Latest news with #Optimus
Yahoo
2 hours ago
- Automotive
- Yahoo
Elon Musk Said He Would 'Walk The Line Personally' Following $16.5 Billion Samsung Deal, Is this A Return To 'Wartime CEO' Mode?
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk recently announced he will be closely involved with Samsung Electronics (OTC:SSNLF) manufacturing the EV giant's next-gen AI6 chip following a $16.5 billion deal. What Happened: Taking to social media platform X, Musk announced the deal with Samsung on Monday. "Samsung's giant new Texas fab will be dedicated to making Tesla's next-generation AI6 chip," Musk said before adding that the deal had significant strategic 7,000+ investors have joined Timeplast's mission to eliminate microplastics—now it's your turn to However, what was interesting was the billionaire's comments after. Replying to the original post, Musk said that the deal was a critical point. "I will walk the line personally to accelerate the pace of progress," he said. This could signal Musk's renewed focus on his companies after a stint in politics and activism with the Trump administration and the Department of Government Efficiency (DOGE). Could this be a 'Wartime CEO' moment for Musk? Well, this isn't the first time Musk has expressed full commitment to his had earlier said in a post that he would "spend seven days a week" and would sleep at the office if his kids were away. That too wasn't an isolated case, as Musk had also shared that he would be "Back to spending 24/7 at work and sleeping in conference/server/factory rooms," following outages experienced by social media platform added that he would 'be super focused on 𝕏/xAI and Tesla (plus Starship launch next week), as we have critical technologies rolling out."Why It Matters: Musk's renewed commitment to his businesses could be a confidence booster for investors following a disappointing Q2 earnings call for Tesla that saw the EV giant post a 12% revenue decline as well as dwindling sales figures across multiple regions. Despite this, Musk has remained optimistic and promised to release a new affordable Model Y, a decision that has been slammed by critics as it could lead to cannibalization within the company's lineup. Musk has also laid out ambitious targets of producing over 100,000 units of the Optimus robot annually in 5 years and serving about half of the population of the U.S. with robotaxis by the end of the year. Elsewhere, Musk's SpaceX also aims to conduct a test launch of its Starship rocket next month and the billionaire has said that the next major milestone for the company is to achieve orbital propellant refilling. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Photo courtesy: Shutterstock/Alessia Pierdomenico UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Elon Musk Said He Would 'Walk The Line Personally' Following $16.5 Billion Samsung Deal, Is this A Return To 'Wartime CEO' Mode? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
India Today
11 hours ago
- India Today
This humanoid robot from China can cartwheel, punch, and run, is cheaper than an EV
A Chinese robotics company has caught the world's attention with the launch of a humanoid robot that can run, cartwheel, throw punches, and even perform backflips. The robot, called R1, has been created by Unitree Robotics and is priced at just CNY 39,999 or $5,900, which roughly translates to about Rs 5 lakh. That's less than a budget electric vehicle like a Tata Tiago EV and far cheaper than any other humanoid robot in the same league. With athletic moves and a sleek build, the R1 is being pitched as a 'sporty' robot, capable of pulling off complex stunts like a kip-up, handstand, and martial arts-style kicks. But while its flashy promo video has earned millions of views online, it has also sparked debates about what exactly a humanoid robot should be Unitree R1 stands 121 cm or 4 feet tall, weighs 25 kg, and is powered by 26 joints that allow for a surprising range of motion. In the video released by Unitree, the R1 is seen flipping through the air, sprinting, and mimicking combat moves with impressive balance and coordination. For a robot in this price range, those abilities are quite rare. Most humanoids with comparable mobility cost several times more. Tesla's Optimus robot, still in early development, is expected to be priced under $20,000 (roughly Rs 17.4 lakh) — but only if it's produced at scale. Meanwhile, rival bots like UBTech's Walker S and EngineAI's PM01 are priced significantly higher, making the R1 the most affordable option for a dynamic course, the aforementioned humanoids — apart from Tesla's Optimus — are all China-made, which begs the question: where does this leave India in the race? While the country is