Source: New York Post
Tesla CEO Elon Musk is asking investors to take a leap of faith on his costly bets in self-driving technology and humanoid robots that have yet to generate meaningful revenue. It raises a key question for investors: whether Tesla’s rising spending can be justified without the kind of established, high-margin cash engines that allow Big Tech peers to fund bigger investments. “If you think that Elon Musk’s view that Optimus will be ultimately their most worthy, most value-creating platform, and you think you’re skeptical, then the capex doesn’t make sense, and it’s probably not a good investment,” said Seth Goldstein, a Morningstar analyst, on Tesla’s humanoid robot, a still-in-development system Musk has said could be mass-produced.
