Tesla is making progress on its humanoid robot, Optimus, and the AI stack behind it. Elon Musk aims to have thousands of robots working in Tesla factories by year-end, with Optimus 3 expected to scale to nearly 100,000 units per month in five years. Tesla is also investing in new AI chips and a planned AI factory for faster training and deployment.

In the AI robotics space, NVIDIA and AMD are emerging as key players. NVIDIA’s Isaac GR00T N1 foundation model and upcoming Jetson Thor chip are designed for humanoid robot reasoning, while AMD’s Kria System-on-Modules and partnership with BlackBerry QNX are making strides in real-time robotics. While Tesla focuses on building humanoids, NVIDIA and AMD are supplying the computing power behind them.

Tesla’s stock has seen a 20% decline year to date, outperforming the industry’s 16% decrease. With a forward price-to-sales ratio of 10.12 and a Value Score of D, Tesla’s earnings estimates have been on the decline. The stock currently carries a Zacks Rank #4 (Sell), indicating challenges ahead. Investors can access Zacks’ list of top stocks for the next 30 days for further insights.

Read more at Nasdaq: Tesla’s Optimus and AI Ambitions: Can Musk’s Vision Deliver?