The fact that this didn’t totally tank the stock price is insane. Last year the stock price went up because Elon said they will announce new car models “soon”. Now he says they will actually stop making cars and the price goes up again. We all knew it’s a scam but this is beyond stupid. They will pivot to a product there’s barely any market for and people still think this company is worth billions…
As for the idea itself, someone published link to article about automated phone factory the other day. It didn’t have Optimus like robots. No company will use them. If you need to automate specific thing it’s way cheaper to make a custom robot for that than to try to use humanoid robot. Humanoid robots can be useful in the future to take care of old people but this technology is decades away. It’s another ketamine inspired idea from the greatest businessman…
Ketamine Driven Innovation, the impractical workflow of humanities most sponsored individuals.
I want Hasbro to file a lawsuit, it would be so fucking funny.
LOL no one is buying those robots.
Apparently companies don’t need to sell or do useful products or services any more. They just sell investments.
And it starts. Tesla was held up by smoke and mirrors, and now that we all know it, and him, it’s all coming apart. Nobody wants his terrible cars, anywhere in the world, and now that he has DOGEd all the investigations into his negligent manufacturing practices, they aren’t even safe.
Now he’s killing two product lines. Tesla will be bankrupt in 2 years.
I’d agree, but the stock price is up after hours. I’ve never seen a more irrational stock
S and X were only 3% of their sales combined according to the article. Discontinuing them makes financial sense.
