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Tesla cuts AI, robotics spending plans ahead of potential SpaceX deal
Tesla says it increased its cash flow in the third quarter after investing far less in its AI and robotics ambitions than Wall Street had expected.
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Tesla says it increased its cash flow in the third quarter after investing far less in its AI and robotics ambitions than Wall Street had expected.
Heavy spending is needed to help Tesla reorient operations around futuristic business lines, a shift seen as justifying a merger with SpaceX.
Reliable Robotics extended its Series D round with $115 million in equity and $25 million in debt.
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