Tesla sales collapse, profits nosedive. Elon says he has the answer

Cars? Laugh loudly. It’s not about cars anymore.

Elon Musk wants you to believe Tesla, a company with sales, falling income, falling profit and stock price… Last year, almost twice.

In a call with investors and analysts on Wednesday night, Musk, the CEO and the biggest shareholder of the company, said, “Autonomy Story”. He foresee that “a fundamental transformation of the company ..

The American electric vehicle company has hit a rough patch since Donald Trump was elected as the president. Tesla’s image was unintentionally darkened by the political branches of Musk, where Trump is not the worst. Here I am talking about the public use of hand signals that make an ordinary observer think: “Oh, like the bad guys in a film of the Second World War”.

The company has been under damage control since the Musk has gone to political benders. After the big hand signal escape, Mr. Musk be suitable for. In his best behavior. In the last call with the analysts, for example, there was no heard sign that Musk misinterpreted the dose of the drug. Nor did he scream at anyone. Although some words and curiosity were flashing long pauses, Musk emerged very close to normal business human behavior.

From where? The company is in trouble. Indeed, only two cars – model 3 and model y, only, can be distinguished from each other. Only 3% of all the cars he sells are Model S, Model X and Çok Balllyhooed Cybertruck. Tesla’s market share fell 12% of Model 3 and Model Y compared to the previous year because it collapsed in Europe, especially in Europe. The inventory of cold cars sharply rises sharply and there is no new model on the horizon, except for a cheaper version of Model Y.

So the company needs a new story. And Musk is ready to return.

“S2 2025 was a seminal point in Tesla’s history: the beginning of our transition from leading electric vehicle and renewable energy industries to AI, robots and related services” He said in his last update. (If you think that the word seminal does not chuckle the double meaning, you are crazy. The man does jokes All Time in all forums.)

The plan is two -way. The first Tesla will chase Waymo and put robotaxes everywhere.

Musk, “We are very cautious. We do not want to get any chance, so we will go carefully. However, the number of vehicles in the operation areas and the number of vehicles will increase at a hyper-top.” He said.

Tesla’s Robotaxisi has been operating in a small area in a US city so far and using a handful of units. Waymo operates in several cities (Google) and exists for years. Autonomous taxis lasted 71 million miles and Security Advantages compared to human drivers. Nevertheless, Musk expressed his opinion that Tesla was the leader in this field.

“Tesla is the best in the world in the AI in the real world,” he said. “A clear point of evidence for this, if you compare it with Waymo. Waymo’s car with God knows how many sensors. Isn’t Google good in AI? Yes. But the real world is not good at AI. Tesla is much better than Google.”

The little silence following this statement was a real pleasure for me. Can Tesla be a leader one day? Maybe. Now? Ha. Musk, patented, “He says that,” he cheats again.

But that’s not the only thing he wants to exist. The company will develop a new humanoid robot strengthened by AI. It is called optimus.

“It will be the biggest product so far, Mus Musk said. “We will scaze optimus production as quickly as possible and try to reach one million units a year as quickly as possible. We think we can go there in less than five years.”

There are two main elon musk ideas: batteries and tunnels. The batteries were really a great idea – cars with batteries existing future. Tunnels (Las Vegas dug one under the congress center) is a funny flop. The acquisition of Twitter was a tunnel type idea. Gok, a AI assistant who hates Jewish, is another type of tunnel. Electric semi -trailer? Tunnel -type idea. Cybertruck? Tunnel -type idea.

When you are as rich as Musk, you will have a large number of tunnel ideas, ideas that do not go out and are still accepted as a genius. Humanoid Robots are at best tunnel -type idea. They can even enter a third category, Rocket Roadster-Type Idea: The type of product that the company once talked about but not actually produces.

You can still do Palo Alto, find a job in California Trying to design humanoid robots. Fee range “$ 140,000 -420,000/annual salary + cash and stock awards + advantages.”

It is unclear whether your job description will contain dressing as a robot. The company was so far behind in 2021 when he first “explained” that there wasn’t even a prototype and just A person with a spandex outfit On stage.

The biggest question for me: Why does a robot look like a person? Even highly specialized robots are not good enough in their duties. Almost every time I make a mistake, and the only thing everyone wants to do is to clean the floor without eating the curtains. A tremendous specialized robot is so heavy that you can barely get when you fall? They may be fun, but they won’t be practical or cheap. I’m guessing that the humanoid robot project will be an expensive failure for Tesla. And the cost of transforming a automobile company into an AI company is remarkable.

Tesla significantly increased capital expenditures while trying to run this pivot. All free cash flow is now being invested in Big Gamble. Musk said the company would borrow extra to finance robotaxes.

Tesla is in a precarious position. The price price is a company that provides much more profit.

Compare the pair. Sharemarket value of the alphabet (Google) $ 2.3 trillion dollars And made profit 34.5 billion dollars Last quarter. Tesla’s shalemarket value 1 trillion dollars And made profit 1 billion dollars in the last quarter. If he had the same proportions as the alphabet, it would be about 15 times more profitable.

Musk said he predicted the financing that will deteriorate later in this financial year and early next year.

“Probably a few challenging quarters. I’m not saying we’ll do it, but we can.

Then? Victory that conquers everything.

“If Tesla continues to carry out well with the autonomy and humanoid robot autonomy, it will be the most valuable company in the world.”

It only works if the Robotaxi bet only works.