Though he danced around the heart of the matter and refused to outright criticize the company's CEO, the Future Fund managing partner said he hopes to "learn from [his] mistakes" when forecasting stock success, which seems like financespeak for throwing one's hands up in the air.

Ads for Elon Musk’s "Swasticar" Go Viral as Tesla Crumbles

Government infusions at key moments helped Tesla and SpaceX flourish, boosting Musk’s wealth.

Elon Musk’s business empire is built on $38 billion in government funding - Washington Post

Bitcoin has tumbled below $90,000 to hit the lowest since mid-November, as rising volatility hits crypto market

Bitcoin slides below $90,000 amid crypto selloff; Tesla sales slide across Europe; UK defence stocks jump – as it happened | Business | The Guardian

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Windows at Tesla Dealership Blown Out by Gunfire

Though all of Tesla's EVs have suffered complaints and issues relating to their futuristic door latches, the Cybertruck's might be the most horrifying.

Cybertruck Driver Was Blasted on Booze and Cocaine in Deadly Crash

Insiders at Tesla Concerned That Musk's Madness Is Damaging Company, Saying It Would Be Better If He Just Resigned

Last year, Figure AI said it raised $675 million in a funding round, with investors such as Nvidia, Microsoft and Amazon.com founder Jeff Bezos, valuing the company at $2.6 billion. Major tech companies, including Nvidia, Meta Platforms and Tesla, alongside various startups, are diving into ...

Robotics startup Figure AI in talks for new funding at $39.5 billion valuation, Bloomberg News reports

