Tesla reported flat revenue while surprising analysts by reporting free cash flow for its third quarter.

On Wednesday, the company said its revenue for the period was $28 billion, unchanged from a year earlier. Instead of burning $4.92 billion in cash for the quarter, as analysts had forecast, ...

Tesla reported flat revenue while surprising analysts by reporting free cash flow for its third quarter.

On Wednesday, the company said its revenue for the period was $28 billion, unchanged from a year earlier. Instead of burning $4.92 billion in cash for the quarter, as analysts had forecast, ...

On a muggy morning in April, a venture capitalist from San Francisco arrived in China’s southern tech hub of Shenzhen with a long shopping list. His friends at U.S. robotic startups had asked him to bring back humanoids and various robotic components from China.

He headed to Shenzhen’s Huaqiangbei district, the world’s biggest electronics bazaar. At one store, he bought humanoids, which he arranged to ship back to the U.S. He then went upstairs to component floors—a labyrinth of countless stalls barely larger than walk-in closets—to pick up robot parts that control motion, manage power and carry signals. Instead of shipping those components as freight, he packed them in a suitcase and took that with him on a flight back to San Francisco.