Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Badar Shaikh

Elon Musk Teases 'Most Epic Demo Ever' By 2025 End As Tesla Struggles Amid Declining Sales, Trump Ending EV Mandate

Paris,,France,-,June,16,,2023:,Elon,Musk,,Founder,,Ceo,

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has teased an "epic demo" by the end of 2025, sparking buzz around Optimus as well as Cybercab, amid the EV giant's declining sales and ongoing feud with President Donald Trump.

What Happened: The billionaire took to social media platform X on Sunday to share the news. "Just left the Tesla design studio. Most epic demo ever by end of year. Ever."

Why It Matters: Musk's post could point to several things in Tesla's future. The post could be teasing developments in Tesla's Optimus line of robots, which recently underwent a temporary production halt amid major redesign plans.

It could also point towards the company's Robotaxi, which Musk said Tesla aims to expand into the San Francisco Bay Area. Tesla is also looking to expand into Phoenix, according to local government officials. 

The demo at the end of 2025 could involve the Cybercab, a vehicle with no steering wheels or pedals. The Cybercab is Tesla’s vision for autonomous ride-hailing, which recently got a regulatory boost from the NHTSA as the agency eased regulations governing autonomous vehicles in the U.S.

The company has been dealing with the aftermath of Trump's Big Beautiful Bill ending the $7,500 EV credit, as well as rising tensions between Musk and Trump. In the midst of it all, Tesla sales have also taken a hit, with double-digit drops in multiple markets.

Tesla offers poor Momentum and Value, while scoring well on the Growth metric and offering satisfactory Quality. For more such insights, sign up for Benzinga Edge Stock Rankings today!

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next:

Photo Courtesy: Frederic Legrand – COMEO On Shutterstock.com

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.