Tesla Profits Rose in the First Quarter After a Tough Year for Its Car Business

Elon Musk says Tesla expenses will rise ‘substantially in the future’ as he funds AI and robotic dreams

Tesla CEO Elon Musk said he expected the electric vehicle maker's capital expenses would rise "substantially in the future" after it surprised investors on Wednesday with positive cash flow in the first quarter.

Tesla beats earnings expectations as Musk pivots automaker to AI and robots

While company reported positive cash flow and earnings of 41 cents a share, its missed its mark on reported revenueTesla reported its first-quarter earnings on Wednesday, disclosing better than expected results. The report slightly boosted the company’s share price, which has limped along this year while its CEO, Elon Musk, has tried to sell the company’s new vision of humanoid robots and self-driving robotaxis. Its core car business has struggl…

CSX delivers 25% jump in profit as it hauls more goods and cuts expenses

CSX railroad’s profit jumped 25% in the first quarter as the railroad hauled 3% more shipments and cut its expenses

Tesla surprises Wall Street and says demand for vehicles has returned

Tesla defied expectations, profiting more and spending less than expected in closely watched results as the company shifts focus from electric vehicles to artificial intelligence (AI).

Tesla widens India bet with launch of Model Y L - The Times of India

India Business News: MUMBAI: Even as it contends with slow sales and stiff competition from rivals, Elon Musk’s Tesla is expanding into India with a new product launch and.

Tesla profits rose in the first quarter after a tough year for its car business

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