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via finance.yahoo.comBusiness & Companies

Musk says Optimus must learn like a toddler, Tesla cuts full-year capex to $20 billion

FROM THE WIRE · FINANCE.YAHOO.COM

Tesla (TSLA) CEO Elon Musk reminded investors this past summer that making thumbs for the Optimus humanoid robot would be no easy task. Now he's out with a fresh reminder that getting Optimus to behave like a human out in the wild is also no easy task. Two reminders in under six…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe capex cut and robotics doubts may affect Optimus sales estimates and the Tesla stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tesla pulled back its full-year capex commitment from $25 billion to $20 billion.
  2. 02Musk said Optimus must learn through self-play since there is no vast fleet of data.
  3. 03The comments came on his late Wednesday earnings call.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Tesla, Inc.TSLAStock386.22 USD-0.26%today -0.06%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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