Tesla is putting the brakes on production of the Model S and Model X.

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human driver...

Tesla has announced a $2 billion investment in Elon Musk ’s artificial intelligence venture, xAI, alongside confirmation that production of its Cybercab robotaxi remains on schedule for this year