Musk claims Tesla will 'make AGI' after years of wrong AI predictions

4 hours ago

Elon Musk claims Tesla will be among the first to develop AGI, specifically in humanoid/atom-shaping form.
Musk has a history of making bold AI predictions (e.g., AGI by 2025, Singularity by 2026) that are repeatedly missed or delayed.
Tesla's business struggles: declining sales (1.63M vehicles in 2025, down 9%), revenue drop ($94.8B, down 3%), and earnings crash (EPS down 33%).
BYD overtakes Tesla as the world's largest EV maker (2.26M deliveries in 2025).
Tesla's stock remains overvalued ($1.5T market cap) based on AI/robotics hype, not car performance.
Conflict with xAI: Musk shifts AI resources away from Tesla, raising fiduciary concerns among investors.
Critics argue Musk's AGI claims are a distraction from Tesla's core business challenges.

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