In Tesla's annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk's AI startup.

Tesla earnings beat Wall Street's estimates. The stock rose in after hours trading. A call with analysts is scheduled for 5:30 p.m. ET.

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Tesla is shifting away from Model S and Model X production to focus on mass manufacturing its Optimus humanoid ...

Jed Dorsheimer, group head of the energy and power technologies sector at William Blair, joins 'Money Movers' to discuss the planned merger between SpaceX and xAI, artificial intelligence, and more.

B xAI deal done, Model S/X axed, energy soars to $3.84B record, capex doubles to $20B+ as first revenue drop hits.

Tesla has pledged a $2 billion investment in Elon Musk’s AI startup, xAI, emphasizing its push towards autonomy and robotics. Investors are keenly watching Tesla’s self-driving and robotaxi developments,