Tesla

tesla

Let's learn about via these 74 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Tesla /Learn Repo 1. Electric Vehicles: to Buy or Not to Buy Electric Vehicles are Popular, but Should YOU Get One? 2. Musk Took on a $12.5 Billion Personal Loan Secured by His $62.5 Billion Worth of Tesla Stock Twitter v. Elon Musk Court Filing, July 12, 2022 is part of HackerNoon's Legal PDF series. Part 14 of 31: FACTUAL ALLEGATIONS -The financing structure 3. Where are crypto markets heading in 2021 Elon Musk is more than just the world’s richest man and one of the most divisive famous figures. He’s an inventor and an innovator whose opinion matters in today’s tech space, perhaps more than it ever did. 4. The Tech Entrepreneur Elon Musk is Making Advanced Pigs Elon Musk facilitated the live demo to show how Neuralink mind inserts can be carefully added to a live subject with no hindrance to their wellbeing. ‘They’re solid and glad, and undefined from an ordinary pig,’ he said. 5. All You Need to Know About the Tesla Dojo Supercomputer All about the Dojo Supercomputer, what it is, why it was created, how it works and what it will be used for 6. Why The Tesla Robot Won't Work Everything you need to know about the Tesla Robot, what we know about this new machine, what we think it will be capable of doing and why we think it won't work 7. MashRadar Reviews: The Tesla Prototype Humanoid Robot Optimus This Tesla Humanoid Robot Optimus review will examine the features and functionality of Elon Musk’s latest invention. 8. Tesla Cybertruck: Built for Mars, Available on Earth Elon Musk is known for his incredibly ambitious, multi-year visions for the future. Tesla’s initial Master Plan, funding cheap vehicles with expensive ones, was realized with the Model 3. Now the Cybertruck is part of a whole new Master Plan that has much more to do with SpaceX than Tesla. You might love the Cybertruck, or you might hate it, but it was never designed for you. Cybertruck was designed to be extremely rugged, Mars rugged. 9. MachineFi: Unlocking The Machine Economy The Internet of Things could be as important to household wealth as homeownership by 2030. MachineFi makes sure this new wealth is distributed fairly. 10. The GameStop Incident is Only The Beginning Be it QAnon, Game stop, or T-Series the underlying forces are the same. They are driven by the followers of a belief, a belief initially led by a few with some 11. Tesla’s Recent Layoffs May Start a Trend in Tech Employment With the United States' economy in unseen circumstances, tech companies' hiring habits are responding and employees must also. 12. Elon Musk and Crypto Markets: "Seriously, playing?" or "Playing seriously"? Elon Musk and crypto market manipulation - is it a joke or a serious crime? 13. Mass Transit In a Post COVID-19 World As I write this on April 18, 2020, there are over 156,000 global deaths due to COVID-19, which is actually a tiny percent, however, this disease is incredibly communicable and is still not well understood. 14. Elon Musk: From The King's Gambit to The Pawn's Endgame Decentralization is one of favorite Elon’s words, but not when it comes to the Internet. 15. Three Bullish Tech Predictions for 2020 #1 The Distributed Workforce Proliferates 💻 16. Tesla Joins the Cryptocurrency Game: What does this Mean for the Market? On February 8, the cryptocurrency market was rocked by the news of a $1.5 billion investment in BTC from Tesla. Bitcoin responded with an immediate rise to $48,000 and an increase in capitalization to almost $900 billion. 17. How to Hack Self-Driving Cars: Vulnerabilities in Autonomous Vehicles Self driving cars use artificial intelligence to allow vehicles like Tesla to drive without human interaction. This feature makes these cars vulnerable to hack. 18. Another Self-Driving Car Accident: New AI Development Lesson To Learn From (Source: https://blogs.nvidia.com) 19. Tesla's Snowball Effect There is a threshold before which growth seems painfully slow, yet, as you pass through that threshold, things start to grow exponentially. 20. The Future of Technology: Advanced AI Technology on the Roads Google and Tesla believe that self-driving vehicles have the ability to reduce automotive accidents dramatically. The National Highway Traffic Safety Administration's data shows that 90 per cent of automobile crashes involve human choice. AI can be used in automobiles to allow drivers to make better and/or quicker choices while preventing human errors
such as texting or drunk driving. Many have expressed concerns over fear of loss of control and allowing robots to oversee our driving. Critics question whether AI can make ethical decisions involving cars, obstacles and pedestrians in complex situations. 21. The Pros and Cons of Electric Cars Electric Cars have their pros and cons. It includes easy maintenance, environment friendly, safer driving at the expense of range, cost, and charging time. 22. Meta's "Oops" Moment 2022 might not have been Facebook's year, yet the social media titan continues to dominate HackerNoon's Tech Company Rankings. 23. Why Tesla’s Optimus Is a Big Step on the Way to AGI LaMDA-like large language models with Tesla Optimus-like robots will be the next big step on the way to Artificial General Intelligence. 24. Is Tesla Adding Dogecoin as a Payment Option? Twitter user @BitDeepu tweeted an image of Tesla’s source code that shows that Dogecoin holders can buy Tesla Model Y with their DOGE tokens. 25. Tesla Plans to Expand Onshore Manufacturing to Capitalize on IRA Energy Tax Credits Leveraging advanced manufacturing production credits and consumer incentives appear to be a key element in its business strategy for the upcoming year. 26. Is Elon Musk the Real-Life Scrooge McDuck? Where has all of Elon's coolnessity gone? 27. Disruption in the Tech Giants Musical Chairs This week's tech rankings are a bit unusual in that we have new entrants making it to the top 5. 28. Solar Energy and Technology: Innovative Solutions Against Global Warming From one year to another, people become more aware of the existing ecological problems and start to realize the need for eco-friendly solutions. Fortunately, technology also develops in this direction: there are countless startups that offer innovative solutions to eco-problems. In this article, we have gathered the promising projects that have appeared in the recent years. They are united by the same goal to help our planet and to innovate towards clean energy. 29. TLDR Newsletter Week of August 12th Highlights Sponsor: Scraper API's 5 Tips for Web Scraping 30. More Than Just an OS: Microsoft Stays at #1 More Than Just an OS: Microsoft Stays at #1 31. New Battery Technologies and the Race to Beating Climate Change NextGen batteries will power the future… if we can make them. 32. Some Tech Giants Hurt In Wake of Pelosi's Visit to Taiwan Thousands of people from across the globe tracked Nancy Pelosi's plane ahead of its touchdown in Taiwan, making it one of the most tracked flights of all time. 33. How to Increase the Market Cap of Your Car Company The route to success in the automotive industry is a meticulous and ever-evolving process. 34. Elon Musk for Time's Person of the Year is Controversial to Say the Least When was the Last Time We had an Entrepreneur For TIME's POY? 35. Elon Musk Wants to Sell Brain Chips, But No One's Buying Musk might not be a neurosurgeon, but it was only a matter of time before he also entered the world of healthcare. 36. The Noonification: What Is the Future of AI Rights? (1/30/2023) 1/30/2023: Top 5 stories on the Hackernoon homepage! 37. Terra Approaches Tesla in Terms of Bitcoin Reserves Soon Terra can have more Bitcoins than Tesla. Moreover, in long term, it can get more Bitcoins than Microstrategy. 38. The Noonification: The Forgotten Planet (10/5/2022) 10/5/2022: Top 5 stories on the Hackernoon homepage! 39. Electric Vehicles Are Getting Mainstream, Whether You Like It Or Not Move over Tesla. Electric vehicles are becoming extremely, completely normal. Everyone is both disappointed and thrilled, for different reasons. 40. Tesla to Build $5 Billion Gigafactory in Mexico With the Gigafactory agreement inked, Musk stands to benefit from a series of advantages a Mexican factory could provide. 41. Tesla's Environmental Futurism And Impact The mission of Tesla is to “accelerate the world’s transition to sustainable energy.” The company builds electric vehicles designed to be more efficient and faster than traditional automobiles. Tesla envisions a zero-emission future for our fossil fuel-reliant world, yet must continue to advance technologically in order to achieve this aim. 42. Cars With Smartphone Integration Soon Will Be Mainstream In today’s fast-paced world we’re constantly online, whether we’re at home, in the office, or behind the wheel. Connectivity and mobility rule our lives, and smartphones have become an integral part of our daily routine. But while connectivity and mobility bring tons of possibilities, they also bring new problems. One of them is safely managing our communication. 43. Learn About the History of Tesla Jon Erlichman goes over the history of Tesla. 44. Here's How Your Favorite Tech Giants Did Financially This Quarter Tech giants reported their earnings this past week and stories about these results played a role in the latest round of HackerNoon Tech Company rankings. 45. The Multiverse of Madness: Warren Buffett, Elon Musk, Inflation & Bitcoin Warren Buffett vs. Elon Musk - Inflation vs. Bitcoin 46. Et Tu, Muske? Et Tu, Muske? 47. Console #17: Japanese Pizza Toast and Turtles 01/12/2019 48. Tesla Stock Wears A Double Halo (Illustration: Mike Bloom) 49. Right-to-Repair: Facts, Myths, and Possibilities for the Future As my friends discuss some up and coming opportunities in the technology space, something came up this afternoon about a new law that’s been approved by 75% of voters in Massachusetts, called “right-to-repair”. I’ve done some reading and got some interesting thoughts for the near future. 50. Elon Musk's Lessons In Business Scaling In 2006 Tesla was struggling to pull off the first viable version of its car, which would prove at least the first feasibility of the project. And that time, Musk laid out a master plan. 51. Should Telsa Humanoids Be Our Future Nurses? While many older movies set in the future paint the 2020s as a futuristic megalopolis, the reality is that we have yet to transform into a society that sees flying cars and teleportation as normal parts of everyday life. However, new innovations and developments in healthcare, such as ambulatory surgery centers and telehealth, are slowly starting to usher us into a new age in which highly advanced technology is becoming more and more accepted and utilized. 52. Noonie Nominee Nick Oneill on Defining "Cool" for a 5 Year Old Nicholas Oneill from the Netherlands has been nominated in Product Development for his double diamond discovery series on Hacker Noon. 53. What Can Tesla, the Company, Still Learn From Tesla, the Inventor? It is pretty much obvious why Elon Musk named his company - Tesla, isn't it? But, did Elon Musk do his homework research on Nikola Tesla thoroughly? 54. What Customers Want From EV Manufacturers This Slogging thread by Arthur and Richard-kubina occurred in hackernoon's official #slogging-beta channel, and has been edited for readability. 55. 10 Stocks to Consider When Looking to Invest in Connected Cars Space The rollout of 5G is making even more connections possible, and one of the revolutionary  trends in the connected world is connected cars. Vehicles are getting smarter than ever before, and they’ll be using up a lot of data as more and more get connected to the Internet of Things. 56. Tesla's Optimus Humanoid and the Future of Sentient AI On AI Day 2022, Tesla introduced the Optimus prototype, an improvement from the human in a costume a year prior. How close to sentience is the new bot? 57. An Intro to Robotaxi and Tesla’s Foray into Autonomous Taxis Elon Musk promised Tesla robotaxis to be launched in 2020. No Robotaxis are yet to be seen while competitors like Hyundai, Waymo, and Ford make progress. 58. How Q-Reel Want to Revolutionize Electric Vehicle Charging Game-changing technology offers EV consumers safe, effortless and hassle-free at-home electric vehicle charging via first-of-its-kind automation that’s paired with integrated app-based monitoring and control; Tesla, BMW, Nissan, Chevrolet, Ford, Volkswagen, Kia and other EV drivers to benefit from leading-edge solution making home charging safer, easier and more controllable than ever before 59. Natasha Reads The News So You Don't Have To In today's most talked about and not-talked about global news: Minneapolis; Brazil; Trump vs. Twitter; Xpeng vs. China; and two well-intentioned men with machetes and a broom end up in the wrong home Down Under. 60. The Elon-Twitter Love Affair: Is it Steamy Enough for Crypto and Tech? Elon Musk Twitter association is expected to pave the way for the next-gen of social networking, web 3.0 adoption, and other tech-powered developments. 61. Manufacturing Robotization: Drivers and Barriers By 2035, in the leading industrial robotics countries, factory productivity will grow by 40% and gross value added will double. 62. SpaceX Technology May Have The Potential To Revolutionise The Future of Cars As the years have gone by, entrepreneur Elon Musk has undoubtedly become a household name. His broader visions, and not to mention wealth, has helped him to carve out a legendary mark in outer space and the automotive industry alike. 63. Dutch Forensic Team Hacked Tesla's Driving Data to Investigate a Crash Tesla’s data storage system was hacked by a team of Dutch forensic researchers this week to investigate a car crash. 64. Tesla Is Profitable, But Its Total Debt Is Nearly $28 Billion: Can They Recover? The CFO says reducing debt is the priority right now. Tesla's annual revenue tops $30 billion and first annual profit ($720 million), but total debt is $28B. 65. "Virgin Galactic is the next Tesla" - Cal Evans, Noonie Nominee for Learning To Code Learning how to code is one of the most difficult and rewarding tasks you can do. While this journey may be a tough and long one, our 2020 Noonie Nominee Cal Evans from United States can help you out. 66. Machine Learning News Roundup - 6 Essential AI Articles of 2019 67. Free Land Incentives in The Bahamas for Clean Energy Introduction 68. Landing a Job at Tesla Using Facebook Ads Step by step guide how to stand out of the crowd landing a job with Facebook ads 69. Why Hasn't Tesla Entered the Indian Market? The internet has been buzzing since Elon Musk announced that Tesla is coming to India next year. This is big news and not just for the people who are waiting to get their hands on a luxury electric car like Tesla but also for the entire electric vehicles (EV) industry in the country. 70. As Tesla Stock 📉, Musk needed to personally pay $33.5 Billion (previously $21 Billion) for Twitter Twitter v. Elon Musk Court Filing, July 12, 2022 is part of HackerNoon's Legal PDF series. Part 15 of 31: FACTUAL ALLEGATIONS -The financing structure 71. Why The Real Estate Industry Should be More Like Tesla & Less Like Volkswagen As of August 4th, 2020, Tesla shows a market cap of $280B. Volkswagen AG is worth $77B. Why is that? And what can we apply to real estate from these examples? 72. Car Safety Technology Is A Must-Have To Save Pedestrians' Lives When we talk about pedestrian traffic, safety must be the top concern. But sadly, transportation infrastructure worldwide pays more attention to the vehicle's safety, not people. 73. Tesla AI Day: How Does Tesla's Autopilot Work An overview of Andrej Karpathy's talk at Tesla AI Day on how Tesla's autopilot works in 10 minutes. 74. Did You Say $500,000 For A Virtual Plot Of Land? Amy Tom, Limarc Ambalina, and Natasha Nel are wrapping their head's around the fact that a plot of land on the Decentraland platform sold for $572k. Thank you for checking out the 74 most read stories about Tesla on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

