'Optimus', the Tesla humanoid robot is being designed as a general-purpose bot, which is capable of performing tasks that are "unsafe, repetitive or boring"
The development comes less than two months after the company recalled nearly all its vehicles in the United States to install new safeguards in its Autopilot advanced driver-assistance system
Thanks to the popularity of OpenAI's chatbot ChatGPT, the AI industry has been a rare bright spot in a subdued start-up funding environment
"The Tesla headlines have essentially gone from bad to worse," said TD Cowen analysts, noting that the fourth-quarter revenue and profit were also below expectations
Those models, including an entry-level $25,000 car, would allow it to compete with cheaper gasoline-powered cars and a growing number of inexpensive EVs, such as those made by China's BYD
Falling prices of battery materials are expected to let Tesla show a slight rise in profit margin from the previous quarter
Barely hours away from the grand inauguration of the Ram Mandir in Ayodhya, enthusiastic devotees here have arranged an awe-inspiring and innovative Tesla car light show dedicated to Lord Ram. Over 100 Tesla car owners, calling themselves Ramji ki Gilahariyan of Greater Houston, gathered at Shri Guruvayurappan Krishna Temple for the light show on Friday evening, attracting hundreds of Ram Bhakts and passersby in the neighbourhood. The cars had a giant-sized Ram Rath in the backdrop, with a life-size temple oil painting, and loud music of Jai Sri Ram giving the place a divine look and feel of being at the temple. Tesla Car drivers use a key feature wherein the headlights can be programmed to off and on at the same time. Soon after the beautiful light show, they assembled at the temple for aarti, joined by other bhakts who sang resounding bhajans dedicated to Lord Rama and Krishna and distributed Prasad amongst the devotees. According to the organisers of the Tesla Light Show, ...
"We have designed the robot to be safe next to humans. Working with BMW on automation in a manufacturing facility is a huge validator for us in the space," Adcock said
India's domestic automakers are concerned about the possibility of Tesla entering the market - and government plans to give incentives to Tesla and other global carmakers
At Tesla's inaugural AI Day in 2021, Musk said he wanted to show that the company is more than just an electric car maker, but is "arguably the leader in real-world AI."
He has long touted Tesla's partially automated "Full Self-Driving" software and its prototype humanoid robots but the electric-vehicle maker generates most of its revenue from its automotive business
The hit to Tesla's market capitalization to start the year is the biggest the company has seen over a similar period since it went public in 2010
Factory workers at Tesla have been told to expect pay raises this year, a move that comes as the United Auto Workers union tries to organize the electric vehicle maker's U.S. plants. The UAW said Thursday that Tesla workers have told the union about company statements on the raises, which did not give details about the size of the increases. After winning strong contracts with Detroit's three automakers last year, the union has embarked on an effort to organize all nonunion auto plants in the U.S., including Tesla's assembly and battery factories in Texas, California and Nevada. The Tesla raises come after nearly all companies with nonunion auto plants announced worker pay increases shortly after the UAW contracts were ratified. The UAW said its organizing drive will target more than a dozen U.S. plants run by Toyota, Honda, Hyundai, Nissan, Subaru, Mazda, Volkswagen, Mercedes, BMW and Volvo. Tesla also is on the list, along with EV startups Rivian and Lucid. UAW President Shawn F
India must approach its industrial policy with a lighter and practical, reform-oriented touch instead of trying to deal with individual companies like Apple or Tesla
Amid speculation that Elon Musk will visit Gujarat, a senior government official on Wednesday said the billionaire-founder of Tesla is not coming for the ongoing Vibrant Gujarat Global Summit, but they are welcome to invest in the state. The state is very keen to get Tesla if it comes to India, Managing Director of Gujarat Industrial Development Corporation Rahul Gupta said. He also said the state is already home to a slew of electric vehicle manufacturers. To a specific question on whether Musk is expected to attend the three-day event inaugurated by Prime Minister Narendra Modi earlier in the day, a state government official replied in the negative. "Musk is not expected. If he were to come, would he not attend the inaugural session? Will he be attending the seminars on day 2 and day 3?" the official said on the condition of anonymity. Speculation was rife that Musk might attend the summit. "You will appreciate that it is the prerogative of any particular company on where to in
The move will refresh Tesla's aging vehicle line-up in its biggest market and follows a price war last year that helped the company meet its annual deliveries goal at the cost of margins
These smaller batteries are already being used by the company in China and could be key for Tesla to reduce the cost of the car it has proposed to bring to India
Tesla has shed more than 8% in the last four days, its longest streak of losses since November
The automaker delivered a record number of vehicles in the fourth quarter and hit its 2023 target of 1.8 million, helped by increasing discounts on key models
Gujarat Minister Rushikesh Patel on Thursday said his government was "very hopeful" that Elon Musk-led Tesla will choose the state to set up a plant and informed communication was on with the firm in this regard. Patel was responding to queries based on news reports suggesting that the US-based electric vehicle maker was planning to set up a manufacturing plant in Gujarat. "The state government is very hopeful of Tesla coming to Gujarat. Even Elon Musk is looking at Gujarat as his first choice. Gujarat is in his mind ever since he began a survey in India to find a suitable location to set up the plant," said Patel, who is health minister and spokesperson of the state government. "Perhaps, very soon, an official announcement will be made in this regard (Tesla's entry. Let us hope Tesla comes to Gujarat. We will definitely welcome it and provide all necessary support, just like we gave Tata, Ford and Suzuki in the past," Patel told reporters in Gandhinagar. Patel said communication .