Tesla is making some drastic moves to position its business for the future.

China is banning hidden door handles on all cars sold in the country, becoming the first country in the world to target the feature – which was popularized by Tesla but has for years drawn concern over safety risks.

Tesla expects to more than double capital spending in 2026 as it invests heavily in robotics and driverless technology.

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.

This week’s Current Climate newsletter also looks at Indiana’s plan to get rare earths from coal waste and how batteries keep power flowing in Texas

On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

Tesla has a history of making big promises.

The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.

Tesla’s robotaxis were on average significantly cheaper than its rivals like Waymo or Uber, but they scored far more poorly on key metrics like average waiting time.

The carmaker used its quarterly earnings report to describe itself as a ‘physical AI company.’ So far, investors don’t seem rattled by the pivot. Tesla, a brand once synonymous with consumer electric vehicles,

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