Porsche will start selling the Cayenne Coupe Electric in late summer.

Tesla's planned capex for 2026 is three times higher than what the company has historically spent. Its CFO said, as a result, Tesla will have a negative free cash flow the rest of the year.

Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.

The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.