Nanalyze May 19, 2024
What about Tesla (TSLA)? That’s the first thing many people will say when thinking about investing in humanoid robots. Yes, Tesla is building a humanoid robot called Optimus that they’ll probably put to work in any one of Musk’s many ventures. While Elon doesn’t think humanoids will be helping Tesla make cars any time soon, he does believe “it’s probably the least understood or appreciated part of what we’re doing at Tesla, but will probably be worth significantly more than the car side of things long-term.” If that’s the case, perhaps the robots ought to start building each other.
If Musk and Cathie Wood are to be believed, then Tesla’s car venture will be a minority segment for the firm...
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