BTW, here’s a quick blurb on humanoid robots in the automotive world:
Tesla not mentioned, fwiw.
And average UAW worker makes $140k a year, with contract ending 2028.
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I think that the base humanoid form will be quickly supplemented, perhaps replaced, by what might be called Humanoid+; able to take advantage of the similarity to the human form when doing jobs set up for us, but with added capabilities that extend functionality. Ever wish for eyes in the back of your head? Their manufacturers will be trying to one-up each other with see-what-else-only-we-have functionality.
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If you look at the above video the (non-Tesla) robots already have larger degrees of freedom in all their joints. So, yeah, same basic form, but better in many ways.
That said, I suspect fine motor skills in hands/fingers will take some time. Like buttoning up a shirt, for instance.
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Michael Burry went short and the market made new ATHs, but he wasn’t wrong.
This is standard fare.
When Tesla fails to deliver operationally, bulls say “but look at the stock.”
Thanks for a great “not seeing the forest for the trees” example!
If you short a stock and lose money, you were wrong in the only metric that matters.
Being right on a thing that no longer matters (or matters as much) to the company and investors isn’t being right, especially when you lose money on it.
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Refresh my memory. Did Michael Burry lose money?
Forest for the trees. Ho ho ho.
The Big Short investor previously bet against Tesla in 2021, when his hedge fund shorted about $530 million of Tesla stock before exiting the trade months later. At the time, Burry told CNBC it was “just a trade.” It’s unclear how exactly his first bet against Tesla panned out, but based on Tesla’s stock moves from the time Scion disclosed the short to when Burry said he closed it, the firm likely took a loss.
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