still making small moves in a game that's scaling fast, there has been some development. For instance, take Reliance. It has partnered with Addverb, a robotics company, and is building an India-made humanoid for industrial use. ISRO is building a half-humanoid astronaut called Vyommitra. DRDO recently announced work on defence-use humanoid robots. And startups like Vanar Robotics are prototyping service robots out of Indian cities. That said, this is a story for another time — because right now there's a bigger question: what's the point of a robot that can do flips and kicks if it can't handle basic household chores? That's what many people online have been asking. Here's how some netizens reacted to the viral R1 video:One user questioned the robot's abilities with household chores, stating, 'Can it vacuum? Can it run the washing machine? Can it fold clothes? Can it iron? Can it cook? As a security robot, it seems interesting, but honestly, at the moment, it's not what interests me most.'Another user shared the same sentiment, stating, 'Are the hands developed enough to make breakfast, cook, make, mow the lawn?'One user did add a valid point by pointing out folks who are missing the whole point. The user writes, 'A lot of people ask if it can cook and clean. Completely missing the point of a cheap humanoid. At this price, it's A) a toy and B) a research tool; if you want to build out the software for a robot servant, then you need plentiful hardware for testing and development.'Another user posted, 'Very dubious that this represents real-world performance, today. But something like this will be common sooner than most think.'While the R1 may not be folding laundry anytime soon, for $5,900, it's one of the first humanoids that's financially within reach for researchers, hobbyists, and maybe even early adopters looking for more than just company, based in Hangzhou, is also preparing to go public soon and could become the first humanoid robotics firm to be listed on China's stock exchange.- Ends
Business Insider
20 hours ago
- Business
- Business Insider
Tesla Faces $5,900 Robot Challenger as Unitree Unveils R1 Humanoid
Chinese robotics company Unitree has revealed its new humanoid robot, the R1, with a starting price of $5,900. The company introduced the robot at the World AI Conference in Shanghai last week. The R1 drew public attention for its agility, including cartwheels and balance moves, demonstrated in live videos and online clips. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The R1 stands 4 feet tall and weighs 55 pounds. It includes 26 joints for multi-axis mobility and features voice and image recognition tools. Unitree states that the robot utilizes an 8-core chip with an integrated GPU. The device supports Wi-Fi 6 and Bluetooth 5.2 and includes a removable battery with a runtime of around one hour. The launch adds pressure to other companies in the humanoid robotics space, including Tesla (TSLA). Tesla has yet to ship its Optimus robot and has not confirmed a production date, although Elon Musk projects producing 100,000 robots every month by 2030. Musk has also estimated that Optimus will cost at least $20,000. That is more than three times the R1's announced price. The R1's hardware shows a focus on motion over task performance. It does not include usable hands or physical manipulation tools. Analysts note that it is designed for testing and software development, rather than for home or factory use. Unitree has not provided a delivery timeline, but states that the robot is still in development. The company expects to use third-party dealers for global distribution. Previous Unitree robots have carried higher price tags. The G1 humanoid started at $16,000, while the H1 model reached a price of $90,000. The company says it wants to lower cost barriers for developers and early adopters. A Growing Industry The humanoid robotics space has drawn rising interest from investors. Boston Dynamics, owned by Hyundai Motor Company (HYMLF), has developed its Atlas robot for research use, but its price exceeds $100,000. Other companies working in the field include Agility Robotics, Apptronik, and Sanctuary AI, all of which are focused on enterprise deployment. The R1 launch aligns with government targets in China, where robotics is a national priority under industrial policy plans. Unitree has stated that it aims to integrate humanoid robots into homes and offices in the long term. For now, the R1 adds a new price benchmark in a market still early in commercial adoption. We used TipRanks' Comparison Tool to analyze Hyundai Motor Company (HYMLF) and Tesla (TSLA), both mentioned in the article. This gives you a broader view of how the two stocks compare across key metrics.
