Elon Musk"Tesla is the only company with all the ingredients for making intelligent humanoid robots at scale. My prediction is that Optimus will be the biggest product of all time by far. It will be 10 times bigger than the next biggest product ever made.""Tesla is the only company with all the ingredients for making intelligent humanoid robots at scale. My prediction is that Optimus will be the biggest product of all time by far. It will be 10 times bigger than the next biggest product ever made." ...

Robotics & Automation - ARK Funds highlights that humanoid robots are evolving automation beyond narrow tasks [1] - Humanoid robots may replace existing labor and monetize household and informal work [1]

RT ib (@Indian_Bronson)You should cherish today's world.It won't remain for long.- humanoid robots aren't *everywhere*- flying drones aren't *everywhere*- can do work making you valuable to others without specialized/hard-won/secret knowledge (pre-40s)- still legal to manually drive to go where you like- distinct global cultures and languages still exist- most people still share the same pre-/non-digital formative experiences- there are no large scale wars or trade breakdowns between nuclear states or globa ...

Core Viewpoint - TSMC is projected to achieve "record profit" in 2025, with CEO C.C. Wei expressing confidence in the company's growth despite potential tariff impacts [1][3]. Group 1: Company Growth and Market Demand - TSMC anticipates continued sales growth in the mid-20% range, driven by high demand for artificial intelligence applications and emerging markets such as humanoid robots [4]. - The company believes that even if U.S. demand for semiconductors decreases due to tariffs, alternative buyers will sustain overall demand [3]. Group 2: Financial Performance and Stock Valuation - TSMC reported a profit of $39.4 billion over the past year, but its free cash flow (FCF) was only $27.3 billion, indicating a cash profit of approximately $0.69 for each $1 in claimed profit [5][6]. - The company's price-to-earnings (P/E) ratio is 24, which appears attractive compared to its growth rate, but the price-to-free-cash-flow ratio exceeds 31, suggesting that TSMC stock may still be considered expensive [5][6].

Core Viewpoint - The company experienced a slight decline in revenue in 1Q25 but managed to narrow its non-GAAP net loss to a record low due to improved gross margins and operational efficiency, alongside non-recurring income [1][5]. Financial Performance - 1Q25 revenue was largely in line with expectations, with vehicle sales dipping 2.1% QoQ to RMB14.4 billion, while average selling price (ASP) decreased by 4.7% to RMB153,000 due to a weakening sales mix [3]. - Gross margin improved from 10.0% in 4Q24 to 10.5% in 1Q25, despite temporary disruptions from inventory provisions and model switch losses [4]. - Non-GAAP net loss narrowed to RMB426 million, aided by a moderate optimization of the OPEX ratio to 24.8% and contributions from non-recurring items totaling RMB500 million [5]. Cash Flow and Position - The company reported strong free cash flow exceeding RMB3 billion in 1Q25, increasing net cash to RMB33.3 billion, which supports future growth initiatives [2][6]. Delivery Guidance and Future Outlook - The delivery guidance for 2Q25 is lower than previous estimates, with expected sales volume between 102,000 and 108,000 units, attributed to weaker demand during the model switch phase [7]. - Anticipated strong sales growth in 2H25 is expected from the launch of several new flagship models, including G7 and next-gen P7, which are crucial for brand enhancement [2][10]. Growth Strategies - The company aims to expand its growth beyond the AI vehicle business, targeting overseas markets and non-vehicle sectors, including humanoid robots, with plans for mass production starting in 2026 [8][9]. - The management expressed confidence in achieving a high-teens blended gross margin by 4Q25, supported by an optimized product portfolio and cost reduction efforts [4][12]. Valuation and Market Position - The company maintained its sales volume forecast for 2025-26 at 470,000 and 620,000 units, respectively, while adjusting non-GAAP net income forecasts to reflect improved gross margin expectations [9]. - Despite recent stock performance lagging behind competitors, the company remains optimistic about restoring sales momentum and profitability in the latter half of 2025 [10][11].