The profit miss and cash burn come despite record vehicle deliveries in the quarter as a fuel-price surge sparked by the Iran war drove EV demand. | World News

Tesla posts record Q2 deliveries but is set to burn roughly $3.25bn in cash as its $25bn AI, robotaxi, and Optimus bill tests investor patience.

July 21 : Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over…

CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as self-driving taxis and humanoid robots.…

Tesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries beat expectations, while energy storage…