Elon Musk says Tesla will use humanoid robots from next year; Google’s $23bn bid for Wiz rebuffed – business live

Elon Musk says Tesla will use humanoid robots from next year; Google’s $23bn bid for Wiz rebuffed – business live
By: The Guardian Posted On: July 23, 2024 View: 12

Musk says Tesla will use and sell humanoid robots for manufacturing, while Israeli cybersecurity firm turns down a $23bn takeover offer from GoogleElon Musk’s comments, which revived humanoid robot plans, came just hours before Tesla is due to report Q2 earnings.However, it’s unlikely to be a cheery affair, with the electric carmaker expected to see its profits fall for the sixth quarter in a row.Despite almost doubling its stock price between April and July, Tesla sees appetite for its cars and its market share under pressure, and the company’s operating profit is expected to shrink in the Q2 for the sixth straight quarter.What keeps optimism alive for Tesla is the robotaxi plan. Continue reading...

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