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Elon Musk Insists Tesla Is a Tech Company. It's Starting to Look Like One.

Summary by Business Insider
Elon Musk has bet Tesla's future on autonomous vehicles and robotics.Harun Ozalp/Anadolu via Getty ImagesTesla's latest earnings sent a clear message: we're not a car company anymore.Elon Musk said Tesla would scrap its Model X and S EVs to free up factory space for its Optimus robot.Analysts said Tesla is transitioning away from "legacy products" like cars to focus on AI and robotics.Elon Musk has long insisted Tesla isn't a car company. After …
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+6 Reposted by 6 other sources
Center

By Hadas Gold, CNN Tesla dominated the electric vehicle industry in the mid-2010s with elegant and fast cars that helped combat the public perception that these vehicles were severely constrained by their short autonomy. Now the company — and its controversial executive director, Elon Musk — are facing tougher competition and political winds against it. Their sales of electric vehicles fell a record 9% in 2025, amid a growing rivalry with China …

·Idaho Falls, United States
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Lean Right

Now it's official: the models S and X are set, Elon Musk puts everything on AI. If he is wrong, the world would lose one of the best electric car manufacturers.

·Düsseldorf, Germany
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Lean Right

Demand for the first Tesla models is declining. For Elon Musk, the right time to reorientate. Instead of cars, the first AI robots in the US will be running off the assembly line in the future. What they are supposed to bring to potential buyers.

·Vienna, Austria
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In this analysis, we explore how Tesla, under the direction of Elon Musk, is pivoting from being an automotive company to a robotics company.

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Die Presse broke the news in Vienna, Austria on Thursday, January 29, 2026.
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