Tesla is investing in AI infrastructure, production capacity, and new products infrastructure with $2.8 billion capital expenditures in Q1 2024.
Tesla is focusing on developing scalable autonomy for vehicles and robots using advanced AI and efficient inference hardware.
Tesla has launched Full Self-Driving (FSD) V12, upgraded hardware 4.0, and is offering a 30-day free trial of FSD for eligible US and Canadian cars.
Tesla is planning to integrate ride-hailing services into the Tesla app and aims to release the Tesla Bot, an autonomous humanoid robot, by the end of 2024.