Last Thursday, Tesla (NASDAQ:TSLA) hosted its AI Day event. Elon Musk has branded these presentations as a recruiting opportunity, a way for the company to attract top talent in the field of artificial intelligence. But they also allow Tesla to showcase its technology, giving investors a glimpse of what the future will hold.
With that in mind, here are two of the most important takeaways from Tesla’s AI Day.
Image source: Tesla.
2. Tesla plans to build an autonomous humanoid
Near the end of the AI Day event, Tesla delivered some surprising news in a very dramatic fashion. After a dancer dressed like a robot briefly entertained the audience, Musk announced that Tesla is, in fact, working on an AI-powered humanoid robot.
The so-called Tesla Bot will weigh 125 pounds, walk up to 5 miles per hour, and will be 5-foot-8 tall. It will also be able to carry up to 45 pounds. According to Musk, the bot will eventually eliminate the need for humans to take part in boring, repetitive, and/or dangerous tasks. For example, Musk referenced sending the Tesla Bot to the grocery store.
No, this is not a gimmick. Given Tesla’s expertise in artificial intelligence, the company is well-positioned to build an autonomous humanoid. That being said, investors shouldn’t get too excited just yet. Musk mentioned that a prototype would be ready next year, but Tesla has a history of making over-ambitious promises. However, as an investor, I appreciate seeing an enthusiastic management team, and this is definitely something to watch in the coming years.
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