What is the “Optimus” and what’s up with Tesla?
Al Optimus is a walking robot made by Tesla that looks a lot like the Terminator, but you shouldn’t be concerned because this machine isn’t made for things like combat. Musk disguised Optimus as a girl with a gun and prepared for battle in a promotion, but that was only for show; the gun isn’t actually a weapon.
This is a mobile computer with a loud speaker and a mind. You’ll be surprised when you learn its worth, but not if it’s expensive rather than cheap. Based on the price of Bitcoin at the time of presentation, Al Optimus’ beginning price is probably less than $20,000.
That is the query that has not yet had a thorough response. More than the knowledge that Optimus is a humanoid, there is no other information. Asimo 2000 or plateaued Boston Dynamics would be good examples. Omnibus is a continuation; we still don’t know how this project will turn out.
What would happen if someone attempted to use it improperly or as a weapon? may be the question on your mind. Additionally, there is no reason to worry about this. Even breaking it with a stick is an option for your own safety. At least it isn’t a weapon right now.
Tesla Stock Update
According to the electric vehicle (EV) manufacturer approximately 365,000 automobiles were manufactured in Q3 2022. The company also asserts that it delivered a record amount of over 343,000 vehicles, indicating that typically, its delivery records are skewed toward the end of each quarter.
Additionally, according to Bloomberg consensus, analysts predicted Tesla would deliver 357,938 automobiles, but in reality, they only produced 343,830. Deliveries increased 35% from Q2 and are up 42.5% year over year despite this miss (YoY).
Additionally, throughout Q3, the EV manufacturer switched to a weekly regional mix of vehicle manufacturing, which increased car transit. In Q3, there were 18,672 deliveries of the Model S/X and 325,158 of the Model 3/Y. Tesla is anticipated to announce its financial results for the third quarter of 2022 on Wednesday, October 19, 2022.
Chart and analysis of TSLA
The long-term trend is neutral despite the delivery news, but the short-term trend is down. The price of TSLA has been fluctuating around the 200-day moving average often throughout the past month, ranging from $262.47 to $313.80. A support line at $265.24 and a resistance zone from $286.27 to $289.96 are indicated by technical analysis.
Wall Street analysts still grade Tesla stock as a “moderate buy” despite the recent retracement, projecting that the stock would average $311.19 over the next 12 months, a 17.32% increase over the current trading price of $265.25. Notably, 18 of the 29 Wall Street analysts rate the stock as a “buy,” six rate it as a “hold,” and five rate it as a “sell.”
Interesting enough, TSLA shares have typically benefited from excellent delivery figures. The stock outperformed the overall market from the time deliveries were announced until the company reported its earnings in 8 of the last 11 quarters where it topped estimates. The fact that Tesla is producing and delivering cars at a record rate may provide some comfort to TSLA stockholders despite ongoing worries about inflation and rising interest rates.
