Elon Musk says Tesla will be known as an AI Company
Elon Musk recently stated that Tesla is increasingly being recognized as an Artificial Intelligence and Robotics company. On April 26th, during Tesla's Q1 2021 earnings call, the point was made. Tesla has a reputation for being a market leader in hybrid vehicles and self-driving cars.
Despite this, the company has been embroiled in several controversies as a result of Tesla car accidents and other increasing concerns regarding technological quality issues. Elon Musk made the remark in response to Tesla's ability to build a cutting-edge AI team and technology for its self-driving cars.
According to reports, the stock price fluctuated during the initial earnings, rising 1.2 percent to USD736.20 on the day of the announcement. However, after the earnings announcement, the stock has droppe...