Tesla to Focus on Autonomy and AI as Earnings Disappoint

Amid softer EV demand and worsening profit margins this year, Tesla is setting its sights on AI as Elon Musk is betting more on self-driving and artificial intelligence.    The AI hype has investors hooked in the past three months since Tesla’s underwhelming first-quarter deliveries and earnings numbers published in April. The company’s value has risen by $386 billion since then, per Bloomberg’s estimates, as Musk has been touting a Tesla future of AI, autonomous driving, and humanoid robots…