Elon Musk, Tesla and Supply Chain
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Elon Musk spelled out the difficulty of making Optimus dexterous, reliable, durable, and safe, and why it will be tough to ramp up production.
Tesla’s stock price plunged 14% on Thursday after the car company reported negative free cash flow of $1.1 billion despite revenue rising 26% from a year earlier. CEO Elon Musk sounded rather odd on the earnings call Wednesday evening,
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Elon Musk preaches patience on robotaxi, Optimus rollout. Tesla stock plummets.
Elon Musk provided few updates about robotaxis and Optimus during second-quarter earnings. The stock fell more than 13%.
Tesla CEO Elon Musk said his Optimus robot will be the "first" robot capable of carrying out generalized tasks and being "genuinely useful" in day-to-day life, despite falling behind schedule. He said
During the earnings conference call, Musk led off by talking about the strong uptake of FSD and long-term upside. He noted the “massive” capex year will pay off with “incredible” returns for investors.
Elon Musk claims Tesla’s Optimus robot could outperform human surgeons within three years, but medical experts question whether AI is ready for the OR.
In results issued after markets closed Wednesday, the Austin company said revenue jumped to $28.24 billion. Still, profit fell as spending rose.
Tesla Inc. CEO Elon Musk has predicted that self-driving cars will cause traffic to increase in the future as more vehicles will be on the road. Robot Cars Will Make Traffic Worse On Sunday, Musk responded to investment firm