Tesla is placing a significant emphasis on artificial intelligence (AI) as it prepares for the future growth wave. In a recently released presentation accompanying its quarterly earnings call, the company stated that advancements in autonomy and the introduction of new products will be the driving forces behind this wave. CEO Elon Musk highlighted their investments in AI training and infrastructure to support upcoming projects during the earnings call. Tesla's AI-powered autonomy offerings include the FSD (Supervised) driver assistance features, the Optimus humanoid robot, and the future autonomous driving and Robotaxi service. The company made progress during the second quarter, improving the robustness of FSD (Supervised), lowering its price in North America, and offering free trials to eligible Tesla car owners.

Musk also mentioned plans to instruct staff on assisting customers with FSD (Supervised) usage during service visits, anticipating increased demand. Additionally, Tesla has successfully deployed Optimus in a factory setting, with plans to start production in early 2025 and expand its use both internally and externally by 2026. The development of future autonomous driving and Robotaxi service is ongoing, with the deployment of the latter dependent on advancements in technology and regulatory approval. Tesla achieved record quarterly revenues in the second quarter, with growth driven by the energy storage business and an improvement in vehicle deliveries, supported by increased consumer sentiment and financing options.