"Tesla in a Similar Position to NVIDIA Before the Hype" - Elon Musk Talks About Robotaxi and the Potential of Humanoid Robots
At an event, Tesla CEO Elon Musk explained his thoughts on the future of the electric car manufacturer and the influence of AI. Investors and Teslafans can watch the interview on the YouTube channel "Tesla Owners Sillicon Valley". During the interview, Musk explained that he feels Tesla is currently in a phase similar to that of NVIDIA before it became known. Back then, the shares were not yet "crazy" high, Musk said. He emphasized that the valuation of the chip manufacturer was justified, as NVIDIA CEO Jensen and his team had done an outstanding...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
Already registered? Log In
At an event, Tesla CEO Elon Musk explained his thoughts on the future of the electric car manufacturer and the influence of AI. Investors and Teslafans...
At Adobe MAX, the world's largest creative trade show, held from October 10 to October 12, the leading image-editing software provider unveiled new models...
array (
'ID' => '4707',
'post_author' =>
array (
'ID' => '2',
'user_url' => '',
'display_name' => 'Tabea Kletterer',
'user_registered' => '2023-09-12 13:11:15',
'nickname' => 'TabeaKletterer',
'first_name' => 'Tabea',
'last_name' => 'Kletterer',
'description' => '',
'description_en' => '',
'description_es' => '',
'description_fr' => '',
'description_it' => '',
'name' => 'Tabea Kletterer',
'name_short' => 'T. Kletterer',
'slug' => 'tabea-kletterer',
),
'post_date' => '2024-08-02 11:06:12',
'post_date_gmt' => '2024-08-02 09:06:12',
'post_content' => 'At an event, Tesla CEO Elon Musk explained his thoughts on the future of the electric car manufacturer and the influence of AI. Investors and Teslafans can watch the interview on the YouTube channel "Tesla Owners Sillicon Valley".
During the interview, Musk explained that he feels Tesla is currently in a phase similar to that of NVIDIA before it became known. Back then, the shares were not yet "crazy" high, Musk said. He emphasized that the valuation of the chip manufacturer was justified, as NVIDIA CEO Jensen and his team had done an outstanding job. This illustrates the value of a company that is heavily involved in the field of AI, Musk continued.
Autonomous driving to increase vehicle productivity tenfold
A key component of Tesla\'s AI strategy is the technology for fully autonomous driving, commented the news medium Yahoo Finance. According to Musk, this could revolutionize the use of cars. Vehicles are currently used for around 10 hours per week, while autonomous driving could allow them to be used for up to 168 hours per week. This corresponds to a tenfold increase in vehicle productivity at the same cost. He added that Tesla owners could make money when they are not using their vehicle by using it for other trips.
When asked about an FSD update for the Cybertruck, Musk replied that it should be out in August - about two to four weeks from now. He was not sure of the exact timing and emphasized that a lot of testing would need to be done to make sure it works well. Many features would come together in version 12.5, including small details such as wearing sunglasses while driving hands-free, which should also work in the Cybertruck, the Tesla boss said.
Special "robotaxi" could have a major impact on the world
According to Musk, the special robot cab could have a significant impact on the world. Although older Tesla vehicles could also be operated as robot cabs, he believes that the special robot cab will have the greatest impact. He also predicted that the Roadster demo would be "overwhelming" and could possibly be one of the most impressive demos ever. According to Musk, it could be ready as early as next year.
Yahoo Finance pointed out that despite Musk\'s optimistic outlook on the potential of AI, there are also regulatory hurdles. Approval for fully autonomous vehicles requires complex rules and regulations, the report said. There is also strong competition in the AI market from large tech companies and start-ups, according to the report.
Sporting announcement - humanoid robots could exceed the 10 billion unit threshold
Musk also expressed his thoughts on humanoid robots. Such a robot could, for example, help with childcare, walk the dog or do the shopping. In the long term, the cost of a humanoid robot should be lower than that of a car, as it would weigh less and contain fewer parts. Musk estimates that a useful humanoid robot could cost around 20,000 to 25,000 dollars in the long term, depending on the future value of the dollar due to inflation and other factors.
Everyone will want to have such a robot, Musk added. He compared it to the Star Wars characters R2D2 and C3PO - if they were real, who wouldn\'t want them, Musk asked attendees at the event. With this in mind, he estimated that robots could have the potential of over 10 billion units - more than the number of humans. In addition to personal use, there would also be numerous applications in industry and other sectors. At a price of $20,000, this would correspond to a volume of $200 trillion. The group hopes to be in a position to sell the robots outside the company by 2026.