74 Stories To Learn About Tesla

Elon Musk and Google’s Larry Page shook hands over a $6 billion deal as they hoped to save Tesla. But a miracle happened elsewhere. Today, Tesla has over $820.25 billion in market cap ( ) with over 1.91 million vehicles produced. it once peaked at $1.23 trillion in 2021 Tesla’s success story has always been attributed to Musk’s money, marketing savvy, chicanery, engineering smarts, and indomitable spirit. While this is true, its unchanging principles brought its success. How did a company on the brink of falling apart become so successful? Sticking to the Plan ; Elon Musk clearly stated the company’s mission in a 2013 company post Elon wrote: “Our goal when we created Tesla a decade ago was the same as it is today: to accelerate the advent of sustainable transport by bringing compelling mass-market electric cars to market as soon as possible.” But years before his 2013 post, the company almost compromised. Since 2007, the US Government has been willing to invest in clean energy rather than fossil fuel. Climate change and reducing the country’s dependence on oil were the reasons for this loan. O’Connell drafted an application for a Department of Energy stimulus package on Tesla’s behalf. They secured $465 million. But things could have been different. In 2008, Tesla almost went hybrid. After Fisker launched his Fisker Karma, Tesla contemplated doing hybrid cars but was put off when they ran cost and performance metrics. In Straubel's words, he said, “It would be expensive, and the performance would not be as good as the all-electric car.” “We would have been betting against everything we believe in, like the power electronics and batteries improving. We decided to put all the effort into going where we think the endpoint is and never to look back.” Tesla needed a massive investment in 2010, and securing the loan was a turning point. Things could have been different if they had gone hybrid two years before. The simple decision to stick to its business plan with no compromise preserved it. Team Musk is a great leader, but greater is he at selecting the right team. He combines a team of engineers and sales so well. His team works tirelessly, trying to beat his unrealistic deadlines for a seemingly impossible vehicle. Amidst the mockery and scorn, they held their belief. Faced with the history of the electric cars' failures, they were eager to create a story. Tesla would hire smart people who could outwork and outthink every obstacle. Like Steve Jobs to John Scully, Musk sold von Holzhausen on the idea that he had a chance to shape the future of the automobile, and that it made sense to leave his cushy job at a giant, proven automaker for this once-in-a-lifetime opportunity. He brought the best team together and gave them a vision. Today, we’re all living in the vision. It’s Musk's world, and we’re all living in it. Power Of Innovation and Model S . But not just that, it changed how cars were made, sold, and used. Tesla was innovating the automotive industry with its electric cars You could now save a hefty gas fee by charging in its Superchargers stations for free or get a new battery instantly at the price of gasoline. Tesla sold its cars in its stores, which helps direct sales, faster product development, and improve customer buying experience. The goal was not just to build an electric car but a car with electrifying beauty. Like Steve Jobs, Musk combines functionality and aesthetics expertly. Model S came with a Touch screen display never seen before in any car. The touch screen, the size of a laptop screen, was before Apple launched its iPad. It has an overnight software upgrade. It could have added features with time, and its engineers could access and repair any malfunction without physical contact. Regenerative braking was another feature. The brake reverses the motor, which slows down the vehicle rather than the traditional, which slows down the tire rotation. It had an aluminum body which made it a lightweight car. But after producing the stunning Model S from loans, shares, and investments. Tesla faced a major problem. It was selling its cars. Sales stopped for the cash-strapped company and its survival; it had to be sold. Musk had shaken hands with Page, but a miracle happened suddenly. Its salesmen delivered 4,900 Model S sedans during the period, which brought them a profit of $11 million and $562 million in sales. Tesla’s shares soared from about $30 to $130 a few weeks later. The Model S maker paid off its $465 million loan from the government early and with interest. Tesla now had vast cash reserves at its disposal. Tesla stocks and value were rising, and cars were selling. The Google deal was no longer necessary, and Tesla had become too expensive. The talks with Google ended. Bottom Line Owning a Tesla comes with pride. It’s class. It’s an Apple in a garage. Maintaining its core principle with constant innovations and the right team, due to this, it's impossible to see Tesla collapse despite stiff competition. , Tesla’s market capitalization may well reach a mind-boggling $4 trillion in the coming years, as he predicts that global electric-vehicle penetration will hit 60% by 2030. According to Tesla investor Gary Black

