Elon Musk highlighted upcoming prototypes of the humanoid robot Optimus, aiming for rapid production scaling to one million units annually within five years. This focus comes amidst Tesla's recent Q2 earnings report, which indicated a 23% decrease in net profits and decreasing vehicle deliveries. The loss of EV incentives and rising trade tariffs pose significant challenges for the company. Musk noted that there could be rough financial quarters ahead as the company transitions through these market difficulties, and Tesla shares have already seen a notable decline since last year.
Elon Musk emphasized that prototypes of Optimus could arrive by year's end, stating the goal is to scale production to a million units annually within five years.
Tesla's Q2 earnings revealed a 23% decline in net profits, compounded by the loss of EV and solar power incentives due to recent political changes.
Collection
[
|
...
]