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Tesla (TSLA) Shares Decline as OpenAI Enters Humanoid Robot Market
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Tesla (TSLA) Shares Decline as OpenAI Enters Humanoid Robot Market
Quick Summary Shares of Tesla declined 3.57% Monday following OpenAI CEO Sam Altman’s weekend announcement of OpenAI Robotics, a new humanoid robot division. The new OpenAI Robotics division will target skilled labor and infrastructure applications, creating direct rivalry with Tesla’s Optimus initiative. Tesla has halted Model S and Model X manufacturing to repurpose the factory line for Optimus production, aiming for approximately 1 million u…
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