Tesla is entering a crucial phase with the launch of new products, especially the Semi truck, which is integral to its mission. During a gathering in San Mateo, engineering executive Lars Moravy emphasized the company’s commitment to innovation despite facing significant challenges such as declining market share for its aging vehicle lineup. Moravy noted that risks are inherent in the company's approach to autonomy and robotic developments. The expiration of the $7,500 tax credit is also expected to negatively impact sales and revenue.
"We take big swings, and sometimes that risk can come with a lot of downside. We're in a big swing moment right now with autonomy, Robotaxis, with Optimus and with Semi."
"Optimus is the company's humanoid robot. We take big swings... we're in a big swing moment right now..."
"Tesla is losing market share as sales of its aging lineup fall in key markets around the world."
"President Donald Trump's signature tax plan ends the $7,500 tax credit for EV buyers that have helped support the market for years."
Collection
[
|
...
]