Final Take | Elon Musk's Tesla Diner
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Tesla sold three-quarters of its bitcoin holdings at a time when the crypto market was tanking, meaning the EV maker has largely missed out on the rebound.
A Tesla Diner where robots serve popcorn has opened in Los Angeles. Seven years after Tesla’s major shareholder, Elon Musk, announced the concept of a diner with integrated fast chargers, Invidis reports that the inaugural venue has now opened to the public .
Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet to get off the ground.
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Tesla unveiled its first-ever diner in Los Angeles, featuring 80 superchargers, two giant movie screens and roller skating servers.
The geofence, which will trigger an alert when guests are 15 minutes away, was completed the same day the diner is set to open
"Tesla cannot afford a misstep with the robotaxi service," said Camelthorn Investments adviser Shawn Campbell, who owns Tesla shares. He added that "the wheels are coming off" its automotive business, with sales declines across "almost every market."
The Tesla Takedown movement wants the new Los Angeles Tesla Diner to be shut down, levying furious criticism at Elon Musk
Two Business Insider reporters visited Hollywood's new Tesla Diner within 24 hours of its grand opening. It was unusual, but exceeded expectations.