
Tech & Trade Turmoil: Musk Bets Big, Allies Flee Trump, Microsoft Stumbles
Tech & Trade Turmoil: Musk Bets Big, Allies Flee Trump, Microsoft Stumbles
Multiple news sources report that Tesla CEO Elon Musk announced a $2 billion investment in his AI company, xAI, and the discontinuation of the Model S and Model X, planning to use the freed-up factory space for Optimus robots, despite a revenue decrease attributed to slowing EV sales and the end of federal tax credits. While Tesla beat Wall Street's revenue estimates, these changes signal a shift in focus towards AI and robotics, with Musk outlining a new mission for Tesla centered on creating a world of abundance through these technologies.

















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