Tesla Inc. is in a sales slump, with deliveries of its electric vehicles on track to decline for the second year in a row. Chief Executive Officer Elon Musk has warned there could be “a few rough quarters” ahead for the company amid the loss of purchase incentives in the US.

As Tesla suffers a worldwide slowdown in sales, the world’s richest person is pinning his hopes on humanoid robots to conquer the future. But it’s not even clear yet whether they can operate on their

Tesla boss Elon Musk said Monday that the company’s future isn’t tied to cars anymore. Speaking just after releasing a new “master plan,” Elon said that 80% of Tesla’s value will come from Optimus, the humanoid robot project he first introduced in 2021.