BREAKING NEWS: Tesla Loses $70 Billion Overnight Due to Elon Musk’s ‘Muskbot’ Ambition – Shocking Statement Shakes the Market, Investors Panic and Question Tesla’s Future!The global stock market has just witnessed a big shock when Tesla lost $ 70 billion in capitalization after only one night. The reason is thought to stem from Elon Musk’s controversial statement about the new smart robot project he called‘Muskbot’.
Bold statement from Elon Musk
In an online event organized by Tesla, Elon Musk announced the plan to develop a smart robot line called‘Muskbot’. According to him,‘Muskbot’will be integrated with advanced artificial intelligence, capable of self -study and perform more complex tasks than any robot technology ever created.
Elon Musk boldly declared:“Muskbot will completely change the way we work, live and interact. Tesla is not only an electric car manufacturing company, we are the leading artificial intelligence company.”
Although this statement is ambitious, it raises great concerns about Tesla’s feasibility and development strategy. Investors immediately reacted negative, leading to a strong decline in the company’s stock price.
The market reacts strongly
Tesla’s stock price decreases near10%Within a few hours after Elon Musk made a speech. The total market capitalization of the company has lost about it70 billion USD.
According to analysts, the market is skeptical about whether‘Muskbot’Can become a practical product or just an unrealistic ambition of Elon Musk. Previously, Musk has repeatedly shocked with bold ideas but not always succeeding.
Some investors are concerned that Tesla has shifted too much resources into the development of robots that can disperse the concentration and weaken its core business – electric car. This is especially dangerous in the context of rivals likeToyota, GM and VolkswagenIncreasing investment in electric cars and challenging Tesla’s leading position.
The future of Tesla and ‘Muskbot’
Although the stock price plunged, Elon Musk did not seem to flinch. He affirmed that‘Muskbot’It is an essential step for Tesla to affirm its position as the world’s leading technology company.
However, with a loss of tens of billions of dollars and skepticism from the market, Tesla is facing one of the biggest challenges in its history. Whether‘Muskbot’Is it possible to become a new symbol for Elon Musk’s creativity, or is it just an expensive mistake?
Only time can answer this question. But one thing for sure: this event will be mentioned for many years to come.
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