Amid softer EV demand and worsening profit margins this year, Tesla is setting its sights on AI as Elon Musk is betting more on self-driving and artificial intelligence. The AI hype has investors hooked in the past three months since Tesla’s underwhelming first-quarter deliveries and earnings numbers published in April. The company’s value has risen by $386 billion since then, per Bloomberg’s estimates, as Musk has been touting a Tesla future of AI, autonomous driving, and humanoid robots…
Tesla to Focus on Autonomy and AI as Earnings Disappoint
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