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The World Artificial Intelligence Conference (WAIC 2024) will be held from July 4th to 7th at the Pudong New International Expo Center in Shanghai. On July 1st, Tesla China announced that as a pioneer in the artificial intelligence industry, Tesla will continue to participate in this grand event in the AI industry this year and showcase its latest achievements such as the Cyber Off roader, Optimus humanoid robot, and FSD (fully autonomous driving capability).
According to sources from Tesla China, Tesla is not just a car, but a high-tech enterprise that emphasizes both hardware and software. About half of the engineering work involves software engineering, which is rare in the automotive industry. Tesla's software not only serves autonomous driving and artificial intelligence, supporting the operation of vehicles, energy storage devices, and solar products, but also plays a crucial role in vehicle insurance, after-sales, and sheet metal spray services. Tesla's software strength has taken a leading position in the automotive industry. According to Tesla's safety report for the first quarter of 2024, Tesla's driving safety achieved 11.4 times the average level in the United States using the Autopilot autonomous driving assistance system.
Tesla is expected to begin limited production of humanoid robots in 2025, with over 1000 Optimus at Tesla factories helping humans complete production tasks. Tesla founder and CEO Elon Musk predicts that in the future, humanoid robots will become the mainstay of industry, with a number expected to surpass humans, reaching 10-20 billion. Tesla aims to produce 1 billion units annually, occupying over 10% of the market share. Its cost is controlled at around $10000, with an estimated selling price of $20000, which will bring Tesla a market of $25-30 trillion.
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