Elon Musk Is Pivoting Tesla to AI and Robots. Wall Street Analysts Have Their Doubts

Elon Musk is pivoting Tesla to AI and robots. Wall Street analysts have their doubts

Wall Street analysts called Tesla's pivot toward AI and robotics and away from automobiles the most important takeaway from its latest earnings report.

Musk's Tesla To Spend $20 Billion On Autonomous Vehicles, Humanoid Robots

Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.

Tesla pivots to AI and robotics with $20 billion investment, scales Robotaxi and Optimus

Tesla plans $20B investment in AI, robotics, and Robotaxi expansion, halts Model S/X, beats Q4 profit estimates, and grows FSD subscriptions 40%.

Tesla Doubles Capital Spending, Shifts Focus to Autonomous Vehicles and Humanoid Robots

TLDR Tesla plans to more than double its capital spending to $20 billion, focusing on autonomous vehicles and humanoid robots. CEO Elon Musk highlighted the shift in focus from traditional EV sales to AI-driven projects and robotics. The company’s investments will fund production lines for Cybercab, Optimus robots, and new plants for battery production. Tesla’s valuation is driven by investor confidence in Musk’s ambitious plans for robotaxis a…