Core Insights - Tesla has invested $2 billion in Elon Musk's AI company, xAI, which recently raised $20 billion in a Series E funding round [1][2] - The investment aligns with Tesla's Master Plan Part IV, focusing on integrating AI into physical products and services [3][6] - Tesla's shareholders previously voted against the investment, with 1.06 billion votes in favor and 916.3 million opposed, but the abstentions led to the measure's rejection [1][3] Investment Details - Tesla's investment in xAI is part of a broader strategy to enhance its capabilities in AI and robotics, including developments like the Optimus humanoid robot and autonomous vehicles [3][6] - The investment is expected to close in the first quarter and includes a framework agreement for potential AI collaborations between Tesla and xAI [4][6] Financial Performance - Tesla reported earnings that exceeded Wall Street estimates, although profits fell by 46% last year [3]

Three weeks ago, Elon Musk’s AI company, xAI, revealed it raised $20 billion in a Series E funding round. Now we know Tesla is among its investors. Tesla disclosed in a letter to shareholders on Wednesday that it invested $2 billion in xAI, the startup behind the Grok chatbot that also owns Musk’s social media company X. Other previously disclosed investors in xAI include Valor Equity Partners, Fidelity, Qatar Investment Authority, as well as Nvidia and Cisco as “strategic investors.” This is a truly ...

ToplineTesla topped revenue expectations in fourth-quarter earnings released Wednesday, narrowly exceeding Wall Street’s expectations even as it reported its first ever decline in annual revenue.Tesla reported earnings after the bell Wednesday.David Paul Morris/BloombergKey FactsTesla reported revenue of $24.9 billion in the fourth quarter, about 3.1% less than the $25.7 billion reported in the same period last year and coming in just above the roughly $24.7 billion analysts were forecasting.Full-year reven ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

80.2% 80.3%. So a beat on both the top and bottom lines. These very important numbers in terms of their cloud revenue, 32.91% billion estimates, we're calling for 32.39%.So another beat there. Azure and other cloud revenue FX. That's up 38% right in line with the estimates here.So they are posting beats across the board. They also crossed the $50 billion mark for cloud revenue this quarter for the first time. These numbers coming across.And as we're looking at the move the move is to the downside. We're dow ...

Tesla Takes a Stake in xAI, Linking Fortunes of Musk CompaniesCONCLUDED[Tesla Stock Falls After Earnings. The Stock Is All About AI Now.]Last Updated:---1 day ago# Tesla Takes a Stake in xAI, Linking Fortunes of Musk CompaniesBy[Al Root](Andrey Rudakov/Bloomberg)Tesla did it. It invested in Elon Musk's AI company xAI."On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financin ...

Group 1 - The fourth quarter earnings season is underway, with major tech companies like Microsoft, Meta, Tesla, and Apple leading the earnings calendar [1] - An optimistic consensus is forming, with 13% of S&P 500 companies having reported fourth quarter results, and analysts estimating an 8.2% increase in earnings per share for the quarter, marking the 10th consecutive quarter of annual earnings growth if this rate holds [2] - Analysts had initially expected an 8.3% jump in earnings per share heading into the reporting period, a decrease from the third quarter's 13.6% growth rate, but expectations have been raised for tech companies recently [3] Group 2 - The earnings season will test the improved stock market breadth observed at the start of 2026, with ongoing themes from 2025 such as artificial intelligence and economic policies continuing to influence investor sentiment [4] - In addition to the major tech stocks, earnings updates will come from a diverse range of companies including UnitedHealth, Boeing, General Motors, IBM, Starbucks, and others, indicating a broad economic impact [5]

NEW YORK (AP) — Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales. The EV company run by Elon Musk reported Wednesday that net income last year dropped 46% to $3.8 billion. It was the second year in a row of steep declines. The drop came despite the introduction of cheaper models and Musk's promise to remain laser-focused on the company after a foray into U.S ...

Core Insights - Tesla's revenue decreased by 3% in the fourth quarter, indicating a decline in financial performance [1] - The company has lost its position as the world's leading electric vehicle maker to China's BYD, highlighting increased competition in the electric vehicle market [1] Financial Performance - Tesla's revenue fell by 3% in the fourth quarter compared to the previous period, reflecting challenges in maintaining sales growth [1] Competitive Landscape - BYD has overtaken Tesla as the leading electric vehicle manufacturer globally, signifying a shift in market dynamics and competitive pressures [1]

How Tesla Beat the Street's ExpectationsCONCLUDED[Tesla Stock Falls After Earnings. The Stock Is All About AI Now.]Last Updated:---1 day ago# How Tesla Beat the Street's ExpectationsBy[Al Root]Tesla posted better-than-expected fourth-quarter numbers, a relief for investors nervous about declining EV sales.Elon Musk's car company reported an operating profit of $1.4 billion, down 11% year over year, but better than the $1.2 billion analysts projected.Part of the outperformance was because sales of so-called ...