Move Over, Tesla: This Robotics Stock Already Has Paying Customers
Symbotic is a robotics pure play, already in the commercialization stage.
Overview
Tesla (NASDAQ: TSLA) hasn't released its Optimus humanoid robot commercially, but the hype surrounding it remains high. In fact, recent news about supplier audits in China suggests that a massive ramp-up in Optimus production could begin later this year.
While Tesla's Optimus catalyst gets closer, consider that there's already a company in the robotics field generating material revenue from customers. Maybe Tesla shouldn't be the sole wager among robotics stocks.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.