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Tesla WE ROBOT Event | Everything Revealed in 8 Minutes | Tesla News

Tesla has taken a significant leap forward in autonomous transportation with the unveiling of its long-anticipated driverless taxi, the Robo Taxi, at a private event held at Warner Brothers Studios in Burbank, California. Founder Elon Musk showcased this groundbreaking vehicle, which is designed to revolutionize the way we think about transportation, featuring no steering wheel or pedals—just pure autonomous technology at work.

The Robo Taxi, also known as the Cyber Cab, was revealed alongside 20 prototypes, captivating attendees with its minimalist and futuristic design, which includes a two-door hatchback configuration and ample cargo space. Musk emphasized that Tesla’s Full Self-Driving (FSD) software enables these vehicles to navigate roads without any human intervention, marking a shift from supervised to unsupervised driving.

One of the standout features of the Robo Taxi is its innovative wireless charging capability, eliminating the need for traditional charging ports. While specific details about the powertrain and range were not disclosed, Musk announced a starting price under $30,000, making it an attractive option for consumers and fleet owners alike. Production is anticipated to begin in 2026, with the goal of launching fully autonomous operations in Texas and California by next year.

In addition to the Robo Taxi, Musk introduced the Robo Van, an autonomous vehicle designed to transport up to 20 passengers. This vehicle features large glass windows and flexible interiors, ideal for both public transport and commercial use. Musk projected that operational costs for the Robo Van could be as low as 20 cents per mile.

Adding to the excitement, Tesla also showcased its humanoid robot, Optimus, which demonstrated significant advancements in its capabilities. Priced between $20,000 and $25,000, Optimus is envisioned to assist in various tasks, from teaching to party hosting.

Despite the buzz surrounding these innovations, the event’s reception among investors was mixed, leading to a decline in Tesla’s stock. As the company continues to push the boundaries of technology, the success of these autonomous vehicles will depend not only on advancements in AI but also on regulatory acceptance and societal readiness for such transformative changes in transportation.

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Tesla Is No Longer Elon Musk’s Most Valuable Asset

**Breaking News: Tesla Falls Behind as Musk’s SpaceX Surges Ahead** In a stunning turn of events, Tesla is no longer the crown jewel of Elon Musk’s empire, as SpaceX has officially surpassed the electric vehicle giant in value for the first time in five years. Musk’s fortune, once heavily anchored by Tesla, has shifted dramatically following a series of alarming developments. Musk’s financial landscape took a hit after he funneled over $200 million into Donald Trump’s re-election campaign, but he rebounded quickly, briefly becoming the world’s first $400 billion individual. However, Tesla’s stock has since plummeted by 50%, exacerbated by disappointing delivery numbers and concerns over Musk’s divided attention as he juggles his new role in the Trump administration. Recent reports indicate that Tesla’s revenue growth has stagnated to a mere 1% in 2024, while net income has declined for the second consecutive year. Meanwhile, shocking drops in vehicle sales have been documented across key markets, including Germany, China, and Australia. As public sentiment turns against Musk, protests have erupted at Tesla dealerships nationwide, amplifying the urgency of the situation. The turmoil doesn’t end there. Musk’s appeal of a Delaware court ruling that invalidated a lucrative pay package has further complicated his financial stability. Forbes has slashed the value of Musk’s stock options by 50%, revealing that his stake in Tesla is now worth $97.8 billion, significantly less than the soaring valuation of SpaceX. With SpaceX’s value now estimated at $147 billion—almost $20 billion more than Musk’s Tesla holdings—this shift marks a seismic change in Musk’s financial narrative. SpaceX’s revenue surged by 51% to $13.1 billion in 2024, buoyed by the booming Starlink satellite internet service. As the dust settles, it’s clear that Musk’s fortunes are in flux, and the landscape of his empire is shifting dramatically. Stay tuned as we continue to monitor these developments closely.

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