![]() "You see a lot of AI companies doing you know LLMs and what not and I'm thinking, if they're so great why can't they make a self-driving car? Because it's harder!" Tesla hoovers up video clips and data from its customers' and company vehicles to improve existing software, and to develop new features that become part of its driver assistance systems. Dojo is a supercomputer that Tesla is developing for AI machine learning and computer vision training purposes. Musk also said Tesla will be spending more than $1 billion on Dojo over the next year. On the earnings call, Musk that the Cybertruck would include lots of "new technology," with 10,000 "unique parts and processes." Giving the caveat that it is "always difficult to predict the ramp initially," Tesla will be making the Cybertruck, "in high volume next year, and we will be delivering the car this year." The tweet said, "First Cybertruck built at Giga Texas!" In recent days, Tesla posted a photo via its social media account on Twitter showing factory workers crowded in around a Cybertruck in their Austin, Texas facility. The news could disappoint fans who are eagerly awaiting start of deliveries of the angular, sci-fi inspired pickup that Elon Musk first promoted in 2019. Tesla said in an investor deck that Cybertruck "factory tooling" is on track but the company is only producing "release candidate" builds so far. Tesla's crossover, the Model Y, became the best-selling vehicle worldwide in the first quarter of 2023. Tesla's research and development costs rose to $943 million (from $771 million in the first quarter) with the company writing in a shareholder deck that it is focused on "being at the forefront of AI development," and has started production of its Dojo "training computers." Autonomy will make all of these numbers look silly." ![]() ![]() "The short-term variances in gross margin and profitability really are minor relative to the long-term picture. When asked about whether investors can expect to see Tesla automotive gross margins stabilizing or rising after price cuts and factory improvements in the near future, Musk demurred. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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