Tesla's Optimus Robots Have Reportedly Run Into Severe Trouble
Elon Musk's Tesla is in deep trouble. This week, the company reported a massive 16 percent decline in automotive revenues, the biggest drop in over a decade. With tax incentives and auto regulatory credits being phased out by president Donald Trump, the company is facing "a few rough quarters" ahead, as Musk warned. While Musk has done little to reassure investors about rescuing Tesla's car sales business, the billionaire is shifting the firm's focus to humanoid robots and a robotaxi service. The company launched an extremely limited pilot program for its autonomous ridehailing service in Austin earlier this year. But […]
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