3 Reasons Why Tesla Is Successful And It’s Not Elon Musk

Tesla is here to stay and keep fighting for the electric car revolution —Elon Musk. Nikola Tesla doesn’t own Tesla. The 19th-century inventor discovered the properties of rotating electromagnetic fields, and there was no better way to pay homage to the pioneer than by naming the company after him. Elon Musk is not the founder but a Co-founder. But does being a co-founder not make you the founder? Let’s roll back the years of Tesla’s beginning. Tesla’s Beginning Martin Eberhard and Marc Tarpenning met at Wyse Technology a few years before they found on July 1, 2003, at 845 Oak Grove Avenue in Menlo Park. Tesla Their inspiration came from General Motors' aborted car line EV1 which ran between 1996-1999, and AC propulsion all-electric cars. Ian Wright joined the same year. As they sought investment for their new company, they were recommended to Elon Musk, who readily invested $6.5 million of the total $7.5 million received in February 2004. Elon became the largest shareholder and chairman of the company. Harold Rosen took J.B. Straubel to Elon Musk to help pitch his all-electric plane. Musk didn’t show interest, so Straubel grabbed the opportunity to pitch how all-electric cars could work with lithium-ion battery technology. Musk got shocked by this discovery because he had always thought ultracapacitors were the only way to go electric. Musk encouraged Straubel to join . He joined in May 2004. Tesla These five became the company’s Co-founders. Musk spearheaded Tesla’s second round of investment and secured $13 million in 2005. And the third round of investment was in May 2006. He raked in $40 million by encouraging his friends, Google Co-founders Larry Page, and Sergey Brin, to invest. Jeff Skoll, former president of , was among its investors. eBay In 2006, the Roadster prototype was launched. The company’s first product that’s capable of incurring profits. Before now, investors money powered the company. Power, Money, And Survival A leadership tussle struck Tesla before Roadster’s launch. The board asked Eberhard to step down as CEO in 2007. He then took the title of President of Technology and remained on the advisory board but left in 2008. Tarpenning, unsatisfied with the situation, left a month after. Michael Marks became CEO temporarily in August 2007 after Eberhard stepped down, then Ze’ev Dvori took over permanently in December 2007. He’s recognized for the successful launch of Roadster, selling over 2,500 Roadsters at $109,000- $200,000. Musk became CEO in October 2008 and laid off 20% of its workers due to the financial crisis. The crisis ate so deep that Tesla was on the verge of bankruptcy till Daimler AG bought 10% of its stake for $50 million in May 2009, and the US Department of Energy gave a $465 million loan by June 2009. On June 29, 2010, because it needed as much capital as possible. Tesla entered the US Stock and raised $226 million, $17 per share, in its IPO The company survived this financial crisis. The Lightyears In 2012, Roadsters production stopped, and the focus was on producing Model S. to begin Model S production. Tesla bought a 5.3-million-square-foot plant from Toyota for $42 million The Roadster had three versions in 2007, 2011, and 2013 but the Model S luxury sedan came with a different structure. Model S had its battery pack underneath, which created more space at the rear compared to Roadster. This structure improved its handling due to its low center of gravity. The 2012 car is aimed at entering the mainstream consumer market, unlike the Roadster which is seen as the billionaire's play toy. The model received several automotive and environmental awards, , which also named it “the best car ever tested.” a near-perfect score of 99 out of 100 from Consumer Reports Superchargers station, its first freestanding charging station, was introduced on September 24, 2012, with six stations opened in California. Today, it operates more than 45,000 supercharger stations at over 5,000 sites worldwide, including 1,966 in North America, 985 in Europe, and 2,069 in the Asia/Pacific region. From 2014, autopilot drive was available in Model S and subsequent products. released the Model X, a vehicle built on a car chassis but with features of a sport-utility vehicle in 2015. The crossover vehicle has a maximum battery range of about 340 miles (547 km) and seats up to seven. Tesla In April 2015, Tesla entered the energy storage market, unveiling its Tesla Powerwall and battery packs. The company received orders valued at $800 million within a week of the unveiling. Tesla bought Solar City in August 2016 for $2.6 million and entered the photovoltaics market. From this moment, they could directly make their equipment. The Roadster maker launched the Model 3 as an affordable sedan for the mass consumer market in 2016. Tesla aimed to own a product line of Model S, E, X.  Originally named Model E, Model 3 became its official name because another company threatened to sue them over rights. . Model 3 became an all-time bestselling plug-in electric car worldwide and the first to sell 1 million units globally in June 2021. Musk, excited by the sales prospect of the car, announced that the second half would deliver 200,000 vehicles in 2017 Tesla opened its first Gigafactory in 2016 outside Reno, Nevada. Gigafactories are where Tesla produces its batteries and vehicles. It built these large factories in Buffalo, New York, and Shanghai, China, and more Gigafactories were planned. Tesla batteries can last 300,000 to 500,000 miles, with major companies now using them for their projects. Grohmann Automation was acquired for 109.5 million in January 2017. Tesla also acquired companies such as Riviera Tool, Perbix, Compass Automation, Hibar Systems, and German ATW Automation for their automation expertise, along with Maxwell Technologies and SilLion for battery technology. In 2017, because they’re no longer just a car company; they’re a provider of energy solutions across many sectors. They deal with electric vehicles, battery energy storage systems, and solar power generation. Tesla Motors changed to Tesla Conflict and Lawsuits Tesla has faced over 1000 lawsuits. Eberhard’s got a fight in him. He sued Tesla for forcing him out of the company, including libel and slander, in June 2009. . The company blamed supply chains. It soon became the bestselling electric car. Musk's failed prediction of Model 3 delivery cost them 5%, that’s over $2 billion in 2017 as investors began to dump their stocks Further problems came for Tesla in August 2018 when Musk tweeted that he was planning to take the company private at $420 and that he’s secured funds for that. Investors began to trade their stock before the privatization buyback occurred. The stock price went up by 10%. And SEC fined the company and Musk for misleading information and ruled that Musk's tweets must now pass through the company’s attorney. The company removed Musk as Director of the Board, and Robyn Denholm took over, but Elon remained Tesla’s CEO. Cost of Tesla and Vision 2020 Tesla released another crossover, the Model Y, in 2020. The Model Y was smaller and less expensive than the Model X and shared many of the same parts as the Model 3. Tesla Semi Truck came into the market in 2022. PepsiCo, Disney, Mecca, and Sons are among its customers. The electric trucks can go 0-60 mph in five seconds without cargo and in 20 seconds while carrying 80,000 pounds of cargo. It has an innovative cabin design with impact-resistant glass. And can travel 400 miles on a 30-minute charge. Tesla Cybertruck is an upcoming all-electric pickup soon to be released in 2023. The under $40,000 exoskeleton design truck will come in three variations, with battery ranges of 250, 350, and 500 miles. The truck's speed is 0 to 60 mph in 2.9 seconds. Tesla plans to release a new version of its classic Roadster model, offering a 0-60mph time of 1.9 sec with 737 lb-ft of torque. Cost Of Tesla’s Vehicles $88,490, Plaid $108,490. Model S Model 3 $53,240, LR $47,240 Wheel Drive $40,240 Model X $98,490, Plaid $108,490 Model Y LR $50,490, Performance $54,490, All Wheel Drive $47,740 Tesla’s Annual Revenue Since 2008 2008    $15 million 2009    $112 million 2010    $117 million 2011    $204 million 2012    $413 million 2013    $2.01 billion 2014    $3.2 billion 2015    $4.05 billion 2016    $7 billion 2017    $11.76 billion 2018    $21.46 billion 2019    $24.58 billion 2020    $31.54 billion 2021    $53,823 billion 2022    $81.46 billion Bottom Line The number one electric vehicle company now faces competition from BYD, General Motors, Ford, and Mercedes-Benz as the shift to greener vehicles continues. Tesla has changed how cars are made yet has not slowed down on its innovations. The company’s market cap, which once hit the trillion dollar mark, will be back there in a few months as we’re sure of an eventful 2023.

