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Stockreport

Apptronik raises $520 million to beat Chinese humanoids, Tesla Optimus to market [CNBC]

Tesla, Inc. (TSLA)  More Company Research Source: CNBC
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Humanoid robotics startup Apptronik was valued at $5 billion in a funding round that included capital from Google. The company's Apollo humanoids are being tested in factories and warehouses with partners Mercedes-Benz and GXO Logistics. CEO Jeff Cardenas said Apptronik will use the funding to expand in Austin, Texas, open a new office in California and scale production of its robots. In this article Apptronik co-founders (L-R): CTO Nicholas Paine and CEO Jeff Cardenas Courtesy Apptronik Apptronik has raised $520 million in funding at a $5 billion valuation as the startup aims to commercialize its humanoid Apollo robots, potentially beating Chinese competitors and Tesla's Optimus to the market. The new funding, announced on Wednesday, brings Apptronik's series A funding round to $935 million. B Capital, chaired by Howard Morgan, co-led the deal with Google Located in Austin, Texas, where Tesla is also headquartered, Apptronik is reeling in cash to refine and start pro [Read more]
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Stockreport

Apptronik raises $520 million to beat Chinese humanoids, Tesla Optimus to market [CNBC]

Tesla, Inc.  (TSLA) 
More Company Research Source: CNBC
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Humanoid robotics startup Apptronik was valued at $5 billion in a funding round that included capital from Google. The company's Apollo humanoids are being tested in factories and warehouses with partners Mercedes-Benz and GXO Logistics. CEO Jeff Cardenas said Apptronik will use the funding to expand in Austin, Texas, open a new office in California and scale production of its robots. In this article Apptronik co-founders (L-R): CTO Nicholas Paine and CEO Jeff Cardenas Courtesy Apptronik Apptronik has raised $520 million in funding at a $5 billion valuation as the startup aims to commercialize its humanoid Apollo robots, potentially beating Chinese competitors and Tesla's Optimus to the market. The new funding, announced on Wednesday, brings Apptronik's series A funding round to $935 million. B Capital, chaired by Howard Morgan, co-led the deal with Google Located in Austin, Texas, where Tesla is also headquartered, Apptronik is reeling in cash to refine and start pro [Read more]
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TSLA
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Price Change %
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%
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Performance comparison Updated
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LAST PRICE AT
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Multi-day stock performance from the time of the news release
LAST PRICE
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MAX DOWN
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%
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%
PRICE CHANGE
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%
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