',
'post_title' => '"Tesla in a Similar Position to NVIDIA Before the Hype" - Elon Musk Talks About Robotaxi and the Potential of Humanoid Robots',
'post_excerpt' => '',
'post_status' => 'publish',
'comment_status' => 'open',
'ping_status' => 'open',
'post_password' => '',
'post_name' => 'tesla-in-a-similar-position-to-nvidia-before-the-hype-elon-musk-talks-about-robotaxi-and-the-potential-of-humanoid-robots',
'to_ping' => '',
'pinged' => '',
'post_modified' => '2025-02-04 09:08:21',
'post_modified_gmt' => '2025-02-04 08:08:21',
'post_content_filtered' => '',
'post_parent' => '0',
'guid' => 'https://tradertimes.com/wordpress/?p=4707',
'menu_order' => '0',
'post_type' => 'post',
'post_mime_type' => '',
'comment_count' => '0',
'_encloseme' => '1',
'_pingme' => '1',
'background' => '',
'background_color' => '',
'background_fokus_image' => '',
'background_gradient' => 'background: linear-gradient(to right, rgba(0,0,0,0) 0%,rgba(0,0,0,0.65) 100%);',
'background_image' => '',
'hot_stuff' => '0',
'magazine' =>
array (
'ID' => '4702',
'post_title' => 'The Trader Times #145 dated August 2, 2024',
'post_content' => '',
'post_date' => '2024-08-02 11:03:08',
'post_type' => 'tradertimes',
'post_mime_type' => '',
'post_parent' => '0',
),
'no_permission_teaser' => '',
'no_permission_title' => '',
'premium_teaser' => '',
'seo_description' => '',
'seo_image' => '',
'seo_title' => '',
'stock' => '',
'stock_bg' => '',
'stock_color' => '',
'stock_show' => '1',
'teaser' => '',
'teaser_list' =>
array (
),
'title' => '',
'title_alternative' => '',
'title_color' => '',
'title_highlight' => '',
'category' =>
array (
9 =>
array (
'term_id' => '9',
'term_taxonomy_id' => '9',
'name' => 'Top Stories',
'slug' => 'top-stories',
'description' => '',
'parent' => '0',
'lang_term_taxonomy_id' => '8',
'lang_term_id' => '8',
'lang_name' => 'English',
'lang_slug' => 'en',
'translations' =>
array (
'de' => 1,
'en' => 9,
'es' => 13,
'fr' => 17,
'it' => 21,
),
'seo_title' => '',
'seo_description' => '',
'seo_image' => '',
'sub_ids' =>
array (
0 => 9,
),
'link' => '/top-stories/',
),
),
'isins' =>
array (
1184 =>
array (
'term_id' => '1184',
'name' => 'Tesla Inc.',
'slug' => 'us88160r1014',
'term_group' => '0',
'post_type' => 'isins',
'count' => '16',
'term_taxonomy_id' => NULL,
'id' => '68281',
'wkn' => 'A1CX3T',
'isin' => 'US88160R1014',
'symbol' => 'TSLA',
'source' => 'DI',
'type' => 'Aktie',
'fn_type' => 'Share',
'digits' => '3',
'prefix' => '',
'postfix' => ' $',
'home' => 'US',
'currency' => 'USD',
'factset_country' => 'US',
'open_time' => '15:30',
'close_time' => '22:00',
'active' => 'Y',
'main_indication_id' => '68281',
'identifier' => 'US88160R1014',
'link_type' => 'aktien',
'nice_name' => 'Tesla',
'has_fundamental' => '1',
'start' => '2010-06-29 15:30:00',
'link' => '/news/tesla-inc-a1cx3t/',
),
),
'link' => '/top-stories/tesla-in-a-similar-position-to-nvidia-before-the-hype-elon-musk-talks-about-robotaxi-and-the-potential-of-humanoid-robots-4707.html',
'image' =>
array (
'ID' => '4706',
'post_title' => 'top story',
'post_content' => '',
'post_date' => '2024-08-02 11:03:51',
'post_type' => 'attachment',
'post_mime_type' => 'image/jpeg',
'post_parent' => '4705',
'src' => 'https://tradertimes.com/files/2024/08/top-story.jpg',
'width' => 1400,
'height' => 784,
'sizes' =>
array (
'thumbnail' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-150x150.jpg',
'width' => 150,
'height' => 150,
'mime-type' => 'image/jpeg',
'filesize' => 6924,
),
'teaser' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-632x280.jpg',
'width' => 632,
'height' => 280,
'mime-type' => 'image/jpeg',
'filesize' => 41814,
),
'content' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-1296x784.jpg',
'width' => 1296,
'height' => 784,
'mime-type' => 'image/jpeg',
'filesize' => 183523,
),
'fb' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-1200x628.jpg',
'width' => 1200,
'height' => 628,
'mime-type' => 'image/jpeg',
'filesize' => 134173,
'cpt_last_cropping_data' =>
array (
'x' => 0,
'y' => 52,
'x2' => 1399,
'y2' => 784,
'original_width' => 1400,
'original_height' => 784,
),
),
),
),
'translations' =>
array (
'de' =>
array (
'post_title' => '„Tesla in ähnlicher Lage wie NVIDIA vor dem Hype“ – Elon Musk äußert sich zum Robotaxi und Potenzial humanoider Roboter',
'post_name' => '',
'ID' => '4705',
'post_type' => 'post',
'link' => '/de/top-storys/-4705.html',
),
'en' =>
array (
'post_title' => '"Tesla in a Similar Position to NVIDIA Before the Hype" - Elon Musk Talks About Robotaxi and the Potential of Humanoid Robots',
'post_name' => 'tesla-in-a-similar-position-to-nvidia-before-the-hype-elon-musk-talks-about-robotaxi-and-the-potential-of-humanoid-robots',
'ID' => '4707',
'post_type' => 'post',
'link' => '/top-stories/tesla-in-a-similar-position-to-nvidia-before-the-hype-elon-musk-talks-about-robotaxi-and-the-potential-of-humanoid-robots-4707.html',
),
'es' =>
array (
'post_title' => '"Tesla está en una posición similar a NVIDIA antes del hype" - Elon Musk habla sobre Robotaxi y el potencial de los robots humanoides',
'post_name' => 'tesla-est-en-una-posicin-similar-a-nvidia-antes-del-hype-elon-musk-habla-sobre-robotaxi-y-el-potencial-de-los-robots-humanoides',
'ID' => '4708',
'post_type' => 'post',
'link' => '/es/noticias-principales/tesla-est-en-una-posicin-similar-a-nvidia-antes-del-hype-elon-musk-habla-sobre-robotaxi-y-el-potencial-de-los-robots-humanoides-4708.html',
),
),
)