How Tesla Emerged And Disrupted The Automotive Industry

This is by (source: ). Erlichman is an anchor for BNN Bloomberg. Twitter thread Jon Erlichman @JonErlichman 01-22-2023 https://twitter.com/jonerlichman/status/1617219432509591555?s=46&t=FuXELak2xwEA5g887wTPlw&embedable=true&thread=true Feature image generated via prompt of ‘A car on top of a history book’ HackerNoon Stable Diffusion

Learn About the History of Tesla

After days of speculation and debate, CEO Elon Musk revealed that his electric car company will build a manufacturing plant in the state of Nuevo León, in northern Mexico. Tesla During the company’s 2023 Investors Day on Wednesday, Musk said he was “excited to announce that we’re going to be building a new Gigafactory in Mexico.” According to Mexican President Andrés Manuel López Obrador, the project entails an investment of USD $5 billion. The Gigafactory will be based in Santa Catarina, a city of around 300,000 people that’s about a seven-hour drive from Tesla’s Austin, Texas, headquarters. It will join the ranks of other plants in the United States, Germany, and China. Reportedly the Gigafactory will up to 1,000 cars per year and create 6,000 jobs in the region. produce Initially conceived as a massive battery production facility, capable of producing up to billions of watt-hours per year in batteries, Gigafactories are now a staple of Tesla’s production line worldwide, producing battery packs, solar panels, and different car models. While Musk did not provide further detail as to when construction will begin on the latest Gigafactory, or what exactly will be produced there, Tesla did announce on Twitter that their new “next-gen vehicle” would be assembled at the Mexican plant. The announcement comes weeks after López Obrador issued a presidential decree that nationalized 234,855 hectares rich in lithium in the northwestern Sonoran desert. Lithium is an important mineral for battery production, and a 2021 revealed that Tesla consumes more lithium than its four closest competitors combined. report Concerns over the factory’s impact on drought-stricken Nuevo Leon Initially, López Obrador had refused to allow Tesla to open its manufacturing plant in Monterrey over concerns of the intense droughts afflicting the city. (Santa Catarina is a suburb of Monterrey, the capital of Nuevo Leon). “Things are going well. We spoke yesterday with Mr. Elon Musk, the director of Tesla. There is already an understanding; they are going to dedicate the investment to Mexico, and the plant will be established in Monterrey with a series of commitments to address the problem of water scarcity,” the president at a press conference. said In 2022, northern Mexico experienced extreme water shortages, and Nuevo Leon a state of emergency last February due to lack of water. Declining rainfall is a major factor, but locals also blame shortages on , such as beverage plants, that are sucking aquifers dry. issued heavy industries https://twitter.com/Tesla/status/1631087437723172868?s=20&embedable=true Leading up to the announcement, the Mexican president seemed to have favored the central state of Hidalgo for the site of Tesla’s new plant, which is close to one of his signature infrastructure projects, the new Felipe Angeles International Airport. While the two sides came to an agreement on the Gigafactory in Nuevo Leon, on Friday that the company had scouted locations for a potential battery factory in the central states of Hidalgo, Queretaro and Puebla. Reuters reported With the Gigafactory agreement inked, Musk stands to benefit from a series of advantages a Mexican factory could provide. Nearshoring and Mexican lithium Constructing the Tesla plant in Santa Catarina, which sits about 900 miles from the lithium-rich Sonoran desert, could facilitate access to the mineral reserves, which the Mexican government has placed at the center of their renewable energy industry strategy. Mexico has announced a plan to build multiple solar energy farms in Sonora as well as develop its lithium reserves for battery production, including in electric vehicles. The move could make Mexico to produce electric vehicle batteries on a commercial scale. the first Latin American country “I clarified to [Musk] that lithium has already been nationalized, but we can still reach an agreement,” the president said on Wednesday. “Lithium belongs to the Mexicans, but if the raw material is purchased and put in the battery plants in Sonora, and if Sonorans and Mexicans are given jobs, then an agreement can be reached.” Currently, the largest lithium producers in the world are Australia, Chile, and China. In 2021, Tesla with China’s Ganfeng Lithium to supply the electric automaker. signed a three-year deal However, the country has been diversifying its suppliers in what some analysts say is an on China. effort to reduce its dependence https://twitter.com/samuel_garcias/status/1631110036440186880?embedable=true By focusing on nearshoring its manufacturing operations in Mexico, and so close to vast lithium reserves, Tesla could centralize its operations closer to its Texas headquarters. Mexico is also well known for its automotive manufacturing sector. According to its National Auto Parts Industry (Industria Nacional de Autopartes), Mexico is Latin America’s manufacturer and exporter of vehicles and auto parts. leading The industry has established a vast infrastructure to export vehicles and auto parts to the U.S., and thanks to the trilateral North American commercial agreement (USMCA), vehicles containing at least 75% of locally manufactured components are from paying the 25% tariffs usually charged to cars imported into the U.S. from other countries. exempted This article was originally published by Jorge Antonio Rocha on The Sociable.

