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Tesla is currently hosting Cybertruck delivery day in Vancouver, Canada. Meanwhile, Chinese automaker X Pang has unveiled a new humanoid robot called "Iron," which is powered by the company's proprietary Turing AI chip and can perform various autonomous tasks.
In the legacy automaker space, Nissan is facing a tough situation, announcing plans to lay off 9,000 employees, cut production capacity, and sell a third of its stake in Mitsubishi. The company is moving into "emergency recovery mode" after posting a net loss in the latest quarter and downgrading its full-year sales and operating profit outlooks.