season.
Elon Musk's pitch to investors is the EV unit sales are not the primary way to measure Tesla's (NASDAQ: TSLA) future success.
The share price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) has faced turbulence in recent weeks.
Tesla sent robotaxi users a new terms-of-service agreement detailing its planned launch in California's Bay Area, Business Insider reported citing a screenshot of the notification sent to users on Saturday. The notification said, "If your ride is taking place in California, it is being conducted with a safety driver using Full Self-Driving (Supervised) pursuant to authority from the California Public Utilities Commission," adding that rides taken outside California are "conducted autonomously," confirming Reuters reporting from a day earlier.
Tesla sent Robotaxi app users a new terms of service agreement on Saturday. It said the service will use supervised Full Self Driving software in California, with active driver oversight Tesla told some workers it planned to launch its Robotaxi service in the Bay Area this weekend.
Key Points in This Article: Teslaâs (TSLA) $20 trillion valuation goal is rooted in its potential beyond EVs, focusing on AI, energy, and robotics.
A pared-down Model Y might do little to lift Tesla sales. To really get people excited about the brand again, Tesla needs âactual new vehicle models,â one analyst said.
Tesla CEO Elon Musk teased a Robotaxi expansion to the San Francisco Bay Area in an earnings call on Wednesday. Regulators in the California said Tesla lacks permits to operate a driverless service in the state.