RoboticsAv28d ago

Tesla Burns $1.1B in Cash as AI and Robotics Capex Nearly Triples

Tesla posted its first negative free cash flow in more than two years during the second quarter, burning $1.1 billion as capital expenditures nearly tripled to $5.8 billion — up from $2.5 billion in the prior quarter and $2.39 billion in th…

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RoboticsAv28d ago

China Resumes Robotaxi Permits After Three-Month Freeze

China has begun issuing robotaxi permits again, ending a freeze on new autonomous driving licenses that had been in place since April, according to people familiar with the matter cited by Bloomberg. The resumption is oc…

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RoboticsAv27d ago

Tesla Robotaxis Already Running Early FSD V15 Builds on Public Roads

Tesla's retrofitted Model Y robotaxis are already operating on public roads with early builds of Full Self-Driving software version 15, the company disclosed during its Q2 earnings call on Wednesday. Tesla AI Chief Ashok Elluswam…

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