Tesla is radically changing its strategy, announcing the halt of production for the Model X SUV and the luxury Model S sedan to focus on artificial intelligence. CEO Elon Musk emphasized that the company's future is no longer in luxury cars, but in the development of technologies such as the Optimus robot, for which the Fremont factory will be repurposed. This decision comes amid a decline in revenues in the automotive sector, with an 11% drop and 16% fewer deliveries, but Tesla has exceeded Wall Street expectations with revenues of $24.9 billion. Musk has promoted AI projects, including the fleet of autonomous Robotaxis, and announced a $2 billion investment in the startup xAI. With planned capital expenditures of $20 billion, Tesla is betting on future growth, despite challenges in the automotive market, including losing the title of the largest electric car manufacturer to BYD.
Sources
Tesla oprește producția a două modele de lux pentru a face loc „armatei de roboți” a lui Musk
Tesla will end Model S and X production, focus on humanoid robots at Bay Area factory
Tesla abandonează producția unor modele pentru a produce roboți umanoizi
Tesla oprește producție pentru modelele S și X și se concentrează pe roboți umanoizi
Tesla oprește producția pentru modelele S și X și se concentrează pe roboți umanoizi
Latest News
14:14
Russia threatens that it could strike British military targets in response to the missiles supplied to Ukraine by the United Kingdom.
14:12
Pedestrianization and new bridges: The Capital City Hall launches major urban regeneration projects
14:05
SuperLiga can take an example! They qualified for the main stage of the Conference League without winning any matches.
13:57
France: A driver deliberately hit several people near the train station in Caen, killing two people and injuring another ten.
13:54
Marco Rubio congratulated the citizens of the Republic of Moldova on the occasion of Independence Day and emphasized Washington's commitment to supporting the country's sovereignty.
See more news