The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.

Discover the incredible journey of Tesla as we explore its rise from a small startup to a global leader in electric vehicles.

Elon Musk might be advising the engineers involved to resort to trickery as “The Only Option.” Arguing that electric cars are the future, he tried to understand what the engineers might be going ...