According to documents obtained by Bloomberg, xAI recorded a net loss of $1.46 billion over the third quarter of 2025. That's an even worse loss than previous months - in the first quarter of 2025, for example, the company's net loss was roughly $1 billion, and it's shredded $7.8 billion in cash over the last year, according to documents obtained by the publication.
Elon Musk's lofty vision for Tesla includes less attention on electric vehicles and a doubling-down on its autonomous robots, even as production for the bots have hit numerous snags. The Tesla CEO said on Monday 80% of Tesla's value would someday come from Optimus robots, the humanoid bot Musk's company introduced in 2021 intended to eliminate dangerous and menial factory tasks. Musk's forecast of the bots' success came shortly after Tesla revealed its " Master Plan Part IV " on Monday, outlining Tesla's goals for the future.