Business Insider
a day ago
- Automotive
- Business Insider
Don't Trash Tesla (TSLA) as it Thunders Towards $10T Market Cap
Tesla (TSLA) has had its fair share of doom-mongers, hecklers and party-poopers this year, but it could already be well on its way to becoming the first ever company to hail a $10 trillion market capitalization by the end of the decade. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The EV maker is currently valued at just over $1 trillion despite a difficult 12 months of increased EV competition, threats to government subsidies and the impact of chief executive Elon Musk's on and very much off relationship with President Trump. Many investors, however, already believe these issues are in the rear-view mirror and see a number of market-cap drivers ahead. Robotaxis Tesla launched its robotaxi service in Texas earlier this year with analysts hopeful that it will be right at the front bumper of a $10 trillion global market. Indeed, some predict that Tesla's share price will reach $2,600 in the next five years, with 90% of that growth down to the robotaxi opportunity. The market is expected to grow off the back of people willing to give up the stress of driving their own cars on congested urban roads, cutting the cost of using taxis, as well as the environmental benefits. And anyway living out those 'Total Recall' fantasies is all pretty cool, right? A recent report from Goldman Sachs revealed that 35,000 autonomous vehicles could operate in the U.S. by 2030. That could mean generating around $7 billion in annual revenue. Tesla won't get all that cash, of course. It has stiff competition in the sector from Alphabet's (GOOGL) Waymo and EV maker Lucid Motors (LCID), but Tesla's brand recognition could make it the leader of the pack in the years ahead. Optimus Musk clearly likes his sci-fi films. He has made it clear that he sees humanoid robots as the future of EV maker Tesla. 'I think humanoid* robots will be the biggest product ever,' Musk recently told CNBC. 'The demand will be insatiable. Everyone's going to want one. It's like, basically, who wouldn't want their own C-3PO or R2-D2?' Tesla has been testing about 50 Optimus robots at its Palo Alto facility, where they are trained to walk and handle objects under supervision. Production has since shifted to Fremont, California, where Tesla also builds its cars. Musk is eyeing up a global $10 trillion AI robotics market. He believes Optimus bots can handle mundane tasks in factories, in our homes, and beyond. That could free up valuable labor time and cut costs for businesses as well as ensuring that little Timmy never gets told off for having a messy bedroom again or big Timmy doesn't get scolded for leaving a beer can in the fish tank. There have been some production delays and tech hurdles such as overheating robot hands, but Musk believes ramping up Optimus production could eventually drive Tesla's valuation to sweltering heights of $30 trillion. Analysts at Barron's even believe that the Optimus could become as ubiquitous in our everyday life as the Apple (AAPL) iPhone. Analysts project the humanoid robot market to grow at a 17.5% CAGR from 2025 to 2030. Tesla's Optimus could generate $250 billion in revenue by that date. FSD In the U.S. there are 120 traffic related deaths every day. That is almost 1,000 people every week, or the equivalent of three huge plane crashes. These numbers have become almost accepted by society, but Tesla's Full Self Driving technology has the potential to change the narrative and ensure Moms, Dads and kids come home safe every evening. As per its second quarter report, Tesla recorded one crash for every 6.69 million miles driven for vehicles that were using its Autopilot technology. For drivers who were not using Autopilot technology, it recorded one crash for every 963,000 miles driven. Musk has promised unsupervised FSD by the end of this year which could lead to more demand for Tesla vehicles. Passive Income Investors and users are increasingly looking at the Tesla platform as a way of making passive income from a set of wheels. That includes income from car-sharing, in-car advertising, and affiliate marketing. Just sit back and enjoy those dollars flowing in as your car does the work for you. Energy Storage Tesla's energy business saw total energy generation and storage revenue jump 67% year over year to more than $10 billion in 2024. After deploying 14.7 gigawatt hours (GWh) of storage in 2023, Tesla more than doubled this figure to 31.4 GWh in 2024. Its Megapack product – a grid-scale battery storage solution designed for utilities and large-scale commercial customers has led the way. The company is producing Megapacks at its dedicated Lathrop, California, facility, and recently started production at a second Megapack factory in Shanghai, with a target production of up to 40 GWh of capacity per year. The Battery Energy Storage System Market grew from $56.29 billion in 2024 to $68.70 billion in 2025. It is expected to continue growing at a CAGR of 22.13%, reaching $186.90 billion by 2030. It's being driven by the energy transition story and the need for storage solutions when the sun doesn't shine and the wind doesn't blow. The wind could be blowing kindly in Musk's direction for the rest of the decade. Is TSLA a Good Stock to Buy Now? On TipRanks, TSLA has a Hold consensus based on 14 Buy, 15 Hold and 8 Sell ratings. Its highest price target is $500.
