The capital expenditure plans laid out Wednesday – roughly twice as much as Wall Street was expecting – will support production expansion at multiple factories, scaling up the nascent robotaxi business and building out AI infrastructure.

Larry Fink, president and CEO of investment firm BlackRock, interviewed Elon Musk, CEO of Tesla and SpaceX at the World Economic forum in Davos, Switzerland this week. They spoke about everything from AI to robotics to Mars,

Elon Musk shared a Grok-generated AI video showing him dancing with Tesla’s humanoid robot Optimus, delighting social media users. The fun clip sparked creative remixes online.

Tesla CEO Elon Musk reiterated claims that rapid AI advances and humanoid robots will reshape work, energy demand, and the economy.

Mr Musk sees his humanoid robots hitting the market in 2027. Read more at straitstimes.com. Read more at straitstimes.com.

The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.

Musk’s moonshot? Skip the retirement fund. He says AI and robots will flood the economy with abundance — but the ride there gets bumpy, fast