Tesla Q2 & Amazon’s Bee Acquisition: Comprehensive AI Industry Analysis on July 24

It's July 24th. Let's take a look back at the past 24 hours and see what new and noteworthy developments have emerged from AI companies!

1. Tesla's Q2 Performance Dips, Musk Warns of Tough Quarters Ahead. [1] Tesla's after-hours stock falls over 4%. During the quarter, the company's total revenue decreased by 16% year-over-year to $22.5 billion, falling short of analysts' expectations of $22.74 billion. Adjusted earnings per share were $0.40, also missing market expectations of $0.43. The automotive business, a core segment, saw its revenue shrink from $19.9 billion in the same period last year to $16.7 billion.

   Intensified global electric vehicle market competition, particularly from lower-priced Chinese automakers (such as BYD, Geely), is pressuring Tesla. Meanwhile, the rapid growth of Xiaomi and Li Auto in the Chinese market is also eroding Tesla's market share. In the U.S. market, reduced demand is observed due to the cancellation of federal EV tax credits and tariff impacts. On the other hand, Tesla's strategic deployment in the AI field is a key pillar for its future growth. Tesla officially launched its Robotaxi service (in limited areas) in Austin and plans to mass-produce Cybercab autonomous taxis by 2026.

   Simultaneously, the Optimus humanoid robots have begun performing some tasks in factories, with a goal of producing 1 million units annually within five years, though there's no clear external sales timeline yet. Optimus represents a long-term potential for Tesla's AI strategy. We still see Tesla continuing to invest heavily in AI computing power, with Q2 Capital Expenditures (CapEx) and R&D expenses remaining high. Through its FSD and Optimus development, Tesla has injected more imaginative potential into its financial reports.

2. Amazon Acquires AI Voice Wristband Startup Bee. [2] Amazon has heavily invested in AI in recent years, including its self-developed Nova model, Trainium chips, Bedrock platform, and a $4 billion investment in Anthropic. Alexa, as its core AI product, has been upgraded with generative AI, aiming to compete with ChatGPT, Gemini, and Claude.

   Bee's AI wristband generates schedule summaries, to-do lists, and reminders through real-time voice transcription and analysis. Its technology can integrate with Alexa, enhancing Alexa's contextual awareness and mobility, extending from home voice assistants (Echo series) to wearable devices, providing a more seamless and personalized experience.

3. Amazon (AWS) Disbands Shanghai AI Research Institute. [3] The news came too suddenly. Wang Minjie, an applied scientist at Amazon Web Services Shanghai AI Research Institute, posted on his WeChat Moments on July 22 that he received notification of the institute's disbandment due to "strategic adjustments between China and the U.S." On July 23, an Amazon spokesperson confirmed this news.

   This was Amazon (AWS)'s last overseas AI research institution. Led by Professor Zhang Zheng from NYU Shanghai, it focused on graph neural networks (GNN) and machine learning research, developing the widely popular open-source framework Deep Graph Library (DGL). The Amazon Shanghai AI Research Institute had also published DGL-related papers and news.

---

For more valuable AI insights, please follow: https://iaiseek.com/

[1] Source: https://www.aljazeera.com/economy/2025/7/23/tesla-reports-biggest-quarterly-revenue-decline-in-more-than-a-decade

[2] Source: https://www.newsweek.com/amazon-technology-listening-recording-bee-2102846

[3] Source: https://www.zaobao.com.sg/news/china/story20250723-7201947