India.com
a day ago
- Automotive
- India.com
Rs 250000000000000: Elon Musk to earn massive amount of money using AI in Tesla, plan is to...
Elon Musk made a surprise appearance (virtually) at the Tesla Owners of Silicon Valley event in San Mateo, California on Saturday. The event brought together Tesla fans from around the world. During his talk, Musk made a bold claim that caught everyone's attention. He said, 'Tesla could make 1 billion Optimus robots every year in the future' which aims to grab a huge share of the 20 billion robot market. Musk estimated that even if each robot costs just Rs. 2.5 lakh (around USD 3,000), the total yearly revenue could reach Rs. 2,500 lakh crore (USD 30 trillion). Musk admitted that this goal is still like a 'dream in the sky', but he believes the progress in artificial intelligence is happening at a speed like a 'supersonic tsunami.' Tesla's Optimus Robot: Production to begin by 2025 Tesla is working on building humanoid robots called Optimus, using its advanced AI and manufacturing technologies. According to Musk, the latest version, Optimus Version 3, is now ready for mass production. By the end of 2025, Tesla plans to build a few hundred robots, even though the earlier goal was to produce thousands. From 2026 onwards, large-scale production is expected to begin. These robots are being designed to help with everyday tasks and if Musk's vision turns real, we could see a future where humanoid robots are as common as smartphones today. AI and Robots: Could this be world's biggest future market? Elon Musk believes that robots will be the biggest product of the future and he's not alone. Even NVIDIA CEO Jensen Huang agrees with this vision. According to tech analyst Shellye Bolour from Futurum, the world spends around Rs. 4,100 lakh crore (USD 50 trillion) every year on human labor. If robots start taking over some of this work, it could lead to a massive transformation in the global economy. Musk says this shift shouldn't be feared. Instead, he calls it the 'age of abundance', where machines help improve life and increase prosperity. Tesla shares latest update Tesla investors are used to stock market swings. After the company released its Q2 earnings on Wednesday, its stock fell 8 per cent on Thursday, but then bounced back by 4 per cent on Friday. So far in 2025, Tesla shares are down 22 per cent, though they had also seen a 44 per cent rise over the past 12 months. The journey of Tesla in both AI and the stock market continues to be full of surprises. Key points for Tesla investors Here are some important things that investors should keep in mind when it comes to Tesla: More than 40 per cent of Tesla's traded shares are held by retail (small) investors. This is much higher than the average of around 25 per cent seen in other 'Magnificent Seven' tech stocks like Apple, Microsoft, or Google. Tesla stock is currently trading at 180 times its estimated 2025 earnings (P/E ratio). That's extremely high compared to most companies. In fact, in the entire S&P 500 index, only Palantir has a higher valuation right now. Tesla's stock often reacts strongly to major events or even Elon Musk's comments, especially during high-profile events like tech showcases or takeovers. Investors need to stay alert, as Musk's statements can influence stock prices almost instantly.
