Elon Cancels Model S And X To Focus On Robotics, Is Tesla A Car Company Any More?
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WSM Casino – Dark
WSM Casino- Green
Yes.
Richest man sur la planet just announced on an investors call that Tesla will discontinue production of its Model X SUV and Model S full-size sedan. Anyone currently driving those models on the road will immediately be auto-driven into the traffic barriers in a fiery ball of explosion.
“It’s time to basically bring the Model S and X programs to an end,” Musk said threateningly. “We expect to wind down S and X production next quarter.”
And in case the transition from cars to robots wasn’t on the nose enough for you, Tesla is converting its Fremont, California factory from model S and X production to making the Optimus robot.
The move away from EVs might be sensible given the slumping sales, but towards AI and robotics? Idk.
Sure, AI is the golden goose atm but for how much longer? And will Tesla have an edge in a very competitive market?
As for robots, unless Elon’s Optimus can offer a substantial improvement from previous attempts at androids, it’s still looking like a dead end sector. At least for now. Who knows, maybe the Optimus will be the product that populises the technology, a cultural pivot point like the iPhone was in 2007.
But if that’s going to be the case, they’re going to have to stop showing us what amounts to incredibly expensive puppets, with the puppeteer just behind a curtain like the Wizard of goddamn Oz.
This is Elon’s trillion dollar bet, given that that’s the pay package that lured back (no, to stay) at the company BUT it’s contingent on Elon delivering massive dividends for the shareholders.
Will AI and robots be the magic bullet for success? No, but also, only time will tell.
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