Part four of Tesla’s “Master Plan” de-emphasizes its EV business, which is on pace for its second consecutive year of declining global sales.

Tesla boss Elon Musk said Monday that the company’s future isn’t tied to cars anymore. Speaking just after releasing a new “master plan,” Elon said that 80% of Tesla’s value will come from Optimus, the humanoid robot project he first introduced in 2021.

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