Tesla Is Killing 2 Iconic Car Models To Make Robots
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Robots are quietly lining up for factory jobs and humans may soon be outnumbered or replaced entirely
Tesla is saying goodbye to the cars that put it on the map. The company plans to stop making the Model S and Model X. These were the luxury electric vehicles
Elon Musk announces the end of Model S and X production to convert the Fremont factory for Optimus robots. Tesla aims for mass robot production by late 2026.
Way back during Covid (the longest five years ago), Hyundai spent a pretty penny to purchase Boston Dynamics—the company that has been teasing us with increasingly life-like (life-adjacent might be more accurate) robots for more than three decades now.
ATLANTA — A humanoid robot took center stage at the CES tech showcase this week, which will soon help build cars here in Georgia. Hyundai-owned Boston Dynamics publicly demonstrated the robot called Atlas at the electronics convention on Monday in Las Vegas.
Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.
1don MSN
Tesla made smallest annual profit since the pandemic, plans to spend big on robotaxis and robots
Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales. The EV company run by Elon Musk reported Wednesday that net income last year dropped 46% to $3.