Tesla's Musk Slows Down Robotaxi Plans; Company Warns It Will Burn Cash Through 2026

On Tesla's Q2 2026 earnings call, Elon Musk tempered robotaxi expectations — a notable shift for a CEO known for aggressive timelines. "We're going as fast as humanly possible," Musk said, while stressing safety. CFO Vaibhav Taneja told investors Tesla will spend more cash than it brings in for the rest of 2026.