Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Tesla will have humanoid robots in low production for the company's internal use next year, CEO Elon Musk said on Monday, months after he announced that the rollout would be by the end of 2024.
The company will have the robots in high production for other companies' use "hopefully" in 2026, Musk said in a post on social media platform X.
Musk had said in April that the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year and could be ready for sale as soon as the end of 2025.
Humanoid robots have been in development for several years by Japan's Honda and Hyundai Motor's Boston Dynamics. Several companies are betting on them to meet potential labour shortages and perform repetitive tasks that could be dangerous or tedious in industries such as logistics, warehousing and manufacturing.
Musk has a history of failing to fulfil bold promises to Wall Street. In 2019, he told investors that Tesla would be operating a network of "robotaxi" autonomous cars by 2020.
Tesla put out the first generation of its Optimus robot, dubbed Bumblebee, in September 2022. This year, the company posted a video of a second generation of the bipedal robot folding a T-shirt at the firm's facility.
Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Authorities said the Adani Group chairman and seven other defendants agreed to pay the bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years
business1 day ago
Company strengthening regional presence and service offering
business1 day ago
Sinochem may keep three refineries in China's Shandong province
business2 days ago
Memorandum of understanding aims to enhance cooperation in the construction sector
business2 days ago
Serenia Living’s architecture and interiors have been led by Palma’s expert team
business2 days ago
Company’s backward integration model reaps dividends
business2 days ago
Participating companies announce several cooperation achievements
business2 days ago