Agility Robotics is launching a 60,000-square-foot training facility in Fremont, California, to enhance its humanoid robot Digit's capabilities for real-world use in manufacturing and logistics. Unlike Tesla's Optimus, which is still in development, Digit is already operational and generating revenue with clients like Amazon and Toyota. The company has secured $300 million in contracts and plans to go public later this year through a reverse merger. Agility focuses on practical autonomy and safety, aiming to expand Digit's skills for industrial tasks rather than consumer use, positioning itself as a leader in commercial humanoid robots.
Tesla reported record vehicle deliveries and 25% revenue growth in Q2 2026 but missed earnings estimates by nearly 40% and burned over $1 billion in free cash flow due to heavy investment in AI and robotics. The company is pivoting from an automaker ...
Elon Musk's Tesla and SpaceX are both pursuing leadership in AI but with very different approaches. Tesla focuses on AI-powered robotics and autonomous vehicles, investing heavily in chip production and Robotaxi expansion, though it currently faces n...
Tesla is promoting itself as an AI company with projects like Robotaxi and Optimus robots, but its financials tell a different story. The company reported a 56.88% drop in operating income and negative free cash flow due to soaring capital expenditur...
Tesla historically posts strong gains in calendar week 37, averaging a 4.5% rise over 15 years, outperforming major tech peers. This comes after a recent 6% drop following its Cybercab robotaxi event, which faced negative investor reaction and a safe...
Tesla's stock fell 6% following a Cybercab update event that failed to excite investors. The Cybercab, a driverless robotaxi in production since April, was showcased in a private event without CEO Elon Musk. The National Highway Traffic Safety Admini...
