Tesla is making some drastic moves to position its business for the future.

Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.

TSMC first started volume production of these chips in 2018 and the technology remains widely used in AI and data centres today. Even if it is several years behind, Tesla could, in principle, produce usable AI chips for running models for vehicle autonomy and humanoid robots.

Chinese solar shares jumped in morning trading on Wednesday after local media reported Tesla staff visited various companies in the sector days after Elon Musk announced plans to build large-scale solar cell production in the U.

On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.

If you’re planning to buy a Tesla Model Y in India, you can now get up to Rs 3 lakh in benefits by trading in your old ICE vehicle.