Best EV Ever<\/p>\n
In a post on the social media platform X, Gerber quoted a post by influencer Sawyer Merritt that shared details about the Model S \u2018Signature\u2019 edition. \u201cThey are spending money to take this production line down,\u201d he said. Gerber hailed the Model S as the \u201cbest EV ever made.\u201d<\/p>\n
\u201cIt\u2019s so counter productive versus building robots elsewhere. This is just wrong,\u201d the investor said, lamenting the sunsetting of the Model S in favor of producing the Optimus Humanoid Robot.<\/p>\n
Elon Musk On Optimus V3, Unsupervised FSD<\/p>\n
Musk also shared that cars equipped with the Hardware 3 (HW3) chip would not be able to achieve Unsupervised Full Self-Driving (FSD)<\/a>. However, Musk had shared that Tesla could offer to change the HW3 cars\u2019 chips to HW4 and upgrade the cameras.<\/p>\n TSLA Valuation<\/p>\n Investor Gary Black of The Future Fund LLC shared that he expected Tesla\u2019s valuation to decline<\/a> following a slowdown in its self-driving progress. He also shared that Tesla\u2019s $25 billion Capital Expenditure was expected, given its pivot towards Robotics.<\/p>\n According to Benzinga Edge Rankings, Tesla offers satisfactory Momentum, but poor Value. It provides a favorable price trend in the Long term.<\/p>\n Price Action: TSLA declined 3.56% to $373.72 at market close on Thursday, further declining 0.14% to $373.18 during the overnight trading.<\/p>\n Check out more of Benzinga\u2019s Future Of Mobility coverage by following this link<\/a>.<\/p>\n Photo courtesy: Mijansk786 on Shutterstock.com<\/p>\n