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Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.

Elon Musk says humanoid robots will be the future of Tesla. The company has a long way to go. Tesla is well behind the pace necessary to meet Musk’s publicly stated goal of producing at least 5,000 of its Optimus humanoid robots this year,

Meanwhile, another artificial intelligence (AI)-powered transportation stock has rocketed higher this year, partly due to its emerging autonomous driving business. Lately, the stock seems to go up when Tesla goes down and vice versa. Is it the ultimate threat to Tesla's autonomous driving ambitions?

The Tesla Supercharger Diner opened Monday in West Hollywood  and Elon Musk is already teasing a Texas expansion.

But if you just listened in on the company’s call with analysts, you would have no idea why. For an earnings call, there was zero talk of, um, earnings. And the overall message from Tesla’s top brass seemed to be: We are a robotics and AI company, and, someday soon, it’s going to be awesome.

Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.

Tesla (TSLA) missed on second quarter earnings. The company also revealed its cheaper electric vehicle (EV) model will enter volume production in late 2025, but investor patience is wearing thin. Yahoo Finance Senior Reporters Allie Canal,