Elon Musk, Tesla
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On Thursday, Elon Musk gave wide-ranging remarks that included new timelines for Tesla Inc. (NASDAQ:TSLA) humanoid robot and Full Self-Driving software. Musk Teases Optimus Sales Timeline At Davos Making a surprise debut at the World Economic Forum in Davos,
CEO Elon Musk says the company will close down production of two older car models, S and X, and convert the Fremont factory to produce its Optimus robots instead.
Plus, a new bill would claw back funding for EV chargers and Scout's direct-to-consumer sales plans spark another lawsuit.
Tesla pivots from electric vehicles to autonomous technology as Elon Musk announces the discontinuation of Model S and Model X to focus on mass-producing Optimus robots.
Tesla announced their plan to end Model S and Model X production, shifting focus to Optimus robot factory. More Videos
During the company’s Q4 earnings report, Tesla announced that it beat expectations, bringing in $24.9 billion versus the $24.7 billion Wall Street expected. That seems like good news, though the company reported a decline in revenue of three percent,