Tesla Robotaxi fleets are the new crypto treasury for zombie companies

A Nasdaq-listed company worth about $2.4 million says it wants to buy 500 Tesla Robotaxis. KIDZ AI, formerly an online coding school for kids, announced today that it sent Tesla a “procurement inquiry” for the vehicles and plans an “Autonomous Fleet Operations Strategy.”

If the name doesn’t ring a bell, the playbook should. Tesla’s Robotaxi is turning into what bitcoin treasuries were for failing micro-caps in 2025: a buzzword you bolt onto a dying business to get the stock moving.

A kids’ coding school that keeps pivoting

KIDZ AI used to be called Classover Holdings. It sold online classes to K-12 students and went public through a SPAC merger in 2025.

The education business isn’t going anywhere good. According to the company’s Q2 2026 results, service revenue fell 34% year-over-year to $0.48 million, and it lost $2.5 million in the quarter. That’s more than five dollars lost for every dollar of revenue.

So it started pivoting. A lot.

In June 2025, Classover announced a deal for up to $500 million in convertible notes from Solana Growth Ventures, with up to 80% of the proceeds going to buy SOL tokens. It was a textbook crypto treasury play. Only an initial $11 million was funded.