Business · 4h ago
Tesla burns $1B on Optimus bots and Dojo chips
Tesla spent $1 billion in Q2 on AI hardware and robotics, with CEO Elon Musk doubling down on Optimus humanoid robots and Dojo supercomputing chips. The company's cash burn raises questions about profitability as it prioritizes long-term bets over near-term auto sales. Optimus remains 'very complex' and robotaxi safety is still unproven.
Meridian48 take
Musk's big bet on hardware and bots is a high-stakes gamble that could redefine Tesla or drain its resources, but the lack of clear revenue timelines makes it a risky play.
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Tesla burns through a billion as Musk bets the farm on chips and bots →
The Register
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