Tesla Inc. will spend over $20 billion on a dramatic reshuffling of factory lines reflecting Elon Musk’s repositioning of the carmaker coming off a multiyear sales slump.

The company’s capital expenditures are set to surpass $20 billion this year, more than double what they were last year.

It turns out investors are willing to forgive huge capital spending if a company's core business is thriving.

Tesla stock jumps as Model S and X are retired, highlighting Musk’s pivot toward AI, robotics and autonomous driving.

Even without considering valuation, Meta Platforms already looks like a better bet in the era of AI. Not only is its business already benefiting from AI, with accelerating revenue growth, but the company has contingency plans for what it can do with its AI compute power if a generational paradigm shift doesn't occur as Zuckerberg hopes it will.

Wall Street analysts called Tesla's pivot toward AI and robotics and away from automobiles the most important takeaway from its latest earnings report.

Andrej Karpathy posted his "notes from Claude Coding," describing a shift in engineering over the last two months.

Musk highlighted Tesla’s shift towards AI and robotics, as the company’s electric vehicles continue to see a decline in sales.