Tesla posted a record‑high vehicle delivery figure for the quarter, driven by strong U.S. demand as the federal EV tax credit expired. Despite the sales surge, profit fell sharply from a year earlier, pressured by higher operating costs tied to AI research, robotics development and restructuring charges. CEO Elon Musk used the earnings call to stress the company’s long‑term focus on full‑self‑driving, a robot‑taxi network and the Optimus humanoid robot, while also defending a proposed $1 trillion compensation package that would give him expanded voting control. The mix of short‑term sales strength and long‑term strategic bets created a volatile outlook for investors. Read more →