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Welcome to home robotics limbo [CNN]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tech historians may look back on 2025 as a kind of trough in consumer robotics. Two decades ago, Roombas blew everyone's mind. The company that made them, iRobot, was so flush by 2015 it started its own venture capital arm. But after years of struggling to compete against cheaper competitors from China and a failed acquisition effort by Amazon in 2024, iRobot has been spinning out. It filed for bankruptcy protection on Sunday, announcing plans to be acquired by a Chinese supplier. (Fans, fear not: The company said it plans to continue operating without disruption to app functionality or product support. So your Roomba should, for now, keep making its little circuitous cleaning routes, occasionally getting itself stuck under the coffee table and reliably scaring the crap out the dog.) Meanwhile, Tesla ( TSLA ) shares hit a record high Tuesday, largely driven by CEO Elon Musk's promise that the electric car company is making progress on its transition into an AI and robotics shop
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