by hbcondo714
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- Link to actual filing with Note 14 highlight:
In April 2026, the Company entered into an agreement to acquire an AI hardware company for up to $2.00 billion in Tesla common stock and equity awards, of which approximately $1.8 billion is subject to certain service conditions and/or performance milestones dependent on the successful deployment of the company's technology.
https://www.sec.gov/Archives/edgar/data/1318605/000162828026...
by zitterbewegung
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- I wonder if it is the people who worked on dojo that just got bought by tesla especially when they restarted their efforts on dojo earlier this year. [1]
[1] https://techcrunch.com/2026/01/20/elon-musk-says-teslas-rest...
- Original Title: Tesla (TSLA) quietly discloses $2 billion AI hardware company acquisition buried in filing
- It's pretty obvious much of this article was written with AI, there's about 15 emdashes.
This electrek site frequently comes up in my Firefox news feed and they seem to have made a business of breathless reporting news about Tesla with a negative spin.
- > The company never mentioned the deal in its shareholders’ letter or during last night’s earnings call.
Is it legal? The whole point of earnings call is to disclose such events to [potential] shareholders.
- This is such a bad article. And no suprise it's Fred Lambert.
- Could it have been acquired to clear some possible patent issues on a future product?
- > "for up to $2.00 billion [...] of which approximately $1.8 billion is subject to certain service conditions and/or performance milestones dependent on the successful deployment of the company’s technology."
so it could be as well just 200 million.
- Atomic Semi?
Hacker News