Elon Musk's Push For 'Tesla Bot' Could Boost These 5 Global Stocks
  • 9 months ago
On Monday, HSBC analysts identified several stocks that could benefit from Tesla's push into humanoid robots.

What Happened: Tesla’s humanoid robot, known as “Tesla Bot,” was launched last September, and has made significant strides in its development, including improvements in walking posture, control of joint actuators, environmental sensing capabilities, and AI training.

HSBC analysts believe that despite the Tesla Bot’s current limitations compared to Boston Dynamics’ Atlas, Tesla may have the upper hand in terms of cost and AI capabilities, CNBC reported.