Sometimes it is difficult to understand the decisions of Elon Musk, who a few days ago announced that at the moment they have no plans to carry out the “low cost” electric car, which would cost $25,11 dollars out, and that would put it in dominance in the electric vehicle market , announced El Mundo.
Despite the spectacular results of the last quarter of 2021 in terms of Tesla sales, the CEO announced that he will focus on manufacturing human-shaped robots to eliminate routine and dangerous tasks in plants.
The businessman will bet on this technology because he believes that it will be so advanced that it will eventually significantly boost the car sales, with or without models at lower sales prices.
Musk indicated that “humanoid” robots may be a better deal than vehicles, but it is not clear to investors why he should deviate from the main mission.
In the information provided by Musk, he highlighted that there will not be a Cybertruck either, the electric pick-up with a futuristic design, giving an advantage to competitors such as Rivian with its electric trucks and Ford with the manufacture of the F -150 Lightning.
According to the CEO, Tesla’s efforts will focus on consolidating the production of existing models in 2022 and make the most of the capacity of its plants in California, Shanghai and Austin while work is completed on the factory in Germany.
Musk’s statements were made during the call with investors, where he explained that the logistical bottlenecks, potentiated by the shortage of microchips worldwide , could “slow down” the release of new models that were expected, such as the electric Semi truck and the Roadster sports car.
His statements were not well received on Wall Street and the market refl It started with the drop in the company’s titles, with a decrease of up to 11% in its shares.
“There’s no point in going all out and yelling ‘production line’ in the middle of a room full of people,” Wedbush Securities analyst Dan Ives said. “I am convinced that if Musk had not been on that call, the stock would have gone up on Thursday.”
Toni Sacconaghi, an analyst at Bernstein, questioned the businessman: “If you are not working on a $25,11 dollars, is it realistic to think that you can sell 3 million vehicles with two high volume models and the Cybertruck in 2024?”.
For his part, Musk answered evasively: “It is evident from the questions that the importance of the completely autonomous cars“.
You may also be interested in:
Elon Musk says that this year for Tesla the humanoid robot will be more important than the car business
Elon Musk offered $5,000 dollars to a teenager for deleting a Twitter account that posts where his private plane is
Dogecoin skyrockets: Elon Musk announces that ac will accept the cryptocurrency to buy in Tesla