Tesla Loses To Meta AI Executive Integral To '80%' Of Company's Future Value

Group 1 - Tesla's AI lead for the Optimus humanoid robot, Ashish Kumar, has left the company shortly after CEO Elon Musk stated that the Optimus product could represent around 80% of Tesla's future value [1] - The Tesla Robotaxi service has received regulatory approval to expand its operations in Arizona, indicating progress in the company's autonomous vehicle initiatives [2] Group 2 - The stock market has reached new highs, influenced by news related to the Federal Reserve's interest rate cuts and developments in the tech sector, including Nvidia [4] - Major indices such as the S&P 500 and Nasdaq have rallied to record highs, reflecting positive investor sentiment and market conditions [4]