Tesla Inc. intends to begin operating its autonomous cars in the Valley by the end of the year, CEO Elon Musk said during a Wednesday earnings call.

During the Q3 earnings call, the EV maker discussed CEO Elon Musk's $1 trillion pay package, set a timeline for Tesla Robotaxi, and teased Optimus V3.

Tesla CEO Elon Musk confirmed that the company's new AI5 chip will be produced by Samsung in Texas and TSMC in Arizona, aiming for an oversupply. Whil

The AI5 excess production, we can always put in our data centers,” Musk said. The new chip will underpin Tesla’s self-driving software as well as its Optimus robot platform. The AI5 is the latest in Tesla’s custom-designed processor line,

Tesla CEO Elon Musk has jumped in as a middle person by employing both of the world’s leading chip foundries—Samsung Foundry and TSMC (Taiwan Semiconductor Manufacturing Co.) to produce its critical,

Despite selling more vehicles in the United States than a year ago, Tesla earned less per car as price cuts and incentives squeezed margins. The company offered low-interest loans and reduced prices on its popular Model 3 and Model Y by about $5,000 compared with previous entry-level versions.

Federal authorities have launched an investigation into Tesla following multiple reports that its Full Self-Driving (FSD) software violated traffic laws.

Tesla said revenue from Full Self-Driving in the third quarter fell compared to the same period last year, when it brought in $326 million.