Tesla Wants Out of the Car Business
4 days ago
- #Tesla
- #Elon Musk
- #Electric Vehicles
- Elon Musk's Tesla Model Y remains a top electric vehicle (EV) despite increasing competition.
- Tesla hasn't released a new car in five years, focusing instead on robotaxis and AI-driven robots.
- Tesla's latest 'Master Plan IV' omits new EVs, emphasizing AI, robotics, and sustainable energy.
- Previous Tesla master plans accurately predicted the company's direction, making the latest one significant despite its vagueness.
- Musk's ambitious vision includes deploying millions of robots and robotaxis, with potential $1 trillion incentives tied to these goals.
- Tesla lags behind competitors like Waymo in autonomous driving and faces skepticism about its humanoid 'Optimus' robot.
- Tesla's shift away from EVs risks its market position, especially as sales decline globally due to competition and Musk's controversies.
- The auto industry's EV momentum may wane if Tesla, a pioneer, steps back, potentially slowing progress toward sustainable transportation.