<div id="readability-page-1"><div><div><p><strong>Tesla Inc.</strong> <span>TSLA</span> CEO <strong>Elon Musk</strong> has shared updates on autonomous driving, Optimus humanoid robots and artificial intelligence pursuits during a recent event.</p><h2>Optimus Could Be ‘The Biggest Product Ever'</h2><p>Speaking at the All In Summit on Tuesday, Musk shared a comprehensive list of updates on all of his ventures.</p><p>On the Optimus robot, Musk shared that Tesla was finalizing the design of the Optimus version 3 robot, which would boast the &#34;manual dexterity of a human,&#34; indicating a complex hand design as well as an &#34;AI mind&#34; to comprehend reality. Musk also said the version 3 Robot would be made in high volumes.</p><p>He also highlighted challenges faced by Tesla to scale Optimus, outlining that the company has had to create a supply chain from scratch. Still, he added that Optimus had the potential to be &#34;the biggest product ever.&#34; He also said that when Optimus hits a million units per year production milestone, it would cost Tesla $20,000-$25,000 to make a unit.</p><p>Musk had earlier said that the Optimus robot could represent over 80% of Tesla's future value. The company has also released its latest Master Plan IV, which illustrates a shift in focus for Tesla towards AI and robotics.</p><h2>AI5 Would Be An ‘Immense Jump' From AI4</h2><p>Musk said that the next-generation AI5 self-driving chipset would be a huge upgrade over the current AI4 chipsets. &#34;The improvement in AI5 would be forty times better than AI4,&#34; Musk said, adding that it would have nine times more memory and eight times more computing power.</p><p>He added that he was &#34;confident&#34; that the current AI4 chips can achieve 2-3 times better self-driving safety than humans and that it'd make cars feel &#34;sentient.&#34;</p><p>Tesla had recently also pulled the plug on the company's Dojo program, which was responsible for in-house chip development activities. The company also signed a $16.5 billion deal with <strong>Samsung Electronics</strong> <span>SSNLF</span> for AI6 chipsets.</p><h2>Starlink-Enabled Smartphones, Starship Updates</h2><p>After <strong>SpaceX</strong> acquired <strong>Echostar Corporation</strong>'s <span>SATS</span> AWS-4 and H-block spectrum licenses for approximately $17 billion, Musk was asked about a potential Starlink smartphone.</p><p>&#34;There are hardware changes that need to happen in the phones,&#34; Musk said, to be able to connect with Starlink frequencies. He added that the company was also building satellites designed for smartphone connectivity and that the company was working with smartphone companies as well. Musk also hinted that Starlink could potentially buy phone carriers in the future.</p><p>Musk also said that SpaceX's Starship Version 3 &#34;would demonstrate full resusability next year, catching both the booster and the ship,&#34; unless there were some major problems. It's worth noting that Musk had recently teased the Starship V3 and V4 rockets after Starship's tenth successful launch test following multiple delays and failures.</p><h2>‘Grokipidia' Could Be In The Works</h2><p>On the artificial intelligence front, Musk shared that <strong>xAI</strong>, which has sued <strong>Apple Inc.</strong> <span>AAPL</span> and artificial intelligence giant <strong>OpenAI</strong> over alleged favoritism, was training its model <strong>Grok</strong> to correct mistakes and &#34;remove falsehoods&#34; from training data from &#34;books, PDFs, websites.&#34;</p><p>Musk said that Grok would be able to rewrite information with &#34;corrections,&#34; which led to being asked about Grokipedia, a Grok-enhanced version of Wikipedia, to which Musk said it could be &#34;interesting.&#34;</p><p><em>Check out more of Benzinga’s Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Tesla's US EV Market Share Dips Below 40% For First Time Since 2017</li> </ul><p><em>Photo courtesy: Shutterstock</em></p></div></div></div>

TSLA

TSDD

TSLL

TSLQ

09366

07766

07366

TSLR

<p>Tesla CEO Elon Musk provided updates on various projects, including the Optimus humanoid robot, which he claims could be the company's biggest product ever. He discussed the challenges of scaling production and the potential cost per unit. Musk also highlighted advancements in AI technology, particularly the upcoming AI5 chipset, which promises significant improvements. Additionally, he mentioned plans for Starlink-enabled smartphones and updates on SpaceX's Starship. Musk hinted at a new AI model, Grok, which aims to enhance information accuracy.</p>

- Tesla CEO Elon Musk provided updates on autonomous driving, the Optimus humanoid robot, and AI developments at the All In Summit.  
- He emphasized that the Optimus version 3 robot is nearing completion, with potential production costs of $20,000-$25,000 per unit and significant future value for Tesla.  
- Musk also announced advancements in AI technology, including the next-generation AI5 chipset, and discussed plans for Starlink-enabled smartphones and SpaceX's Starship updates.

Benzinga

Tesla

GraniteShares 2x Short TSLA Daily ETF

Direxion Daily TSLA Bull 2X Shares

AXS TSLA Bear Daily ETF

XI2CSOPTSLA-U

XL2CSOPTSLA

XI2CSOPTSLA

GraniteShares 2x Long TSLA Daily ETF

Elon Musk Shares Updates On Robots, Starlink-Enabled Smartphones, AI Push In Latest Interview, Says Optimus Could Be 'Biggest Product Ever'