Cybertruck – One America News Network

China’s robot makers chase Tesla to deliver humanoid workers

China is chasing Tesla in the race to build battery-powered humanoids expected to replace human workers building EVs on assembly lines.

Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker.

The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.

U.S. safety regulators have upgraded their probe into Tesla vehicles over power steering loss to an engineering analysis.

Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood.”

One of the main bottlenecks for Tesla is the speed it can make the 4680 batteries used in the Cybertruck with its new dry-coating technology.