ANO—THER. ● NEWS

Tesla

Illustration for the xAI reorganization story
moneyculture

Musk staffs xAI with Starlink loyalists ahead of a $1.25 trillion listing

A Bloomberg feature based on interviews with about a dozen people familiar with xAI reports that after SpaceX absorbed the company, dozens of employees left, including most cofounders, and Musk redeployed trusted lieutenants from Starlink and Tesla. Longtime Starlink executive Michael Nicolls became xAI president in April with a mandate to catch up with Anthropic's Claude. Per SpaceX's IPO filing, xAI posted a $2.47 billion operating loss on $818 million of revenue in Q1 2026, with AI capex of $7.7 billion in the quarter; the combined listing targets a valuation around $1.25 trillion.

Illustration for the Samsung humanoid robots story
robotics

Samsung commits $13 billion to humanoid robots with production planned this year

On July 21, 2026, Samsung Electronics created the Robotics Experience (RX) Business Promotion Office, reporting directly to the CEO and led by robotics veteran Dongkun Lee, with plans to invest 19 trillion won (about $13 billion) in humanoid manufacturing facilities in Gumi, South Korea, and start producing humanoids within this year. The first robots go onto Samsung's own production lines in H2 2026 to collect data, on the way to AI autonomous factories by 2030.

Illustration for the Tesla Q2 earnings story
moneyrobotics

Tesla's record delivery quarter comes with a 57 percent profit drop and zero Optimus robots

Tesla's Q2 2026 results showed revenue of $28.24 billion, up 26 percent, and a record 480,126 deliveries, its first time crossing $100 billion in twelve-month revenue. But adjusted earnings of 33 cents per share missed the 50 cents expected, profit fell 57 percent, and free cash flow went negative as spending shifts to AI and robots. On Optimus, Tesla says it is installing first-generation production lines and will start production soon, with the first robots collecting training data rather than going to customers.