Tesla to Build $5 Billion Gigafactory in Mexico

Tesla construirá una gigafábrica de 5.000 millones de dólares en México

Tesla va construire une Gigafactory de 5 milliards de dollars au Mexique

मेक्सिको में 5 अरब डॉलर की गीगाफैक्टरी बनाएगी टेस्ला

テスラ、メキシコに 50 億ドルのギガファクトリーを建設

Tesla construirá Gigafábrica de US$ 5 bilhões no México

Tesla xây dựng Gigafactory trị giá 5 tỷ đô la ở Mexico

特斯拉将在墨西哥建造价值 50 亿美元的超级工厂

In a major move to simultaneously capitalize on tax credits for both itself and the consumer while also inadvertently improving customer adoption, announced it has plans to expand its manufacturing operations onshore in the U.S. for the upcoming year. Tesla This particular action provides a lot of context to and looks to serve as a key element in its business strategy for the upcoming year. Tesla’s recent decision to spend $3.6b more on battery and truck manufacturing in Nevada Tesla has been in the battery manufacturing business for years now, building lithium-ion batteries and components for its electric vehicles at their Gigafactory in Nevada with the help of longtime partner . Panasonic Following an investor question related to advanced manufacturing production credits and their prospective earnings, CEO and Product Architect Elon Musk stated on the company’s Q4 2022 earnings call that he expects the financial kickback brought by “these credits to be very significant” for Tesla in the long term. The company looks to leverage major tax credits offered under the Inflation Reduction Act (IRA), which provides tax incentives to manufacturers investing in clean energy. Based on by Halter Ferguson Financial, “Tesla stands to gain $350 million per year from work it is already doing at Giga Nevada,” thanks to the $10/kWh in credits the company gets for their current level of battery production. findings As noted by Musk during the call, these credits are contingent on domestic manufacturing, however, since Tesla holds a manufacturing partnership with Panasonic, the companies must split the value of the credits. Thus, the expansion of in-house cell production operations across the United States becomes a logical conclusion for Tesla as it looks ahead. And while the Tesla CEO does not expect the value of these credits to be particularly remarkable this year, at least for now, he expresses confidence in their long-term worth for the company, stating they “probably will be very significant in the future.” Chief Financial Officer Zach Kirkhorn had a lot to say about the state of the company’s in-house battery operations, touting impressive production rates and plans to increase the overall capacity of their batteries over the next year. Kirkhorn also further explored the company's plans to expand domestic manufacturing operations and overall strategy to earn, as well as keep, new customers. “Part of the work we're doing here, which is part of what this incentive package is trying to incentivize, is, as Elon mentioned, to move more manufacturing onshore in the United States, which is Tesla's plans anyways. I think we're pretty well positioned over the coming years to take advantage of this. But then also part of what the goal of this incentive package is, is to improve adoption from our customers.” Even in the midst of a significant economic downturn, Musk believes Tesla had a successful 2022, reporting record-high vehicle sales and profits to match. “It was a fantastic year for Tesla. It was our best year ever on every level.” In the past year, Tesla pushed over 1.3 million cars out the door, coming out on top with $12.5 billion in net income and another $7.5 billion in free cash flow – all while attaining a “17% operating margin, the highest among any volume carmaker.” With a refined focus on furthering the company’s growth in the energy business through domestic expansion, Tesla’s response to a steadily-shifting economical landscape is to take full advantage of advanced manufacturing production credits in order to set itself up to be one the biggest names in clean energy manufacturing for years to come.

Tesla Plans to Expand Onshore Manufacturing to Capitalize on IRA Energy Tax Credits

টেসলা আইআরএ এনার্জি ট্যাক্স ক্রেডিটগুলিতে মূলধনের জন্য অনশোর উত্পাদন প্রসারিত করার পরিকল্পনা করেছে

Tesla plant, die Onshore-Fertigung auszuweiten, um von den Energiesteuergutschriften der IRA zu profitieren

Tesla planea expandir la fabricación en tierra para capitalizar los créditos fiscales de energía de IRA

Tesla prévoit d'étendre la fabrication à terre pour tirer parti des crédits d'impôt sur l'énergie de l'IRA

टेस्ला ने IRA एनर्जी टैक्स क्रेडिट को भुनाने के लिए ऑनशोर मैन्युफैक्चरिंग का विस्तार करने की योजना बनाई है

テスラは IRA のエネルギー税額控除を活用するためにオンショア製造を拡大する計画

Tesla는 IRA 에너지 세금 공제를 활용하기 위해 국내 제조를 확장할 계획입니다.

