Musk says it is ‘blindingly obvious’ autonomous cars are Tesla’s future
Elon Musk remains obsessed with plans to deliver self-driving “Cybercabs” and robots instead of traditional non-automated electric vehicles, and its shares have surged.
Tesla chief executive Elon Musk remains obsessed with plans to deliver self-driving “Cybercabs” and robots instead of traditional non-automated electric vehicles, despite the company flagging slower car sales for the rest of 2024.
Musk addressed investors on Thursday after Tesla’s quarterly earnings for the three months to September increased by close to 20 per cent and beat Wall Street expectations. But the company still needs to sell 516,000 electric cars over the next three months to break even.
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Amelia McGuire covers technology from the AFR's Sydney newsroom. She was previously the aviation, tourism and gambling reporter for The Sydney Morning Herald and The Age. Connect with Amelia on Twitter. Email Amelia at a.mcguire@afr.com.au
