- Tesla is working on new technologies essential to the creation of Artificial General Intelligence.
- Musk had indicated last year that Tesla’s access to data and its strong computing resources may help make AGI possible as soon as 2026.
- Tesla expects a capital expenditure of over $20 billion in 2026.
Elon Musk, chief executive officer of EV giant Tesla Inc. (TSLA), said on Wednesday that his company intends to be among the pioneers creating artificial general intelligence (AGI).
In a post on the X platform, Musk also indicated that Tesla aims to achieve this breakthrough with machines capable of human-like actions and atomic rearrangement.
Bold Vision For AI
Tesla is working on new technologies essential to creating Artificial General Intelligence (AGI), which refers to AI that can perform tasks like humans in many different cognitive tasks.
According to a Business Insider report, in December, Musk had indicated that Tesla’s access to real-world driving data, its work in robotics, and its strong computing resources, together with efforts at his other company, xAI, may help make AGI possible as soon as 2026.
Key players in the AGI ecosystem in the United States include OpenAI, Google’s DeepMind, Athropic and Meta Platforms.
Tesla stock traded over 1% higher in Wednesday’s premarket. On Stocktwits, retail sentiment around the stock shifted to ‘bullish’ from ‘extremely bullish’ the previous day amid ‘normal’ message volume levels.
Pivot to Physical AI
Tesla expects to spend over $20 billion in 2026, a sharp increase from the $8.5 billion capital expenditure in 2025. The higher spending will support increased production of the Cybercab, the Tesla Semi, and the Optimus robot, with its Fremont factory moving toward building Optimus units.
“Optimus 3 really will be a general-purpose robot that can learn by observing human behavior, so you can, like, demonstrate a task or literally verbally describe a task or show it a task, even show it a video, and it will be able to do that task,” Musk said during the fourth-quarter earnings call.
The company plans to launch the updated Optimus model in the first quarter this year and aims to start manufacturing it before the end of the year.
TSLA stock has gained over 44% in the last 12 months.
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