Tesla, Elon Musk and humanoid robot
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Tesla, Shares Fall
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Tesla is slated to kick off Magnificent Seven earnings when it reports third-quarter results after the closing bell on Wednesday.
The adult-sized humanoid robot doesn’t take any blows, nor does it land any kicks or punches itself, but its movement is smooth and realistic, and demonstrates the bot’s ability to perform dynamic movements with little apparent difficulty. It also manages to stay upright after taking a pretty aggressive shove from its human opponent.
Elon Musk, the world’s richest man, has come out swinging against the “corporate terrorists” opposing his proposed $1 trillion pay package at Tesla, which would also hand him a bigger chunk of the electric car empire, in what would be the largest compensation deal in history.
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Where Will Tesla Be in 5 Years?
Tesla (NASDAQ: TSLA) achieved impressive things in the course of its journey to becoming one of the world's most valuable companies. Shares climbed by 215% in the past five years.
Tesla’s (TSLA) humanoid robot Optimus is likely feeling a little Pessimus today as it faces a double-pronged attack from Chinese rival Unitree Robotics and U.S. tech giant OpenAI.Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off!
CNBC’s “Fast Money” team discusses highlights from Tesla's conference call following its third-quarter earnings report and what happened after CEO Elon Musk didn't mention the expanded robotaxi fleet in his prepared remarks with Gene Munster,