The F-150 Lightning EV went from idea to production in less time than Cybertruck production.<\/figcaption><\/figure><\/div>\n\n\n\nFSD and Optimus<\/h2>\n\n\n\n
During his presentation, Musk offered insight into two other Tesla projects. He indicated the $12,000 Full Self-Driving system will be significantly updated, the CEO previously promising it will become a full hands-free system. But it needs to be noted that Musk has made similar forecasts for several years. If anything, Tesla\u2019s Autopilot and FSD systems are now the target of numerous investigations by the National Highway Traffic Safety Administration after a series of crashes, some fatal.<\/p>\n\n\n\n
But Musk seemed undeterred, declaring once FSD is fully functional and drawing in more buyers it will deliver a big boost to Tesla revenues. It \u201cwill really be an amplification of free cash flow.\u201d<\/p>\n\n\n\n
The South African-born entrepreneur also updated an audience of fans and investors on the status of Optimus, the company\u2019s humanoid robot. A working version is set to be shown off during Tesla AI Day on Sept. 30.<\/p>\n\n\n\n
Optimus, he said, “will be more valuable than the car long term and, in fact, it will turn the whole notion of what’s an economy on its head.”\u00a0<\/p>\n\n\n\n
In terms of the U.S. economy, Musk said he expects to see a recession this year, but one he believes will be \u201crelatively mild.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The long-delayed Tesla Cybertruck will cost more and will have \u201cdifferent\u201d specs than when the all-electric pickup was first announced in 2019, CEO Elon Musk revealed. Find out more at TheDetroitBureau.com.<\/p>\n","protected":false},"author":2,"featured_media":228827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[10,7,8,5,1608,1164,3185,2648,1347,9],"tags":[7035,990,663,386,7183],"make":[],"post-state":[],"category_old":[],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/229582"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=229582"}],"version-history":[{"count":4,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/229582\/revisions"}],"predecessor-version":[{"id":229601,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/229582\/revisions\/229601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/228827"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=229582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=229582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=229582"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=229582"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=229582"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=229582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}