Tesla Inc. TSLA CEO Elon Musk He said people’s desire to own electric vehicles made by his company is high, but stressed that the main challenges remain with logistics and supply chains.
what happened: At Tesla’s Investor Day event on Wednesday, Musk said:
There was no announcement of the company’s long-awaited “Model 2” economy EV at the event.
“It’s hard to build a car,” Musk said on the topic of the next generation of Tesla vehicles, adding that building a supply chain around it would be a “very difficult” task.
Musk declined to say when the next-generation car would be on display, adding that he would “jump” his guns if he answered questions.
As for the training vehicles, Musk said he expects Tesla to expand its capabilities over the next few years by combining Nvidia and Dojo.
china growth: Tesla China Chief on question of impact of US-China tensions on long-term ambition Tom Chu “We are growing our market share in China very strongly.”
Zhu said demand has surged, especially after the recent price adjustments this year.
Regarding geopolitical tensions, Zhu said: [local] Create jobs and contribute to the economy.as long as it is required in this country [China], I don’t think there is much risk. ”
AI effect: Musk also talked about generative artificial intelligence and current trends. He said he doesn’t expect AI to help build cars anytime soon. However, he expressed concerns about the technology and asked regulators to oversee it. I am afraid that I did.
“Tesla is doing good things with AI,” Musk said, but added that thinking about the technology “stresses him out.”
price action: Tesla shares fell 5.7% to $191.30 in after-hours trading, according to Benzinga Pro data.
Read the following: New Tesla Factory Moves Forward in Mexico: What You Need to Know
photograph By Steve Jurvetson on Flickr