Shares of Tesla (NASDAQ:TSLA | TSLA Price Prediction) are once again dominating the financial press, with Elon Musk insisting that robotaxis, Optimus humanoids, and a coming wave of artificial intelligence will turn the company into something far bigger than a carmaker.

The acquisition comes after Tesla said new spending will go toward AI-related initiatives involving its robotaxi service and its Optimus humanoid.

Elon Musk says Tesla’s Optimus robot could launch next year, with production starting in 2026 and a major scale-up planned by 2027.

How Tesla performed during the last three months is unlikely to change investors' minds about its long-term growth prospects.

Despite the positive reaction to the Semi milestone, Tesla’s stock has remained under pressure in recent months, down about 14% year-to-date and more than 2% lower following its March-quarter results.

A single line in a new Tesla regulatory document says the company "entered into an agreement to acquire an AI hardware company."

The electric vehicle icon isn't selling as many automobiles as it would like, but the ones it is selling are increasingly profitable.

Tesla plans to register more than 300 million shares for Elon Musk after a court restored his 2018 compensation package.

Tesla Inc (NASDAQ: TSLA) has just taken a step it's been promising for years. It was reported last week that production of its long-awaited Cybercab is officially underway, moving the company's robotaxi vision from concept to reality.