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It's the same with his humanoid robot. Instead of building yet another useless hype machine, why not simply do vertical integration and build your own robot arm
by imtringued 10mo ago
It's the same with his humanoid robot. Instead of building yet another useless hype machine, why not simply do vertical integration and build your own robot arms? You have a guaranteed customer (yourself) and once you have figured out the design, you can start selling to external customers.
- hobofan 10mo ago> why not simply do vertical integration and build your own robot arms? Robot arms are neither a low-volume unique/high-cost market (SpaceX), nor a high-volume/high-margin business (Tesla). On top of that it's already a quite crowded space.
- rsynnott 10mo agoBecause making boring industrial machinery doesn't sustain a PE ratio of about 300. Only promising the world does that.