Saturday, 24 October, 2026
AI & Robotics Bet Hits Profits, But Musk Visions $25 Trillion Future
By TechShots Studio
Tesla reported a 43% drop in net income to $787 million, driven by heavy spending on artificial intelligence and its Optimus humanoid robot. Despite the financial hit, Elon Musk remains committed to these long-term projects, predicting that Optimus could eventually elevate Tesla’s market capitalization to $25 trillion, even as AI development presents near-term challenges.
Read full story at TIMES OF INDIA