Tesla planeja expandir a fabricação onshore para capitalizar os créditos fiscais de energia do IRA

Tesla, IRA Enerji Vergisi Kredilerinden Yararlanmak İçin Karadaki Üretimi Genişletmeyi Planlıyor

Tesla có kế hoạch mở rộng sản xuất trên bờ để tận dụng các khoản tín dụng thuế năng lượng của IRA

特斯拉计划扩大陆上制造以利用 IRA 能源税收抵免

Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of . You can jump to any part in this filing . This is part 15 of 31. HackerNoon’s Legal PDF Series here Feature Image: HackerNoon’s Stable Diffusion AI, Prompt of ‘stock declines as ceo scrolls social media’ FACTUAL ALLEGATIONS V. The market turns 60. The risk of market decline, which was Musk’s alone to bear under the merger agreement, materialized. Soon after signing, the U.S. capital markets took a turn for the worse. Within a week after April 25, 2022, the date the merger agreement was executed, Musk elected to sell 9.8 million Tesla shares to finance the merger at prices as low as $822.68 per share, substantially below their preTwitter-signing price of $1,005 per share. He then promptly Tweeted, “No further TSLA sales planned after today.” But the Tesla stock price kept dropping, putting Musk at risk of needing to pledge yet more Tesla shares to consummate his proposed margin loan and to sell still more to fund his equity commitment. 61. On May 4, 2022, Parent and Musk, faced with needing to pledge more Tesla shares to satisfy the condition that the margin loan not exceed 20% of the value of the pledged stock, decreased the amount of that loan. On May 24, without notifying Twitter, they dispensed with the loan entirely and agreed in a new equity commitment letter to increase Musk’s equity commitment to $33.5 billion. That letter, which remains operative, gives Twitter third-party beneficiary rights to enforce directly against Musk his equity commitment in accordance with its terms and the terms of the merger agreement. 62. Musk remains personally responsible for $33.5 billion of the approximately $44 billion required to complete the transaction. Continue reading here

As Tesla Stock 📉, Musk needed to personally pay $33.5 Billion (previously $21 Billion) for Twitter

Como Tesla Stock 📉, Musk tuvo que pagar personalmente $33,500 millones (anteriormente $21,000 millones) por Twitter

En tant que Tesla Stock 📉, Musk devait payer personnellement 33,5 milliards de dollars (auparavant 21 milliards de dollars) pour Twitter

टेस्ला स्टॉक 📉 के रूप में, मस्क को ट्विटर के लिए व्यक्तिगत रूप से $33.5 बिलियन (पहले $21 बिलियन) का भुगतान करने की आवश्यकता थी

テスラ株 📉 として、マスクは個人的に 335 億ドル (以前は 210 億ドル) を Twitter に支払う必要がありました。

Como Tesla Stock 📉, Musk precisou pagar pessoalmente US$ 33,5 bilhões (anteriormente US$ 21 bilhões) pelo Twitter

Với tư cách là Cổ phiếu Tesla 📉, Musk phải trả 33,5 tỷ đô la (trước đây là 21 tỷ đô la) cho Twitter

作为特斯拉股票📉，马斯克需要为 Twitter 个人支付 335 亿美元（此前为 210 亿美元）

Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of . You can jump to any part in this filing . This is part 14 of 31. HackerNoon’s Legal PDF Series here Feature Image: HackerNoon’s Midjourney AI, Prompt “richest man or most indebted man” FACTUAL ALLEGATIONS IV. The financing structure 55. At the time of signing, the financing for the transaction had three components: loans to the post-closing Twitter, a personal loan on margin to Musk (against his Tesla stock), and an equity commitment from Musk himself. 56. The loans to Twitter, of up to $13 billion in the aggregate, are promised by Morgan Stanley Senior Funding, Inc. and other lenders in a debt commitment letter dated April 25, 2022. The committed financing comprises a $6.5 billion term loan, a $500 million revolving credit facility, and $6 billion of bridge financing. Although the debt commitment letter requires Musk to assist the lenders in marketing the debt, his failure to do so does not release the lenders from their obligation to fund and the financing is not conditioned on the lenders’ ability to market the debt. The lenders’ obligation is subject only to the closing of the merger itself and certain other conditions the satisfaction of which lies in defendants’ control. 57. The margin loan of $12.5 billion to Musk personally was promised by Morgan Stanley Senior Funding, Inc. and other lenders in a margin loan commitment letter also dated April 25, 2022. The loan was to be secured by $62.5 billion worth of Musk’s Tesla stock — about 62 million shares at the time of signing. 58. Under an equity commitment letter dated April 20, 2022, Musk also personally agreed to contribute to or otherwise provide to Parent $21 billion of equity capital to be used to fund the purchase price. Because much of his net worth is tied up in Tesla shares, Musk would need to sell — indeed, has already sold — millions of those shares to fund his equity commitment. 59. The structure of Musk’s financing meant that the merger could become significantly more expensive for him if Tesla’s stock price were to decline (and significantly less expensive if Tesla’s stock price were to rise). For the equity component, the lower Tesla’s stock price was, the more shares of Tesla Musk would need to sell to provide the cash he committed. For the margin loans, a substantial decline in Tesla’s stock price would require Musk to pledge more shares or cash as collateral to the financing sources. Continue reading here

Musk Took on a $12.5 Billion Personal Loan Secured by His $62.5 Billion Worth of Tesla Stock

Musk tomó un préstamo personal de $ 12.5 mil millones garantizado por su valor de $ 62.5 mil millones en acciones de Tesla

Musk a contracté un prêt personnel de 12,5 milliards de dollars garanti par ses 62,5 milliards de dollars d'actions Tesla

मस्क ने अपने $62.5 बिलियन मूल्य के टेस्ला स्टॉक से सुरक्षित $12.5 बिलियन का पर्सनल लोन लिया

Musk は 625 億ドル相当のテスラ株を担保に 125 億ドルの個人ローンを組んだ

Musk fez um empréstimo pessoal de US$ 12,5 bilhões garantido por seu valor de US$ 62,5 bilhões em ações da Tesla

Musk đã nhận khoản vay cá nhân trị giá 12,5 tỷ đô la được đảm bảo bằng số cổ phiếu Tesla trị giá 62,5 tỷ đô la của ông

