New York, Jan 28, 2026 (AFP) - Tesla profits sink as it plans to invest in Musk AI venture

NAMPA / AFP

2026-01-29

Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments. The electric vehicle maker, which describes itself as in "transition from a hardware-centric business to a physical AI company," said it had reached an agreement on January 16 to invest $2 billion in Musk's xAI artificial intelligence venture. Profits came in at $840 million in th......

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2026-01-29 01:00:17

Seoul, Jan 28, 2026 (AFP) - Samsung Electronics posts record profit in 4Q on AI demand

2026-01-29 01:00:17

New York, Jan 28, 2026 (AFP) - Tesla profits tumble on lower EV sales, AI spending surge

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New York, Jan 28, 2026 (AFP) - US stocks move sideways, shruggging off low-key Fed meeting

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San Francisco, United States, Jan 28, 2026 (AFP) - Microsoft results exceed expectations as AI spending surges

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2026-01-28 23:31:29

New York, Jan 28, 2026 (AFP) - Tesla profits sink as it plans to invest in Musk AI venture

2026-01-28 23:31:29

San Francisco, United States, Jan 28, 2026 (AFP) - Microsoft results exceed expectations as AI spending surges

2026-01-28 23:31:29

HILLSBORO, Jan 28, 2026 (BSW) - Press Release from Business Wire: Lattice Semiconductor

2026-01-28 23:01:51

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