Elon Musk ignores Tesla sales slump, places bets on Optimus humanoid robots

Elon Musk ignores Tesla sales slump, places bets on Optimus humanoid robots

On the Dash: Elon Musk predicts that Optimus humanoid robots will eventually make up over 75% of Tesla’s value, with the company’s long-term growth tied heavily to AI and robotics. Optimus is still in development, undergoing internal testing, and industry analysts remain skeptical about Musk’s $25 trillion valuation claims. Tesla’s core automotive business faces challenges,…

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Tesla signs first grid-scale battery deal in China

Tesla signs first grid-scale battery deal in China

Tesla has signed an agreement to build a grid-scale battery energy storage facility in China, marking the company’s first such project in the country. According to reports from Chinese media outlet Yicai, the 4 billion yuan ($556 million) deal involves Tesla, the Shanghai municipal government, and China Kangfu International Leasing. Tesla confirmed the project via…

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