Headlines

Tesla's (TSLA) CEO Musk says that he expects humanoid robots to be available for direct sale to the public by the end of next year

Newsquawk Staff ·

  • Space X and Tesla plan to construct up to 100GW of solar power annually.
  • Thinks self-driving car cars will gain approval in Europe next month.
  • Robotaxi will be widespread by the end of this year in the US.
  • Says by next year we could have AI that's smarter than any human.

What it means

Musk's statements on humanoid robots being available for public sale by next year could signify a pivotal shift in Tesla's business model, potentially opening new revenue streams. Additionally, the assertion about self-driving cars gaining EU approval soon and the rollout of robotaxis suggests imminent advancements in Tesla's technology, which could enhance investor confidence and impact stock performance. Overall, these developments could position Tesla competitively not only in the automotive sector but also in broader technology markets.

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