Technology
Chinese Robotics Suppliers Rise on Tesla Optimus Audit Report
Key Points
Chinese Robotics Suppliers Rise on Tesla Optimus Audit Report Shares of Chinese robotics‑component suppliers climbed after a local report said Tesla Inc. teams had arrived in the country to audit suppliers and place additional orders to boost production of its Optimus humanoid model. The Solactive China Humanoid Robotics Index, which tracks companies in the sector, jumped as much as 2.4% following the report by 21st Century Business Herald. Shares of actuator maker Ningbo Tuopu Group, which...
Chinese Robotics Suppliers Rise on Tesla Optimus Audit Report
Shares of Chinese robotics‑component suppliers climbed after a local report said Tesla Inc. teams had arrived in the country to audit suppliers and place additional orders to boost production of its Optimus humanoid model.
The Solactive China Humanoid Robotics Index, which tracks companies in the sector, jumped as much as 2.4% following the report by 21st Century Business Herald. Shares of actuator maker Ningbo Tuopu Group, which rose as much as 7%, contributed the most to the index’s gain. Sensor manufacturer Ningbo Joyson Electronic Corp. and thermal-management supplier Zhejiang Sanhua Intelligent Controls Co. both advanced by more than 4%.
Chinese Robotics Suppliers Rise (ORG)
Tesla Optimus Audit Report Chinese Robotics Suppliers Rise (ORG)
Tesla Optimus Audit Report (ORG)
Chinese (ORG)
Tesla Inc. (ORG)
The Solactive China Humanoid Robotics (ORG)
Ningbo Tuopu Group (ORG)
Ningbo Joyson Electronic Corp. (ORG)
Zhejiang Sanhua Intelligent Controls Co. (ORG)