马斯克以其价值 625 亿美元的特斯拉股票作为抵押，获得了 125 亿美元的个人贷款

You probably heard about the around ’s AI, . In a nutshell, one of the members of Google's ethical team claimed that this chatbot is conscious, and it has basic human rights. But is LaMDA really conscious? scandal Google LaMDA As the famous , LaMDA is also based on architecture. A transformer is basically a statistical model that is able to make word predictions based on the huge amount of data that is fed into it. So, as said: GPT-3 transformer Gary Marcus GPT is autocomplete on steroids but it gives the illusion that it's more than that. But this is only one side of the coin. The other side of it is that many scientists think that consciousness is an illusion. Our actions are basically unconscious, and the conscious experience is only the story of our brain about what happened. So, “Is LaMDA conscious?” is a very exciting question, but there is a more exciting one: Are we conscious? LaMDA doesn’t have any sensory input. It is blind and deaf. It cannot taste, touch or smell anything. Does a baby, who is born with all of these defects, have any chance to be an intelligent being? Will he or she be conscious? For me, “water” is blue, “water” is cold, “water” is the taste of water, and the touch of water. For LaMDA “water” is only a symbol without any meaning. It cannot really “understand” water without these sensory inputs, and because of this, I think it cannot be really conscious. But what if LaMDA gets a body? LaMDA is a large language model. Is this kind of model able to control a whole body? The question is already answered by DeepMind. is the name of the Generalist Agent of DeepMind that builds upon the same transformer architecture as LaMDA. This generalist agent can chat with you, caption images, or control robotic arms with the same neural-network architecture and weights. So, if your model is large enough, it will be able to control a robot that not only chats, but moves and act like a human. Gato These large language models are trained with a huge amount of text that can be easily crawled from the Internet, but how can we train a robot? My first idea is films and video content from social networks and the Internet. We have a huge amount of 2D data that can be converted to 3D by using . So watching movies could be a good source for a robot to learn how to act like a human. Obviously, I hope it will skip watching the Terminator, and movies like it… NeRF My second idea is the metaverse. The metaverse can be the largest source of big data about real human interactions. It is real 3D, and the robot can experience everything from the users' point of view. The third and best source would be AR devices. Glasses that we wear all day and that record everything while it projects a second layer to the real world would be the best source of big data for robot training. And there is a very exciting opportunity. What if we train a robot with a specific person's experiences that are collected by his smart glasses? If we have enough data, the robot will act like him, and after the death of the person, the robot can live with us. It is a form of digital immortality. Training these models needs huge computing capacity and room-sized GPU clusters, so training locally is not possible. But it’s not needed. The basic network can be trained on these large clusters and only a small part of the neural network will be trained by the customer. This is very similar to how nature works. Our brains are pre-wired by evolution. As Karpathy told in an interview, when a zebra is born, it can run immediately. Running is not learned it’s pre-wired in the brain. In the same way, our robots will be pre-wired, and only a small neural network on the top of the pre-wired part will be trainable, that can be trained locally. The Final Question Will these robots be conscious? I don’t think so, but they will act like humans, and they will do it better and better. Becoming conscious will be a long process. When it will happen, robots will be a standard part of our life, and we might not even realize when they became conscious, because it’s hard to distinguish real and fake consciousness. If “real” consciousness really exists (whatever that means)... You can love or hate Elon and his companies, but I think human robots like Optimus are a necessary next step to achieve real human-level AGI.

Why Tesla’s Optimus Is a Big Step on the Way to AGI

At the 2021 AI Day last August, Tesla CEO Elon Musk revealed that the company was currently developing an advanced AI humanoid robot. Because the company did not have a prototype ready for the event, it chose to present a human dancer wearing a Tesla Bot costume on stage. A year later, on September 30, Tesla , an engineer-recruiting event in California. This time, Musk and other Tesla employees were ready to introduce the Tesla Bot, also known as Optimus, to the crowd. It's considered a rough development robot, as it only walked around by itself for the first time on stage and waved to the audience. held its 2022 AI Day Musk has an ambitious goal to create self-sufficient Tesla Bots, which could be used to help humans accomplish tasks or even assist human workers in Tesla auto factories. Is it possible to create an autonomous, humanoid and sentient AI-powered robot? Is Modern AI Sentient? The concept of AI-based, humanistic robots is nothing new. Take various science fiction movies, for example. I, Robot, Bicentennial Man, Ex Machina and The Terminator are some well-known films that highlight the power of artificial intelligence (AI), the future of robots in modern society and what problems may arise if robots become more human-like. More recently, Google's Language Model for Dialogue Applications (LaMDA) program to engineer Blake Lemoine and one of his colleagues. sent multiple eerie messages For example, the program acknowledges its existence and claims it has experienced moments of happiness and sadness. It's also quoted saying, "I want everyone to understand, I am, in fact, a person," and, "I've never said this out loud before, but there's a very deep fear of being turned off." Until this point, experts have yet to come up with a concrete way to determine if something is conscious. On the other hand, Sentience is used to describe something that has , which requires a certain level of awareness and cognitive ability. the capacity to have feelings It's well-understood that AI can solve problems that usually require human intelligence, but this is because AI replicates human intelligence. In other words, AI does not yet have human intelligence — artificial neural networks loosely mimic the human brain. Tesla's Optimus: Is it Sentient? It's fair to say that the LaMDA program was a bit deceptive. According to Sam Bowman, AI researcher and associate professor at New York University, engineers build AI models to replicate human speech, which means the machine will because a human typically would. Bowman suggests that devices that self-report sentience cannot be trusted. only claim to be sentient As for Tesla's new humanoid robot, more work must be done. The company must equip Optimus with actuators and special batteries, which are still under development. Musk suggests that the bot could have a wide range of applications when asked about what the robot will do in the future. For example, it can help with gardening and cooking or might even . be used as a sex partner However, Musk mentioned that Optimus would undoubtedly be a revolutionary invention capable of changing the world. Hyperautomation and AI have already transformed several industries. Considering how ($3.6 trillion) is spent on these advanced technologies. 20% of the GDP It would bring "fundamental change" to society and might , taking over repetitive, mundane human tasks and navigating the real world. He claims the production of the robots will begin next year and hopes that customers will be able to purchase them for under $20,000 in the next three to five years. even help end poverty What's Next for Sentient AI? In 2021, Musk (EVs) as "semi-sentient robots on wheels." However, it's well-known that advanced EVs require constant monitoring from the driver. It's unclear if the newly introduced Optimus will become semi-sentient or fully sentient in the future. described Tesla's electric vehicles It's important to remember that Musk often has ambitious goals. He sometimes has offered inaccurate timelines regarding the company's product developments. It is quite possible that AI-powered sentient humanoid robots could become a reality, but not for at least another decade or two.

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