Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car, saying it would be “pointless” unless the car was fully autonomous.
Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year.
Tesla CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals and surprised with robovan.
Elon Musk said he will discuss a $5 billion investment in AI startup xAI, as the EV maker looks to double down on efforts to expedite the development of its robotaxi and self-driving products.
U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.