Musk's Tesla goes full throttle on AI pivot despite first revenue decline

Tesla announced Wednesday it plans to put $2 billion into xAI, the artificial intelligence company run by CEO Elon Musk, while telling investors that its much-talked-about Cybercab robotaxi remains set to begin production sometime in 2025. The double announcement backs up Musk’s bigger strategy to transform Tesla from a car company into an AI business. […]